The author is your typical clueless American investor. The emerging world is fluffed off as "meaningless" and in a "bubble".
However, being a deflationist, the author somehow completely missesg the biggest bubble in financial market history - the US Treasury market.
And I repeat this to all deflationsists - where is the deflation? The only things going down, like US real estate and US stocks, are simply reverting to the mean from the bubble-like valuations they achieved from a 20 year+ bull market.
The Crude Oil Collapse Is Coming [View article]
However, being a deflationist, the author somehow completely missesg the biggest bubble in financial market history - the US Treasury market.
And I repeat this to all deflationsists - where is the deflation? The only things going down, like US real estate and US stocks, are simply reverting to the mean from the bubble-like valuations they achieved from a 20 year+ bull market.