financial reality

Separating fact from fiction in finance and economics


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  • InLibrisLibertas
    Location : Mill Valley, California, United States

    I'm an independent investor. I make my living from the returns on my investments. I work at home, in the northern part of the San Francisco Bay area, or on my boat which I keep in the British Virgin Islands. I spent most of my career as an executive in high-tech, although I also spent time in banking. Down to one kid in university now!

Roubini Pops The Question

July 30th, 2007 by reality

Nouriel Roubini asks: “Are We at The Peak of a Minsky Credit Cycle?” Well, if you had checked here first, Nouriel, you wouldn’t need to ask rhetorical questions, would you?

And by the way, another hedge fund went casters up to the tune of $1.5 billion in losses. That’s deleveraging in action. The WSJ provides a copy of their “Oops, sorry ’bout that” letter.

Posted in Manias, Nouriel Roubini, Strategy & Scenarios |

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