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Re: Jeremy Grantham: "I, For One, Wish That The World Would Get On With Whatever Is Coming Next" 

By: Decomposed in ROUND | Recommend this post (2)
Wed, 01 Aug 12 9:41 PM | 52 view(s)
Boardmark this board | De's Test Board 		Msg. 43024 of 45651
(This msg. is a reply to 43006 by capt_nemo)
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re: "I, For One, Wish That The World Would Get On With Whatever Is Coming Next"

I've said the same thing.

But, in my saner moments, I realize that it's a pretty stupid statement given that "whatever is coming next" may be far worse than any of us expect. Grantham probably views himself as well prepared against just about anything. But would he be as glib if "whatever comes next" means that a few of his family members will die from it?

I understand his frustration and impatience. But he and I both need to realize that an abrupt collapse will undoubtedly be a nightmare. It is NOT to be "wished" for.

That said, I *do* wish we would hurry up and start recovering. It's just too bad that the collapse I dread must occur first.




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Jeremy Grantham: "I, For One, Wish That The World Would Get On With Whatever Is Coming Next"
By: capt_nemo in ROUND
Wed, 01 Aug 12 8:17 AM 		Msg. 43006 of 45651

Submitted by Tyler Durden on 07/31/2012 - 19:35 China default Greece Jeremy Grantham

"The economic environment seems to be stuck in a rather unpleasant perpetual loop. Greece is always about to default; the latest bailout is always about to save the day and yet never seems to; China is always about to collapse but instead teases us by inching down; and I swear the Financial Times is beginning to recycle its reports! In the U.S., the fiscal cliff looms along with debt limits and the usual election uncertainties. The dysfunctional U.S. Congress continues for the time being in its intractable ways. The stock market rises and falls and rises and falls again. It is getting difficult to find anything new to say at client meetings. I, for one, wish that the world would get on with whatever is coming next."

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http://www.zerohedge.com/news/jeremy-grantham-i-one-wish-world-would-get-whatever-coming-next

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