This blog is an effort to sift through the noise. Please note that a number of resources are used to create these theses and due to an overriding desire to think rather than edit I will not be citing every little source.
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Friday, November 18, 2011
Latest from Howard Marks - It's All Very Taxing
Below is the latest memo from Howard Marks of Oaktree. The memo discusses the debt issue, the recent efforts to stem the bleeding by taxing the rich, and a deeper discussion on potential solutions.