Nice job by our friends over at Hard Assets Investor with a great interview of Marc Chandler, who is head of currency strategy at Brown Brothers Harriman.
About 8-minutes in running time, and I’d say definitely worth a watch. Chandler has some interesting (dare I say – contrarian?) views on:
- Trade deficits – they don’t really matter any more
- Prosperity in the US is actually increasing, despite what mainstream reports say
- Socialism vs. Capitalism – the US and Europe are more closely aligned than commonly believed, even before the crisis
I just added Chandler’s book to my reading list – will do a review afterwards in this space.