Seeking Alpha
View as an RSS Feed

Herve van Caloen  

View Herve van Caloen's Comments BY TICKER:
Latest  |  Highest rated
  • The Deflation Hoax [View article]
    The solution is not debt. The solution is not inflation. The solution is not currency wars. The solution is to stop trying to manage cycles. The more one manages cycles the more the system becomes vulnerable. Isn't defending this pile of debt "ideological tsunami"? I am only saying that telling us that we need inflation to grow is b.s. If you think my reasoning is wrong, show it but don't automatically go to this argument that if one disagrees with Keynesian ideology, one must be an ideologue.
    Mar 2, 2015. 04:35 PM | 3 Likes Like |Link to Comment
  • The Deflation Hoax [View article]
    NeedMoreCoffee, depressions and panics were the norm in the nineteenth century also. I don't dispute that, but I believe it is inheritant to capitalism. Trying to avoid corrections - the Great Moderation - is what makes the system fragile over time.
    Mar 2, 2015. 12:56 AM | 1 Like Like |Link to Comment
  • The Deflation Hoax [View article]
    Thank you, Mitch.
    Mar 2, 2015. 12:53 AM | Likes Like |Link to Comment
  • The Deflation Hoax [View article]
    226178, you are right. I do not pretend to explain everything. My point is specific. It is about the erroneous concept that one needs inflation to get the economy growing again. There a lot of factors that help the economy grow. Mild inflation is not one of them. Yet that is what we are being told.
    Mar 1, 2015. 04:17 PM | 3 Likes Like |Link to Comment
  • The rise and fall of Keynesian Economics [View instapost]
    Excellent. Thank you.
    Feb 28, 2015. 07:58 PM | Likes Like |Link to Comment
  • The Deflation Hoax [View article]
    Indeed, I believe the CPI hugely understates real inflation, mostly because of an "estimated" cost of rental.
    Feb 28, 2015. 04:31 PM | 3 Likes Like |Link to Comment
  • Putin's War On Ukraine [View article]
    Quant, your argument justifies the armed rebellion of separatists in Corsica, the Basque country etc. If only these separatists had a big brother country, they too would be justified to kill for their independence? The fact that there is a minority in the east of Ukraine (not THE Ukraine, Ukraine is a country) does not justify Putin's dismissing of signed treaties.
    Feb 16, 2015. 11:25 AM | Likes Like |Link to Comment
  • Putin's War On Ukraine [View article]
    Ok. But do read about Bismark's wars before 1870 and the events in Italy. Stalin's massive deportation of Ukrainians, including Tatars, may explain why Russians claim to be a majority in th PE east and in Crimea, no?
    Jan 31, 2015. 07:27 AM | Likes Like |Link to Comment
  • Putin's War On Ukraine [View article]
    Quant, you know enough history to not state that if Putin were to invade the eastern Ukraine, he would be taking the first step in Hitler's footprint. South Ossetia? Abkhazia? Half of Moldova? Crimea? And, by the way, there are Russian soldiers and sophisticated Russian weapons going back and forth between Russia and Ukraine.
    Now, before we get lost in endless discussions of history, let's try to look at the big picture. Nineteenth century Europe was plagued by endless nationalistic wars, which eventually resulted in the 2 world wars of the twentieth. Putin is reviving this spirit. Yes, a minority of Russians in Ukraine may still long for the Soviet empire, but the war started when Putin used his stooges to invade Crimea and then foment a "revolution" in the east.
    Again, where is the defense of the Tatars? Chechnya? The list of frustrated minorities who were conquered is much longer than the list of Russian imperialists left behind in Ukraine, Latvia, Estonia, etc. At the end, Europe has to decide if it wants to solve its problems peacefully (The European Union's initial goal) or through wars (Putin's macho solution). The latter is quickly leading to a dangerous war. You write yourself that Hitler would have been judged as an annoyance if he had stopped after taking Vienna and Prague. Would it have been better to stop him earlier?
    Jan 30, 2015. 03:02 PM | 1 Like Like |Link to Comment
  • Putin's War On Ukraine [View article]
    Quant, do you really think the Tatars are better off today in Crimea? Don't you think have a stronger case to claim Crimea which was Tatarstand before it was Russia? History is easy to manipulate and Putin is a master at it. To say that the Flemish should joins The Netherlands because they share a language is not understanding European history. The Dutch and the Flemish have been separated since Holland's independence from Spain. After centuries of separation, they no longer have much in common. Ditto for Ukraine, which despised the Moscovites a thousand years ago. Ukraine's history through the Commonwealth of Poland and Lithuania has made it a different people. The Russians in the East are mostly those who came with Potemkin in the late eighteenth century. They are the occupiers and will be a minority. Nobody suggests they should oppressed.
    Jan 30, 2015. 08:43 AM | Likes Like |Link to Comment
  • Putin's War On Ukraine [View article]
    Thank you, Quant. I just answered why I used the Hitler reference on top of the point you make.
    Jan 30, 2015. 08:30 AM | 1 Like Like |Link to Comment
  • Putin's War On Ukraine [View article]
    Quant, the comparaison with Hitler is about the Sudetenland. Hitler too pretended to intervene to help his "countrymen". It has been an excuse time and again in European history
    Jan 30, 2015. 08:29 AM | 1 Like Like |Link to Comment
  • Putin's War On Ukraine [View article]
    I am not sure I understand your argument,caret311.
    So, we should have embraced German propaganda on the basis that Hitler was demonized by the press? Facts are facts.
    Jan 29, 2015. 11:49 AM | 1 Like Like |Link to Comment
  • Putin's War On Ukraine [View article]
    Thank you, Quant.
    My point about European countries is that there is not one that is really homogenous, maybe with the exception of Poland after the powers redefined its borders after WWII - even though Germans would dispute that.
    I did not say that they need to be forcibly assimilated, but that they are Ukrainians which does not mean they cannot speak Russian. I believe the reported language "imposition" was greatly exaggerated by Russian propaganda. Anyway, it did not happen.
    As far as the history of the Southern Slavic people is concerned, there always was a difference between the Kievian Rus (at the time the more developed) and the Duchy of Moscou where the barbarians lived. I am not an expert, but I understand that they were different groups of Slaves, as were the Poles and the Serbs. Should Putin not recreate a great Slavic empire under that argument?
    As far as Putin is concerned, yes he is the villain. He is trying to go back to eighteenth century European politics where borders were defined by the strongest armies. He did invade Crimea and the same masked militias started trouble in eastern Ukraine. Without the sophisticated weapons and the Russian soldiers, Poroshenko would have ended this war months ago.
    Jan 29, 2015. 11:24 AM | 1 Like Like |Link to Comment
  • Initial Thoughts On European QE [View article]
    OK, Neil. But where does the money come from that the Fed pays the Treasury ($97 billion last fiscal year)?
    Jan 29, 2015. 09:25 AM | Likes Like |Link to Comment