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Posts posted by GregFokker

  1. Some folks on the interwebs are circulating a Forbes link to an old story (like years) about Chine local govt financing vehicles (LGFV)s being a way bigger problem than Evergrande.  Every few years the amount goes up by some equally uncountable number.  When I first sawr it a week ago, I searched and found the same story going back at least 7 or 8 years, always quantified in the trillions of dollars.

    So, in short, c'est du n'importe quoi.

  2. Beardrech, your absence has been noted and mourned, and your reappearance is welcome and celebrated. The Poet Stooleate returns. Indeed, the greatest blow to our collective FURce of good and rational is not the losses many of us have sustained, but rather the multipronged attack on our confidence at best, and our sanity at worst. And, you are, as ever, entirely correct. Al Green and his bully boyz and ruffians and thugs are little more than that, and their bark packs only the bite we inflict upon ourselves. For the ocean is ineffable, its force unknowable, its vastness unfathomable. Al Green's little waves are drops within it.

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