Emerging Markets: India

India Is Going Deeper And Deeper Into Debt

As far as I'm concerned it's another case where it's India is going deeper and deeper into debt.

I know politicians try to buy as many votes as they can and mr. Moody's doing a very good job of preparing for the next election. 

I don't consider it good for India, I don't consider it good for the world and it certainly doesn't make India more attractive to me and perhaps not to other investors either.

Farming In India Has Many Problems

There are structural problems, they have all these rules and laws and regulations supposedly to protect the farmers. 

They make farming worse, it's more difficult to be a farmer in India than many other countries. 

If they would get rid of the regulations, get rid of the requirements maybe Indian farmers would be more prosperous. Giving them a handout is not going to improve Indian farming.

Principles (Ray Dalio)

Interesting principles from Ray Dalio:

"Two people who collaborate well will be about three times as effective as each of them operating independently." : Principle Of The Day (4.5A & 4.5B)

And also why smaller groups seeking answers will perform better than larger groups: Principle Of The Day (4.5A & 4.5B)

Farming In India Has Many Problems

Farming in India has many problems. There are structural problems, they have all these rules and laws and regulations supposedly to protect the farmers. They make farming worse, it's more difficult to be a farmer in India than many other countries.

If they would get rid of the regulations, get rid of the requirements maybe Indian farmers would be more prosperous. Giving them a handout is not going to improve Indian farming.

Interesting reading:

The Best Way To Use Gold

Charlie Munger: The Merits Of Long-Term Investing

Steenbarger: Two Self-Destructive Behaviors

India: This Budget Does Not Make India More Attractive To Investors

As far as I'm concerned it's another case where it's India is going deeper and deeper into debt.

I know politicians try to buy as many votes as they can and mr. Moody's doing a very good job of preparing for the next election. 

I don't consider it good for India, I don't consider it good for the world and it certainly doesn't make India more attractive to me and perhaps not to other investors either.

Federal Reserve: An U-Turn On Monetary Policy

Peter Schiff gives a fantastic explanation of the current state of the stock market and how the Federal Reserve has made an 180 degree on monetary policy when the stock markets crashed in the forth quarter of 2018. 

You can watch the video here: Federal Reserve: Capitulation is the Beginning of the End

Trade War: Trump Thinks He Is Smarter Than History

This is madness. Trade wars have never been good for anybody. Nobody has ever won a trade war. Unfortunately, Donald Trump does not know history or if he knows history, he thinks he is smarter than history. He thinks, "I can win a trade war!". He does not know what he is doing, you should be worried. If you are not worried, read some more and you will get worried!

Higher Inflation Will Translate Into Higher Interest Rates

In periods of slow inflation people don't notice it so much. But when inflation starts rising rapidly then people notice it and they take action with their investments and other things as well. But certainly when inflation is here and coming back and getting stronger, interest interest rates are going to go higher because people have to be paid more on their money when inflation is here because the money's losing value every day. People want to compensate for that with higher interest rates.