I started this Blog, as an experience of filtering news from the Web from traditional news
companies online.
I've started to go to the Reports of Institutions, like the IMF, the World Bank the OECD, and official reports from some countries. Since the beginning I searched for economic debates, about new explanations
or reinterpretations of theoretical approaches of the solutions for the Depression of the 1930's by
economists like John Maynard Keynes, Milton Friedman,and Hayek , e.g like Adair Turner,who is
one of the living economists, among others of the theorethical authors of the present accomadative monetary policies for economies in special circumstances.
I will also bring to this blog debates of the relationship between debt and growth for countries
or of urbanization as a means to fight poverty in developing countries,or
the new approach to the net Financial Assets of countries done by Helen Rey.
So things have changed from what I initially thought, and I'am very glad that things have changed for
the better. Yes, I follow the international markets and the global macroeconomics developments,we
are in a very interdependent world. But I'am not a momentum market player,nor a program trader
even less a day trader. As Jim Rogers says I'am not smart enough, maybe you can find in CNBC,
Bloomberg,CNN,etc the answers for the price movements of shares in a particular day an hour or a week. And maybe you like to be in front of your computer all day long, and listening to a Bloomberg
or CNBC show, and follow the market by the minute, and expecting Breaking news.
As you will realise afterwards, my country has had all kind of experiences, in terms of testing all kind
of economic models,and political regimes,hyperinflation plus two terrorist groups the Sendero Luminoso The Shining Path and the MRTA(Movimiento Revolucionario Tupac Amaru). Who generated
a bloodshed between 1980 and 1992, and traumatized our country. We had them all!!!!
I do know when stocks are cheap,imagine I live in small country with an open economy, where the
mining industry is very important, now even more, +60% of our exports are metals. And the mining
industry has always been and will be a cyclical industry. We are in a particular long term trend of
strong prices because of the Urbanization of China. But if China has a hard landing, it is very clear for me that precious metals will go lower,and the prices of copper, lead and Zinc also.
Peru has experienced all kind of economic models,free market, Cepal infant protected industry model, from 1968-75 there was a military coup d'etat lead by Juan Velasco Alvarado and a leftist,nationalist, and extremely protectionist Goverment ensued.
companies online.
I've started to go to the Reports of Institutions, like the IMF, the World Bank the OECD, and official reports from some countries. Since the beginning I searched for economic debates, about new explanations
or reinterpretations of theoretical approaches of the solutions for the Depression of the 1930's by
economists like John Maynard Keynes, Milton Friedman,and Hayek , e.g like Adair Turner,who is
one of the living economists, among others of the theorethical authors of the present accomadative monetary policies for economies in special circumstances.
I will also bring to this blog debates of the relationship between debt and growth for countries
or of urbanization as a means to fight poverty in developing countries,or
the new approach to the net Financial Assets of countries done by Helen Rey.
So things have changed from what I initially thought, and I'am very glad that things have changed for
the better. Yes, I follow the international markets and the global macroeconomics developments,we
are in a very interdependent world. But I'am not a momentum market player,nor a program trader
even less a day trader. As Jim Rogers says I'am not smart enough, maybe you can find in CNBC,
Bloomberg,CNN,etc the answers for the price movements of shares in a particular day an hour or a week. And maybe you like to be in front of your computer all day long, and listening to a Bloomberg
or CNBC show, and follow the market by the minute, and expecting Breaking news.
As you will realise afterwards, my country has had all kind of experiences, in terms of testing all kind
of economic models,and political regimes,hyperinflation plus two terrorist groups the Sendero Luminoso The Shining Path and the MRTA(Movimiento Revolucionario Tupac Amaru). Who generated
a bloodshed between 1980 and 1992, and traumatized our country. We had them all!!!!
I do know when stocks are cheap,imagine I live in small country with an open economy, where the
mining industry is very important, now even more, +60% of our exports are metals. And the mining
industry has always been and will be a cyclical industry. We are in a particular long term trend of
strong prices because of the Urbanization of China. But if China has a hard landing, it is very clear for me that precious metals will go lower,and the prices of copper, lead and Zinc also.
Peru has experienced all kind of economic models,free market, Cepal infant protected industry model, from 1968-75 there was a military coup d'etat lead by Juan Velasco Alvarado and a leftist,nationalist, and extremely protectionist Goverment ensued.
