Famed short-seller James Chanos, president of Kynikos Associates, shares his market insight.
Airtime: Thurs. Feb. 4 2010 | 7:05 AM ET
Part 2
Airtime: Thurs. Feb. 4 2010 | 7:35 AM ET
Part 3
Airtime: Thurs. Feb. 4 2010 | 8:20 AM ET
Part 4
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data, ability to repeat discredited memes, and lack of respect for scientific knowledge. Also, be sure to create straw men and argue against things I have neither said nor even implied. Any irrelevancies you can mention will also be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.
Q: Why do Economists provide estimates of inflation to the nearest tenth of a percent? A: To prove they have a sense of humour.
"The Greek offer is not sufficient and they have to go away to come up with a revised plan," said a spokesman for the German Finance Ministry. The Greeks must first have a plan that satisfies the Germans which this comment states they clearly don't yet and then the Greek Parliament will vote on it this weekend. This said, whatever package gets voted on in Greece is basically an up or down vote on euro membership so we are entering another uncertain weekend for global markets. A failed vote will likely lead to a hard default which may be what...
read more »
Tweet
Facebook
Reddit
Digg this!
February 4th, 2010 at 10:21 am
check out the acknowledgement at the final few seconds of this clip where they acknowledge “we are blatent cheerleaders for wall street.”
February 4th, 2010 at 10:31 am
[...] Be sure to check out Jim Chanos in the Video page [...]
February 4th, 2010 at 1:27 pm
Why do these talking pinheads have to constantly interrupt this guy? They rarely let him finish expressing his thought process when answering their questions???
February 4th, 2010 at 3:35 pm
It’s amazing. Whenever anyone mentions regulations, the cnbc guys immediately jump on it, saying that government will always screw up when meddling in the economy. Yet these boneheads display not the slightest bit of skepticism to the idea that the Chinese government can expertly guide this immense economy through an unprecedented expansion.
February 4th, 2010 at 8:01 pm
The bit at the end, not so subtly making fun of the way he looks was disgusting! Whoever is responsible for that needs to join the ranks of the unemployed dated this a.m.
SS
February 4th, 2010 at 10:32 pm
SS,
That is a tell that an ideological hack is producing Squak Box (another Roger Ailes wannabe). Unfortunately US business news seems to be polluted with such characters. It’s funny how a billionaire liberal scrambles their instincts. They want to worship because he is rich so he must be a good guy, but he votes Democrat so he must be bad. It’s like watching a Dog deal with two bones. Warren Buffet produces a similar effect.
Chanos’ point about China is strong. But I really do hope it does not come to pass. If it does pop I worry about a collapse in world demand. It could be very unsettling.
February 5th, 2010 at 4:55 am
[...] [Hat tip: The Big Picture] [...]