The Lords of Finance or It's a Sign!?
Why do I have an image of René Bento, the Austrian property billionaire?
Austrian, not Australian...and probably no longer a billionaire.
Well...
I did a lot of reading yesterday. 14 hours of travel from St Barts to San Diego via San Juan and Dallas
I'm thinking a lot of the 1929 crash. It captivates me, the parallels of then and now. The vicious unwind when collateral is mismanaged and kept short for large swathes of the int…