"...Out-of-touch - or downright callous - economists like Kaminska - she's hardly alone -
are lost in models and assumptions that have little if any connection to the real world of real people..."
Umm...that may be the wrong snippet. Unless there is a coup d'état in progress.
Here, read this while I find out where that's from.
GMO, the Boston-based asset manager, has a storied reputation for equity research and commentary. Names like James Montier, Ben Inker and co-founder Jeremy Grantham are well-known for both their bearish takes and eloquent prose. A heady mix for a media often starved of decent quotes.....
....MUCH MORE
Ah ha! That was a reader comment on one of Izzy's 2013 posts which garnered our headline:
Help, I May Be Having A Stroke
So carry on, no uprising among the ink pixel stained wretches.
But if patient reader is interested, we too have thought about Mr. Grantham over the years:
"Bubbles, bubbles everywhere: Jeremy Grantham on the bust ahead"
