
Close-up of Stopwatch on Us Coin — Image by © Sung-Il Kim/Corbis
by John E. Charalambakis Ph.D., Chief Economist 
By Thursday last week we felt that given the markets drop by 5% this year, it was time to put some money to work by investing into companies with strong fundamentals and which seemed to be at a good entry point. We still believe that this will turn out to be a decent year for equities. However, we have not abandoned the view that unless we experience significant reforms in global debt, derivatives, collateralization, and fiat money issues, the world economy may be facing within two-three years an unavoidable void that will be the mother of credit resets for decades to come.
continue reading …
The views expressed on austriancenter.com are not necessarily those of the Austrian Economics Center.
We are glad you do! Please consider donating if you want to read more articles like this one.
Comment
|
February 10th, 2014
Unrelenting Historical Echoes and Markets’ Behavior: Facing an Unavoidable Void?
by John E. Charalambakis Ph.D., Chief Economist By Thursday last […]
Close-up of Stopwatch on Us Coin — Image by © Sung-Il Kim/Corbis
by John E. Charalambakis Ph.D., Chief Economist
By Thursday last week we felt that given the markets drop by 5% this year, it was time to put some money to work by investing into companies with strong fundamentals and which seemed to be at a good entry point. We still believe that this will turn out to be a decent year for equities. However, we have not abandoned the view that unless we experience significant reforms in global debt, derivatives, collateralization, and fiat money issues, the world economy may be facing within two-three years an unavoidable void that will be the mother of credit resets for decades to come.
continue reading …
Author
View all posts
The views expressed on austriancenter.com are not necessarily those of the Austrian Economics Center.
Do you like the article?
We are glad you do! Please consider donating if you want to read more articles like this one.
Related
Comment
A Talk with Niall Ferguson
March 14th, 2013
Comment
Modi Unlikely to Overhaul India’s State-Owned Giants
August 11th, 2017
Comment
"Die individuelle Freiheit im politischen Spannungsfeld zwischen Liberalismus, Utilitarismus und Moralismus.“
December 16th, 2013
Comment
Ireland’s Next Prime Minister Isn’t a Friend of Liberty
July 5th, 2017
Comment
Announcement: 31/08 Peter Boettke Online Interview
August 14th, 2021