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China Faces "Minsky Moment" on Ponzi Financing

MishTalk

China’s private sector debt has increased from 115% of GDP in 2007 to 193% at the end of 2013. reached in 2007. Visit [link] to learn more about wealth management and capital preservation strategies of Sitka Pacific.' That 80% increase over five years compares to the U.S.’s s 26% in 2000-2005. trillion GDP.

Finance 75
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Consultant Ninja: When "hedging" is just speculation: Management.

Consultant Ninja

Uniteds fuel hedging strategy has all the marks of some smooth-talking consultants or bankers. In both 2008 and 2007, an increase in jet fuel prices was the primary reason for higher mainline and United Express fuel expense and aircraft fuel cost per gallon, as highlighted in the table below. "The I am a strategy consultant at.

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BIS Slams the Fed; Ridiculous Question of the Day: "Is The Fed Going To Attempt A Controlled Collapse?"

MishTalk

This has been labelled the “second phase of global liquidity”, to differentiate it from the pre-crisis phase, which was largely centred on banks expanding their cross-border operations. This share was higher than during the pre-crisis period from 2005 to mid-2007. Never had they seen the system in better shape than in 2007!

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5 Ways the Best Companies Close the Strategy-Execution Gap

Harvard Business

Executives say that they lose 40% of their strategy’s potential value to breakdowns in execution. In our experience at Bain & Company, however, this strategy-to-performance gap is rarely the result of shortcomings in implementation; it is because the plans are flawed from the start. Value flexibility.

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Shockingly Bad Fiscal Health of Chicago (and the Financial Engineering Chicago Uses to Hide that Fact)

MishTalk

The Corporate Fund is Chicago’s general operating fund. Chicago’s property tax revenues do not go into its general operating fund. Although most governments are required to balance their budgets on a cash flow basis each fiscal year, a structural budget gap can arise when recurring expenditures are greater than recurring revenues.

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Every Fast-Growing Company Has to Combat Overload

Harvard Business

But by the 1990s it had run aground: It hadn’t properly developed systems to implement its growth strategy internally, and so that strategy broke down at dozens of points of execution on the front line—with customers, crew, staff on the shore and the company’s travel agent partners. Chaos ensued.

Company 34
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Hussman's Open Letter to the Fed; The Problem with Bubbles; Textbook Pre-Crash Bubble; Reflections on Not Chasing Bubbles; Integrity vs. Respect

MishTalk

At this horizon, even “buy-and-hold” strategies in stocks are inappropriate except for a small fraction of assets. Only after the fact does the reputation of risk-managed strategies surge from “chump” to “champ.” 1 Flow of Funds data. Then again, more work is required to demonstrate that such an approach would be misleading.