We all know that a large wave of Baby Boomers in the US are approaching retirement. But what about the rest of the world? And what happens when those retirees need to spend out of savings? There is more than just a credit crisis and a government deficit crisis in our future. A rising level of retirrees...
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John Mauldin's Outside the Box
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John Mauldin
on
10-05-2009
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Filed under: Credit Crisis, China, Banks, Niels Jensen, Absolute Return Partners, Europe, G20, Baby Boomers, Retirement, PIGS, Exports, Savings, Brazil, Population, BRIC
This week we look at the European bank markets through the eyes of my London partner Niels Jensen, head of Absolute Return Partners. I continue to believe that this is a brewing crisis which could have far more significant implications for the global economy than the Asian Crisis of 1998. In this week's...
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John Mauldin's Outside the Box
by
John Mauldin
on
03-02-2009
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Filed under: Credit Crisis, GDP, Global Economy, Niels Jensen, Absolute Return Partners, Germany, Europe, European Banks, European Union, Austria, Public Debt
Can the credit crisis get any worse? In this week's Outside the Box my London partner Niels Jensen shows that it indeed can. Banks, and mainly European banks, have large exposure to emerging market debt of all types through both sovereign, corporate and individual loans. Just as banks have had to...
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John Mauldin's Outside the Box
by
John Mauldin
on
11-10-2008
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Filed under: The Fed, Credit Crisis, Hedge Funds, Recession, The Dollar, Niels Jensen, Credit Default Swaps, Deleveraging, Absolute Return Partners, Yen, Europe, European Banks, Emerging Economies, Iceland
Dear Friends: Exhale for a moment, forget your losses for the time being, and try to appreciate the fact that you're living through the single most important development in global finance since Bretton Woods. This is a "tell the grandkids about it" moment, when governments all around the...
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John Mauldin's Outside the Box
by
John Mauldin
on
10-16-2008
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Filed under: Credit Crisis, George Friedman, Stratfor, Geopolitics, Recession, Globalization, Banks, Global Economy, Economy, Financial Crisis, Bank Failures, Bailout, Europe
Many of us in the US are focused on our own woes. But this is a global credit crisis. In today's Outside the Box, we take a look at the currency markets, which are in an historic upheaval and also look at what is going on in Europe. I suspect that Europe is in for a period of much distress, as the...
Posted to
John Mauldin's Outside the Box
by
John Mauldin
on
10-06-2008
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Filed under: Credit Crisis, Wolfgang Munchau, Dennis Gartman, Fortis, Currencies, Germany, GaveKal, Euro, Yen, Europe, European Banks