It doesn't matter !

Thursday, May 04, 2017 Francisco Carneiro 0 Comments

Communism doesn't work because people like to own stuff.
Frank Zappa

Never explain - your friends do not need it and your enemies will not believe you anyway.
Elbert Hubbard

ALITALIA BRACED FOR BANKRUPTCY THREE YEARS AFTER ETIHAD FLEW TO ITS RESCUE
From the FT

For all the sound and Fury, the president is governing like a traditional Republican
Martin Wolf, FT

Canada and Australia led a relatively charmed life through the great financial crisis of 2007-8, with their banking systems proving more robust than most. Yet it is possible that they may have a delayed reaction thanks to overheated property markets in some of their biggest cities.
John Plender FT


PS My big thesis as become It doesn’t matter! It doesn’t matter if Trump is elected, he can’t change a lot, it doesn’t matter Brexit etc…. why because people have their lives freed a bit by the internet. The inefficient players go bankrupt the bubbles pop,  prices of everything come down, people live longer with better quality, violence is going down for 200 years etc… It doesn’t matter as long as commerce and trade are kind of free.

I don't see inflation and interest rates going up. 


PS 2 Difficult to make money doing stuff! 


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