Sunday, November 23, 2008 12:53:25 PM
Bman, I am not short CYRX , and I am not trying to be confrontational, a hard ass, or pretentious. I think people misinterpret my intent, through no fault of theirs, because of the shortcomings of this medium...no emotional cues, no vocal inflections, misinterpretation of context. I am not attempting to be a provocateur, in the strictest sense, but I think its invaluable to have opposing opinions presented, for obvious reasons.
I am glad you brought up Friedman... if you think I'm picky and verbose, all you have to do is pick up "The World is Flat." Globalization, however is intrinsic to my thesis. It has leveled the playing field for everyone, but it has also inextricably linked every country together economically.Economists had talked about the global economy having the ability to "decouple" from the United States if we quickly erode into a recession. However, as we can clearly see, the world cannot cope with its largest debtor nation teetering on the verge of bankruptcy and currency failure. This a global recession, global credit contraction, that has the very real potential to develop into a global depression, and no country and no company is immune( including WFWL).
I am glad you brought up Friedman... if you think I'm picky and verbose, all you have to do is pick up "The World is Flat." Globalization, however is intrinsic to my thesis. It has leveled the playing field for everyone, but it has also inextricably linked every country together economically.Economists had talked about the global economy having the ability to "decouple" from the United States if we quickly erode into a recession. However, as we can clearly see, the world cannot cope with its largest debtor nation teetering on the verge of bankruptcy and currency failure. This a global recession, global credit contraction, that has the very real potential to develop into a global depression, and no country and no company is immune( including WFWL).
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