George Dorgan had been one of the predictors of the financial tsunami of January 15, 2015. This is also visible in many posts in Seeking Alpha between 2012 and 2014. Very often he spoke about the impossibility of the peg and the strong Swiss economy. He often criticized the - as for CHF - notoriously wrong bank research, in particular in the Seeking Alpha article: The Swiss Franc, Pseudo-Mathematics and Financial Charlatanism http://seekingalpha.com/article/2195983-the-swiss-franc-pseudo-mathematics-and-financial-charlatanism George lives in Zurich and knows well the Swiss mentality and the mindset of the Swiss National Bank (SNB) that is in line with supply-side and Austrian economics. George is a heterodox economist and manages a very small private hedge fund on global macro basis following contrarian strategies. Dorgan is largely an Austrian economist, supply sider and fierce advocat of deflation caused by technologic progress, free trade and the global distribution of labor. He is against both the Keynesian mainstream and those Austrians that see the hyper-inflationary collapse coming. His ideas are also inspired by Minsky and Richard Koo, but he considers fiscal intervention only when private sector savings rates are rapidly increasing. For Dorgan, GDP growth is currently not important, but a stabilisation of savings rates. Apart from some countries in Southern Europe, unemployment is extraordinarily low in the world, in particular in emerging and less privileged economies. For him, the 2008 financial crisis was rather a balance of payments crisis of the United States and thanks to globalisation, only a very short-lived crisis. Dorgan started up as quant programmer, worked at UBS and Reuters. He speaks nine languages including Russian. He has a broad knowledge on (economic) history, law, computer science and business. He currrently manages Too Big To Fail projects in big Swiss banks. His recent publications that were editor's picks in Seeking Alpha: FX Rates, Contrarian Investment And The Misleading Concept Called GDP http://tinyurl.com/ortw73c The Dollar, The ISM, Buy American And Irrational Exuberance http://tinyurl.com/o6q7qtg Other useful contributions are the regularly updated: What Drives Government Bond Yields? http://tinyurl.com/pnn3urn The Six Major Fundamental Factors that Determine Gold and Silver Prices http://tinyurl.com/qxahse7 His Google Plus profile https://plus.google.com/u/0/+GeorgeMDorgan and his Twitter account https://twitter.com/DorganG
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