Think Piece – Andrew Lees

Featuring Andrew Lees

Founder of the Macro Strategy Partnership Andrew Lees leads us through a tour-de-force in this week’s Think Piece, casting new light on production in the energy market, capital creation, China, Japan, and Europe.

Published on
5 May, 2015
Topic
Monetary policy, Energy Commodities, Global Outlook
Duration
48 minutes
Asset class
Currencies, Commodities
Rating
12

Comments

  • DG

    Dendy G.

    24 5 2015 02:43

    0       0

    Really great stuff!!

  • JS

    John S.

    20 5 2015 12:49

    0       0

    Great original analysis. Think I need to watch it again.

  • WW

    Worth W.

    20 5 2015 00:08

    0       0

    This interview blew my mind.

  • IK

    Ian K.

    14 5 2015 07:00

    0       0

    I question his claim that there is no net energy gain from renewables. The data from Spain and Germany reflects decades of investment in much less energy efficient solar than what we have today.

  • ms

    mahesh s.

    14 5 2015 04:11

    0       0

    Good interview- however for a non finance person- his use of " CAPITAL AND PRODUCTIVITY" in so many different ways- LOST ME
    Hopefully you will have him back to talk to SIMPLETONS LIKE US

  • CC

    Charles C.

    12 5 2015 00:08

    0       0

    An amazing and unique way of seeing the world economy. I need to watch again to really absorb this. It will be worth it.

  • ww

    will w.

    9 5 2015 14:01

    1       0

    Mind-blowing thought provocation; provacative thought-provoking; thought-provoking squared!
    SO much to digest in Andrew's most original perspective.

  • DM

    Daniel M.

    7 5 2015 15:12

    0       0

    Funny, i Matthias above is carbon copy of tweet i made which was basically tht I followed him as a broker at UBS when i started in business and always admired his out of the box thinking. great piece!

  • WG

    Wayne G.

    7 5 2015 00:01

    4       0

    Another tour de force! I sure hope this is working out financially for RVTV because it would be so depressing to lose access to these amazing thinkers.

  • MB

    Matthias B.

    6 5 2015 10:53

    4       0

    I remember Andy Lees from my early days at UBS Warburg (late 90-ies) and hugely appreciated his out of the box thinking. How was I surprized to see him on RV now. Thanks a lott for bringing this.

  • lb

    luigi b.

    6 5 2015 08:34

    1       0

    Please! Please!
    Add charts and tables

    Please! Please! Please!
    Write a book!

  • DH

    Dale H.

    6 5 2015 04:57

    1       0

    Well, I will watch this again. A fair bit to assimilate in one go - paying so much attention I stood on my dog's foot! I mostly get it, just need to tie it together (not the pesky feet).....

  • WM

    Will M.

    6 5 2015 01:13

    3       0

    Yes it was a challenge to keep up, but the message seemed clear and not encouraging. The West not only faces GDP stagnation but massive debt overhang. Difficult to see a way out for the medium term

  • RA

    Robert A.

    5 5 2015 23:54

    3       0

    That's a lot of #'s and %'s to carry on the tip of his logical tongue. I've heard and read arguments that nibble around the concept, but nothing so concise and pithy as this.

  • RP

    Raoul P.

    5 5 2015 23:43

    15       0

    An excellent productivity and energy framework from Andy. Really adds nuance to the global economic debate. Ive known him for 23 years and he's always been a smart bloke...

  • SP

    Steve P.

    5 5 2015 22:50

    3       0

    Wow - follow that! A great insight into how macros think. It brings home the very real problems eventually encountered by economic systems built on the continual expansion model. Are we now there?

  • PH

    Philip H.

    5 5 2015 18:58

    5       0

    My brain hurts..........!

  • CC

    Christopher C.

    5 5 2015 17:46

    4       0

    If creative destruction is not allowed to move the comma to the right on asset values then flawed monetary policy induces the comma moving to the left via inflation.

  • CC

    Christopher C.

    5 5 2015 17:40

    2       0

    world by resource exploitation and productivity gains, which tend to be linear. Resets are periods of synchronization when zeros get added to "money" to re-balance the natural differences.

  • CC

    Christopher C.

    5 5 2015 17:38

    5       0

    Big picture - Money creation is needed to induce capital flow in order to support a debt based economy which by its nature must grow exponentially or die. The monetary system is tied to the real

  • PT

    Philip T.

    5 5 2015 16:57

    6       0

    Yes. Brilliant, but it hurts my head.

  • SC

    Shaun C.

    5 5 2015 15:37

    1       0

    Excellent.