Jan 31 2008
Talk of Another Dollar “Death Lunge” on Bloomberg
Philip Manduca, who co-manages $2 billion as head of investments at ECU Group Plc, says “another death lunge still to come.” His arguments are close enough to give them a listen, especially on the Fed’s additional .50% rate cut and the consequent risks of inflation, currency weakness, and, generally speaking, the impending payback for years of free lunch Ponzi finance.
Give his interview with John Dawson of Bloomberg a watch here.
