Paul Brodsky

Blog

Live Blogging the Casey Summit 2013 Conference (Day 2)

More of what Chris & Adam are hearing
Saturday, October 5, 2013, 11:48 AM

Breakfast is over, and Chris and I are sitting down for Day 2 of the Casey Research 2013 Conference in Tucson. Here's what we're hearing.

(To read what we heard on Day 1, click here) » Read more

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Paul Brodsky

Paul Brodsky

Paul Brodsky is co-founder and co-managing member of QB Asset Management. Paul spent several decades trading bonds and other securities for such Wall Street firms as Drexel Burnham Lambert, Kidder Peabody, and Spyglass Capital, where he actively managed mortgage-backed derivative funds for over a decade (over 85% of investor capital in that fund was returned by June 2006, before the wide-scale credit contraction occured). QB Asset Management serves accredited investors; more information on the firm and its investment strategy can be obtained by emailing Paul

Podcast

Paul Brodsky: Central Banks are Nearing the 'Inflate or Die' Stage

So hold tightly to your gold
Friday, July 6, 2012, 6:46 PM

"It's impossible to have a political solution to a balance sheet problem" says Paul Brodsky, bond market expert and co-founder of QB Asset Management.

The world has simply gotten itself into too much debt. There are creditors that expect to be paid, and debtors that are having an increasingly difficult time making their coupon payments. No amount of political or policy intervention is going to change that reality. (Unless a global "debt jubilee" transpires, which Paul thinks is unlikely).

Looking at the global monetary base, Paul sees it dwarfed by the staggering amount of debts that need to be repaid or serviced. The reckless use of leverage has resulted in a chasm between total credit and the money that can service it.

So how will this debt overhang be resolved?

Central bank money printing -- and lots of it -- thinks Paul. » Read more