Seeking Alpha
View as an RSS Feed

Shareholders Unite  

View Shareholders Unite's Comments BY TICKER:
Latest  |  Highest rated
  • 'The U.S. Is Broke' [View article]
    Yes, try the austerity and the semi gold standard solution of the euro where individual countries can't reflate and see what that brought about.. in Greece. Economy shrinking by over a quarter and debt, rather than shrinking, it has actually exploded.

    We know all this from the 1929-33 anyway, but some will never learn..
    Jun 14, 2015. 05:08 PM | Likes Like |Link to Comment
  • Ultimatum: Greece Given 24 Hours To Comply [View article]
    ["Please its stupid to blame those loaning you money for your woes"]

    Not in this case.

    It's simply a fact that there are bankruptcy laws for people and corporations, but not for countries. It's simply a fact that when people or corporations try to save more than they earn in order to service their debt, their debt doesn't increase but if countries do the same, like Greece did the last five years, they massively increase their debt burden (despite two significant haircuts for private debt holders) simply because their GDP has shrunk, by a whopping quarter, blighting the prospects of a whole generation of people, most of whom bear no blame whatsoever.

    It's simply a fact that this foolish policy was prescribed, yes forced upon Greece by their creditors, in order to save the creditor banks and it's simply a fact that the effects of this have been a total disaster. It's simply a fact that at least the research department of the IMF, one of the creditors, now actually acknowledges this, and the reality that Greece can never repay that debt as there is no way that Greece can reflate their economy enough to make that anywhere near feasible, at least within the euro. And should they leave the euro, that debt burden becomes much bigger in an instant, and is even less likely to be paid back in full.
    Jun 14, 2015. 01:50 AM | 2 Likes Like |Link to Comment
  • Is Phoenix New Media Finally Ready To Rumble? [View article]
    Thanks. I'm not aware of any such plans, to be honest.
    Jun 11, 2015. 02:18 PM | Likes Like |Link to Comment
  • The Big Chinese Transformation [View article]
    Thanks Tom, my pleasure.
    Jun 9, 2015. 02:12 PM | Likes Like |Link to Comment
  • The Big Chinese Transformation [View article]
    ["From the 2000s onwards, establishing Chinese brands abroad outside Asia has been difficult; see Haier, Geely, Xiaomi, Alibaba, etc. who either failed or show very lackluster results as far as brand status, brand perception and brand attachment go."]

    Yes, but give them some slack. In the beginning, the likes of Toyota and Nissan weren't exactly known for quality products either, and as little as 15 years ago, Samsung was seen as Sony's cheaper brother.

    That doesn't mean Chinese brands will necessarily thrive, but it does show it can be done and takes time. The products are already of sufficient quality, mostly (what I read about phones for the domestic market, etc.), but establishing brand equity abroad takes time..
    Jun 9, 2015. 02:12 PM | 1 Like Like |Link to Comment
  • The Big Chinese Transformation [View article]
    Thanks Cole, and there is a big valuation difference between A and H-shares generally.
    Jun 9, 2015. 08:58 AM | Likes Like |Link to Comment
  • The Big Chinese Transformation [View article]
    Actually, not really. It's more an economic article with some info about how to invest there as that is somewhat confusing for the non-initiated.
    Jun 9, 2015. 08:57 AM | 1 Like Like |Link to Comment
  • Buyback Nation [View article]
    I think we are in agreement here, Asbytec
    Jun 5, 2015. 09:54 AM | 1 Like Like |Link to Comment
  • Buyback Nation [View article]
    Yes, fair enough, QE probably has some negatives. There is a fair amount of academic studies that have looked into the effects of QE on the economy and the general conclusion is that the effects are small but positive. I never argued it is a miracle instrument, in fact, I'm on record it wouldn't be my preferred instrument:
    http://seekingalpha.co...
    Jun 4, 2015. 07:01 PM | Likes Like |Link to Comment
  • Buyback Nation [View article]
    Yes, I also think the fault lines lie more in corporate governance, as it happen:
    http://seekingalpha.co...
    Jun 4, 2015. 06:58 PM | Likes Like |Link to Comment
  • Buyback Nation [View article]
    ["The core problem is a crisis of profitability."]

    Hello David. With respect, profits are at record highs..
    Jun 4, 2015. 06:53 PM | 4 Likes Like |Link to Comment
  • Buyback Nation [View article]
    ["I wish the Austrians would finally cotton on to this idea, they and their talk of malinvestment. Why, with interest rates this low, we should be drowning in malinvestment. Where is malinvestment when you need it."]

    You hit on something here, and I couldn't agree more. Supposedly all the malinvestment is now in whatever they designate as a bubble: shale, student loans, buybacks, stocks, bonds, etc..

    But why blame the Fed when companies decide to invest in financial, rather than real stuff (which is actually one of the main questions of the article above)?
    Jun 4, 2015. 04:48 PM | 2 Likes Like |Link to Comment
  • Buyback Nation [View article]
    ["I thought the IMF only provided advice to small, under-developed countries?"]

    Why plaster an economic article with comments (15 out of 22 so far!) if you have limited understanding of the subject?
    Jun 4, 2015. 03:41 PM | 7 Likes Like |Link to Comment
  • Buyback Nation [View article]
    ["However, it is far from clear that this is always the case. It is well documented that despite low interest rates, the growth during this recovery has been worse that just about any other recovery."]

    First, I said bond yields matter more, I didn't say Fed fund rates are irrelevant..

    Second, the low growth, could that have been because interest rates couldn't be lowered due to the zero lower bound? (Hence unconventional monetary policy)?

    Do we know what would have happened in their absence?
    Jun 4, 2015. 03:18 PM | 1 Like Like |Link to Comment
  • Buyback Nation [View article]
    You might have missed that the IMF (the IMF!) has urged the Fed to postpone rate hikes to 2016 this morning..
    http://cnb.cx/1dPPmr3
    Jun 4, 2015. 03:15 PM | 1 Like Like |Link to Comment
COMMENTS STATS
3,412 Comments
4,858 Likes