Comments on: Summit Series Speech: The Pessimistic Optimist http://www.fabricegrinda.com/political-economy/summit-series-speech-the-pessimistic-optimist/ Thu, 09 Feb 2012 20:59:42 +0000 hourly 1 http://wordpress.org/?v=3.3 By: Freemon Sandlewould http://www.fabricegrinda.com/political-economy/summit-series-speech-the-pessimistic-optimist/comment-page-1/#comment-8835 Freemon Sandlewould Thu, 24 Jun 2010 05:45:20 +0000 http://www.fabricegrinda.com/?p=1047#comment-8835 We're in an economic depression. I hope it does not end by the same method as last time. Meaning world war 2. We’re in an economic depression. I hope it does not end by the same method as last time. Meaning world war 2.

]]> By: Lea Kalyaeva http://www.fabricegrinda.com/political-economy/summit-series-speech-the-pessimistic-optimist/comment-page-1/#comment-9338 Lea Kalyaeva Fri, 21 May 2010 17:48:00 +0000 http://www.fabricegrinda.com/?p=1047#comment-9338 It's still better to be a Pessimistic Optimist then Optimistic Pessimist..we always keep hope about The Happy End.. A defeat is a basis of success.. It's still better to be a Pessimistic Optimist then Optimistic Pessimist..we always keep hope about The Happy End.. A defeat is a basis of success..

]]> By: Frank Martin http://www.fabricegrinda.com/political-economy/summit-series-speech-the-pessimistic-optimist/comment-page-1/#comment-9337 Frank Martin Thu, 20 May 2010 22:14:00 +0000 http://www.fabricegrinda.com/?p=1047#comment-9337 hey...what about argentina? Dont forget our transparency, organization and fraternity :p hey…what about argentina? Dont forget our transparency, organization and fraternity :p

]]> By: Fabrice Grinda http://www.fabricegrinda.com/political-economy/summit-series-speech-the-pessimistic-optimist/comment-page-1/#comment-9336 Fabrice Grinda Thu, 20 May 2010 18:41:00 +0000 http://www.fabricegrinda.com/?p=1047#comment-9336 I was thinking about it :) Canada and Costa Rica seem like good options too :) I was thinking about it :) Canada and Costa Rica seem like good options too :)

]]> By: Nicolas Mialaret http://www.fabricegrinda.com/political-economy/summit-series-speech-the-pessimistic-optimist/comment-page-1/#comment-9335 Nicolas Mialaret Thu, 20 May 2010 18:39:00 +0000 http://www.fabricegrinda.com/?p=1047#comment-9335 Fabrics, the optimist in you should relocate to Sydney. It's fascinating what great weather, natural resources and fiscal conservatism will do for your morale and outlook on things :-) Fabrics, the optimist in you should relocate to Sydney. It's fascinating what great weather, natural resources and fiscal conservatism will do for your morale and outlook on things :-)

]]> By: Ranjit Mathoda http://www.fabricegrinda.com/political-economy/summit-series-speech-the-pessimistic-optimist/comment-page-1/#comment-9334 Ranjit Mathoda Thu, 20 May 2010 17:25:00 +0000 http://www.fabricegrinda.com/?p=1047#comment-9334 great post. leveraging up government obligations either leads to increased risk of currency default (greece) or currency devaluation through inflation (usa?). the good news is that while economic crises can temporarily misallocate resources and create disconnects between human needs and human effort, humanity's technology keeps improving, so living standards almost inevitably will increase in the medium to long term great post. leveraging up government obligations either leads to increased risk of currency default (greece) or currency devaluation through inflation (usa?). the good news is that while economic crises can temporarily misallocate resources and create disconnects between human needs and human effort, humanity's technology keeps improving, so living standards almost inevitably will increase in the medium to long term

]]> By: Lance http://www.fabricegrinda.com/political-economy/summit-series-speech-the-pessimistic-optimist/comment-page-1/#comment-8553 Lance Wed, 19 May 2010 11:03:29 +0000 http://www.fabricegrinda.com/?p=1047#comment-8553 Great post. I'm a believer in the W shaped recovery for the US. There are many more problems on the looming on the horizon. Debt definitely is a huge one. How long can China hold our government bonds? Great post. I’m a believer in the W shaped recovery for the US. There are many more problems on the looming on the horizon. Debt definitely is a huge one. How long can China hold our government bonds?

]]> By: Nicolas http://www.fabricegrinda.com/political-economy/summit-series-speech-the-pessimistic-optimist/comment-page-1/#comment-8546 Nicolas Mon, 17 May 2010 22:55:21 +0000 http://www.fabricegrinda.com/?p=1047#comment-8546 Hi Fabrice, very interesting. I am even more pessimistic than you are. If decades of extremely high leverage (both public and private)only allowed maybe 20/25% of total world population to prosper and have a decent life, then what can we expect for the coming years, assuming a deleverage cycle will come one way or the other?. I suspect a transition to a whole new economic and political system -or at least a profound evolution of what we have now in place- is ahead of us in the not so distant future. Problem is that transition won't be peaceful and smooth I guess. Greetings. ps/ Are there records of the financial crisis of the last 2000 years? Hi Fabrice, very interesting. I am even more pessimistic than you are. If decades of extremely high leverage (both public and private)only allowed maybe 20/25% of total world population to prosper and have a decent life, then what can we expect for the coming years, assuming a deleverage cycle will come one way or the other?. I suspect a transition to a whole new economic and political system -or at least a profound evolution of what we have now in place- is ahead of us in the not so distant future. Problem is that transition won’t be peaceful and smooth I guess. Greetings.

ps/ Are there records of the financial crisis of the last 2000 years?

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