Since 2007, the global economy has been in a near permanent sate of semi-crisis. Forget about Jamie Dimon’s quip to his daughter that a crisis is something that occurs every five years. Start thinking of the global economy as being in a permanent state of crisis. I have some thoughts on what this means for the economy and for investors and why I am couching the situation from this vantage point.
I am not sure how this post is going to turn out because I don’t have a grandiose vision of doom and gloom to peddle of what you should do to protect your wealth as the financial system crumbles. The title of this post is coming out of that kind of thinking. Rather, I was musing over the past several years and thought that 2014 could actually be a decent year because, for the first time, really, s...
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Edward Harrison is the founder of Credit Writedowns and a former career diplomat, investment banker and technology executive with over twenty five years of business experience. He has also been a regular economic and financial commentator in print and on television for the past decade. He speaks six languages and reads another five, skills he uses to provide a more global perspective. Edward holds an MBA in Finance from Columbia University and a BA in Economics from Dartmouth College.