A year ago, Mr. Robertson said: I prefer to run scared through here. I think that if the Chinese stop buying our debt, it is virtually the end of the financial world as we know it. The conventional thinking is that they will continue buying. But I don‟t think it’s logical to assume somebody will [...]
Image via Wikipedia Julian Robertson, legendary investor, expressed what I believe to be the critical immediate problem facing the US (and the rest of the world). With my emphasis added, he said the following: I prefer to run scared through here. I think that if the Chinese stop buying our debt, it is virtually the [...]
Here is a must-listen by Julian Robertson, a legend on Wall Street and a knowledgeable investor. The interview is quite straight-forward and frank and provides a good overview of the important forces in play. Not crazy about his global warming views.