Thursday, June 16, 2011

Lunch with the CIA (chew slowly)

The mad hedge fund trader had lunch with Leon Panetta and shares the results.

Interesting:
The long term outlook for supplies of food, natural resources, and energy is becoming so severe that the CIA is now viewing it as a national security threat. Some one third of emerging market urban populations are poor, or about 1.5 billion souls, and when they get hungry, angry, and politically or religiously inspired, Americans have to worry.
This sounds like a recipe for endless nationbuilding.