Courtesy of Mish.
Steen Jakobsen, SAXO Bank CIO and chief economist emails
“Dear All, Sorry for late posting, but just returned from Russia. I think he will better than Liberals think, but much worse than Wall Steet’s hope for. Nice weekend to you all,
Steen”
In his email he comments on CNN, productivity, technology, the soulless machine, and “one of the most beautiful documents ever written, the US constitution.”
He also thinks a recession is baked in the cake.
Following is a guest post by Steen Jakobsen.
Steen’s Chronicle: Escaping the Soulless Machine
- Donald Trump did not truly win the US election… Clinton lost it
- Trump policies not the answer, but drastic change was needed
- Only access to learning and thus technology spurs growth
- Change does not come when it is sought, only when it is needed
- For more on the US election and its aftermath, click here.
The defeat of Hillary Clinton represented more of a call for authentic change than any great vote of confidence in Donald Trump’s policy plans. Photo: iStock
Due to what can only be termed a scheduling error, I found myself watching the outcome of the US election from the Radisson Ukraine hotel in central Moscow – one of my favourite spots in the Russian capital.
