Years ago, I read George Soros' "The Crisis of Global Capitalism." It was eye-opening for me. This book exceeded even that in helping me understand the roots of the crisis in Asia in the late 1990s, but also, how it is responsible for creating the world we live in today.
I strongly suggest people listen to the conversation with Russell Napier. It applies all the lessons from Asia for investors trying to peer over the horizon. Napier recently flipped from being a deflationist to calling for a permanent rise in inflation driven by bank lending, government guarantees, and credit rationing, and this has direct implications for those of us trying to navigate a terrain that feels unprecedented when it really isn't.
Truly one of the best investment podcasts I've ever heard.
Submitted July 19, 2021 at 10:45AM by nnikolaki https://ift.tt/3kGuEzg
