I haven’t been updating The G Manifesto too much lately as I arrived in a new city and have been in “Pipe-Building Mode”. Real successful.
And now, I am just enjoying the fruits of my labor. Girls are exiting out the back door of my building and right after, girls are entering the front door. Pretty sick. Girls flights leaving at 11am and lunch swoops with a different girl at 2pm type sh*t.
I have even had fly Sioux and Pawnee girls creep me in their teepee.
And pushing out all the weesh guys in my way with their “Econo-Spray” game.
I just listened to it again, and I thought it really deserved its own post.
It is one of the best financial interviews on the web for two reasons.
1. Kyle Bass is a smart cat
2. He masterfully and subtlety slaps around the female interviewer with skill never seen on television.
Some dimes that Bass drops:
“You can’t hate the mirror because you are ugly.” (I may bite this one).
“Capitalism without bankruptcy is like Chritianity without hell.”
“Buying gold is just buying a put against the idiocy of the political cycle. It’s That Simple”
“You know how screwed up Europe is when you have an Italian central banker and a German pope”.
“The only way to quote resolve any problems in Europe is to have massive debt restructuring…
One of the things we’ve said in our office recently is you know how screwed up Europe is when you have a German pope and an Italian central banker. We have a scenario today in which debt has grown globally in the last nine years from $80 trillion to $210 trillion. Global credit market debt has grown at 12% a year for the last nine years, while global GDP has grown at 4. We’re in a scenario where the PIIGS have sailed into a zone of insolvency. When you sail into the zone of insolvency there is no quote solution for you. The bill is due and you have to pay the pill. What has to happen is it is of our opinion that these debts have to be written down, it’s that simple.
Basically you’re saying if Germany goes joint and severally liable with the profligate idiots of southern Europe will that quote solve the scenario? Think about this. Let’s assume Germany goes to doing a eurobond and Germany takes on these… first of all German constitutional court has already ruled that that’s illegal in Germany, but let’s assume that they get over that and they go ahead and issue this bond. What would that do for the profligate members including Greece when Greece says, “OK we’re all in, we’re good, you’re lending us more money, we have a big debt problem and you’re lending us some more and now we can borrow a little cheaper,” and then Greece keeps spending, and they go back to Germany and say, “OK Germany I need some more money.” Germany says, “No, we’re going to impose this real austerity on you now.” Greece says, “Fine, we’ll default.” Every single time from now on Germany is in the exact situation it’s in today. We call it in Texas a Mexican Standoff, meaning there’s no winner. The profligate members will always have Germany by the short hairs every time this scenario comes up. So I disagree. I don’t think that Germany will end up going all in. It would not be to the benefit of Germany to do so in the long run. Let me ask you this question: How many of your relatives would you go joint and severally liable with?”
KLM Airlines: The Official Airlines of International Playboys
Dutch carrier KLM introduced a program this month that lets participating passengers browse each other’s Facebook and LinkedIn profiles. See someone you like and you can request to sit next to them.
I mentioned this almost a year ago on The G Manifesto:
Side note I: I have a way for the Airlines to get themselves out of their precarious financial situation they find themselves in: Sell seats to International Playboys next to fly girls for a premium.
Hell, I would drop heavy scratch if they would sit me next to fly girls on each flight.
To the airline industry: Yes, I do accept thank you cards.
Good to see that these Airline CEO’s read The G Manifesto, but where is my thank you card?
I would rather they just sit me next to a fly girl on each flight, but this is a start. (Typical Corporations. They take a great idea, and screw it up.)
Marc Faber: Real Estate Investing and Renting Out Rooms To Concubines
Listen to this whole interview or start listening at 2:45
Marc Faber: “I was in Phoenix the other day, and then the taxi driver took me to a nice hotel, The Fairmont, and then he told me about how the person he drove right before me told him that he just bought a 5 bedroom house for $120,000. Where in the world can you buy a 5 bedroom house for $120,000 (good question?).
I would buy it, live in one bedroom and rent out 4 bedrooms to concubines!”
Faber is a straight old-school G.
Here is Faber talking about La Jolla, Newport Beach and Laguna Beach. Neighborhoods I am not all unfamiliar with.
And here is Faber talking about Facebook. But more importantly he spits Game at the Asian interview girl.
