Faber wrote in his Monthly Market Commentary for October, under the title : THE THREAT TO ACADEMIC FREEDOM AND TO THE RIGHT TO FREEDOM OF OPINION IS A MENACE TO LIBERTY,
Ferguson explained that:
“In every case, the pattern is the same. An academic deemed to be conservative gets ‘called out.’
The Twitter mob piles on.
Mindless mainstream media outlets amplify the story.
The relevant authorities capitulate” and get rid of the academic…
A month rarely passes without some conservative academic being taken down.”
The French philosopher and best-selling author, Alain Finkielkraut who is a member of the Academie Francaise, recently said that, far-left protests against him mean he “can no longer show my face” on the street.
The “threat to academic freedom” is at the same time an assault on “freedom of speech” and “expression,” and therefore, should concern all of us.
Under Trouble in the US financial Wonderland we discuss the funding chaos in the repo market.
Should a widespread liquidity crunch follow – “good bye asset inflation” and welcome “widespread asset deflation” as well as QE4.
September 24, 2019, was most likely the beginning of the end of the Unicorn bubble as well as for the trend to allocate pension assets to private equity managers. There may be some liquidity problems at some private equity firms.