Increasingly, the Chinese will own a lot more of the world because they will be converting their dollar reserves and U.S. government bonds into real assets.

Most of the poverty and misery in the world is due to bad government, lack of democracy, weak states, internal strife, and so on.

I think the (Brazilian) government has done most of the things it promised to do on the fiscal front, ... However, it has mismanaged the process so badly that the currency overshot.

The main obstacle to further progress on the resource curse is China, and to a lesser extent India.

No one branch of the U.S. government should have supremacy over the other two.

The positive aspect of my negative view is essentially that you shouldn't own cash and government bonds, but you should be in assets like real estate or equities or precious metals or in commodities.