Charlie Rose, March 12 2013: Jeremy Grantham, co-founder and Chief Investment Strategist of Grantham Mayo Van Otterloo (GMO), discusses investing in a low-growth world and the outlook for the US economy.

Category: Credit, Taxes and Policy, Video

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4 Responses to “Jeremy Grantham on Our Debt Solution (Charlie Rose)”

  1. RW says:

    Rose imagines he is an intellectual and a player which means he usually talks too much and too ready to fit discussion into preconceived notions (he’s a Very Serious Person after all) but in this interview he was mainly only the latter so Grantham had a chance to address his points and reveal some of his thinking.

    Bottom line per Grantham, through little fault of our own, humans have a better chance than the hundreds of failed large-scale civilizations before us but it is only that; a chance.

  2. Willy2 says:

    I consider him to be still too optimistic.

  3. digistar says:

    Very refreshing to hear/see someone who talks sense about the disconnect between finance/business/government and the rest of the real world – and the harm that finance/business/government is bringing to us and our fellow inhabitants of the Earth.

  4. jimcos42 says:

    Thank you for posting the interview. I’ve followed Grantham for a long time and am grateful that his thinking and the others at GMO is made available to us muppets.

    That said, I think he too heavily discounts the possibility of the random, fortuitous appearance of white swans; of serendipity; and of human’s ability to adapt. That’s the purpose of secular bear markets– to tease out the unexpected, the non-linear, even perhaps the non-rational that can make a huge difference 20-30 years out. Color me optimistic, hopeful. Things are as never as bad as they seem or as good as they seem.

    But of course, it’s a tough sell to shape investment build policy and build a consulting business around ambiguity, serendipity and confidence in muddling through. As Jack Bogle might say, “Press on, regardless.”