FAST FIVE: World's Most Bearish Hedge Fund Manager: "If It's In Zerohedge, Then Central Banks Have Already Devised A Plan To Stop It From Happening"

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The conditions for both good and bad inflation are now in place.

China and Russia – buyers.

* * * His second point – which we find notable for various reasons – is his explanation how and why central banks tend to interfere at just the right times to spoil his bearish trades: The other question I get is about autocallables and clearinghouses.

“But Russell,” I hear you say, “we have so much debt, and China has debt too, and demographics all say deflation”.

If you started getting a decent yield on bonds, would you pay 10 times sales for a loss-making tech stock.

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