Investors need to know to change the financial world

In the article on MONEYMORNING-14 may 2012
Investors need to accept the fact that we all known that ' games and it seems to be over, ' says Bill gross United States investors. The world's largest Bond Fund, PIMCO, believes that investors in the wake of the financial crisis, the founder of their strategy must be changed.
What other thing is now we look at the history of the financial crisis, taking advantage of the previous understanding of gross says. Since the early stages of the 20th century ' financial leverage has been a trend towards ever upward '. Politicians, regulators and paper currencies frees you from the constraints of the real world, such as the Gold rule sets.

On the other hand, were more willing than the ' private sector, credit the invention of a new type of loosely known as the derivatives game '. Ever-expanding credit attitude, investment for gross says.  ' "In the long run for stocks" is almost universally accepted tips [it] for the past half-century, but for most of the "financial assets" for the long term – and your House are included in the category of financial assets in a way even though you just had a pile of sticks and stones. "

Investors take advantage of the extra push on the future value of financial assets would have been used to. ' P/e ratio to rise, 30 year Treasury bond prices doubling, for real estate is thriving because of the global economy and levered anything financial markets were consistently well and levered ' in effect, the Department has ' levered forward in future years, the total number of theft ' and brought.

The new standard

But ' consistently exceeds the ability of the global economy and to replicate them ' growth expectations. Try to add more to the national economy and is now part of the conflict, instead of having to pay off the debt. Worldwide credit still going much slower than before, but up.

Results for ' negative real interest rates and tight credit and equity risk premiums; Will be with us for years to come, promising financial repression ...Of the State '. In this "new normal" as opposed to the ' financial wizardry is a real growing preponderance '. However, the severe or excessive budget deficit achieving more difficult, ' says, and high debt/G D P-level '.

So what does this mean for investors? Grossman's "new standards" and "real" in that the goods will be performing assets star. Financial assets when you try to move quickly back to him to pay. So, courtesy of the high quality, short term bonds and inflation-protected assets for '. and if you want growth stocks long term commitments, rather than look for a taxpayer dividend.

James McKeigue

Contributing writer, MoneyWeek

Investors need to know to change the financial world

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Documentation Team Leadership Change

Hi everybody -
Hope you all had a great holiday, and are easing into 2012 nicely! I'll cut right to the chase with this announcement: effective pretty well immediately (as this has been in the works for a little while now), I'm stepping down as Documentation Co-lead. Click Here!
Awwww, sad, I know! It's been quite the experience, and I feel like along with Jennifer and the other docs enthusiasts, we've gotten a lot done over the course of the last year and a bit of official leadership term. It's been great helping set the direction of the documentation plans, and working with everyone who's been interested in improving the documentation, as well as many of the core and contrib development teams.
After taking some time off in the summer to decompress and figure out where I wanted to go with all of this, I realized that despite feeling like I've been effective in the position, it's taken a lot of my time away from other things in my life, and from actually writing docs and working on other areas of Drupal. And that was definitely okay for a certain timeframe, but it's not something I want to do forever. Now that the Community Documentation infrastructure changes have been rolled out, my side of the leadership role is effectively being put on hiatus. We've talked this over with Dries, and he also feels it's fine for Jennifer to continue managing the API docs and infra solo.

What does this mean to you all? Probably not any huge changes, I'll still poke my head in on the issue queue, IRC, etc. now and then. But my "official responsibilities" will no longer exist, including hosting Documentation sprints, attending meetings and docs hour, doing docs conference sessions, etc. And when I do work on Docs, it'll more often be in a writing/editing capacity. I'm also hoping to spend some more time doing other fun things like patch reviews for Drupal core, and continuing to attend Drupal events. ...And also, spending more time knitting, socializing, doing yoga, and all those other things I neglected while I was spending all my evenings online!
My time helping lead the project's documentation team has had high points and low points, but overall I feel like I've learned a ton, gotten a lot done, and am leaving the state of the docs in a better place than when I started. That's really all I could hope for! Thanks so much to Jennifer for being an amazing co-lead with whom to share a brain, and to all the fantastic Drupal and docs enthusiasts who've made this experience a positive one.
I hope to see the tentative docs infrastructure plans come to fruition during the coming year. This will result in a small team of dedicated core docs maintainers (including myself) taking over the helm of the future "curated" core docs section, and also see docs maintainers appointed for other contrib projects' curated documentation. And of course, work on API documentation and docs infrastructure will continue; Jennifer and other team members have been focused on this for a while now.
Keep rocking the docs folks, thanks for everything, and I will see you around!
-------------
Jennifer here... I'd like to thank Ariane for a great year of co-leadership! I'm currently planning on staying on as Documentation Team Leader for 2012.

What I'd like to do is take on a deputy leader or co-leader sometime soon (watch http://groups.drupal.org/documentation-team for details and an official call for interest/applications). This way we can have a smooth transition to the next documentation leader, and start the trend of time-limited leadership for positions like this in the Drupal community (to prevent burn-out, let new people have a chance to lead, etc.). Anyway, rest assured I'll still be asking Ariane for advice and help, and I'm excited that she's still excited about being involved in documentation in her new capacity!

Documentation Team Leadership Change

Hi everybody -
Hope you all had a great holiday, and are easing into 2012 nicely! I'll cut right to the chase with this announcement: effective pretty well immediately (as this has been in the works for a little while now), I'm stepping down as Documentation Co-lead. Click Here!
Awwww, sad, I know! It's been quite the experience, and I feel like along with Jennifer and the other docs enthusiasts, we've gotten a lot done over the course of the last year and a bit of official leadership term. It's been great helping set the direction of the documentation plans, and working with everyone who's been interested in improving the documentation, as well as many of the core and contrib development teams.
After taking some time off in the summer to decompress and figure out where I wanted to go with all of this, I realized that despite feeling like I've been effective in the position, it's taken a lot of my time away from other things in my life, and from actually writing docs and working on other areas of Drupal. And that was definitely okay for a certain timeframe, but it's not something I want to do forever. Now that the Community Documentation infrastructure changes have been rolled out, my side of the leadership role is effectively being put on hiatus. We've talked this over with Dries, and he also feels it's fine for Jennifer to continue managing the API docs and infra solo.

What does this mean to you all? Probably not any huge changes, I'll still poke my head in on the issue queue, IRC, etc. now and then. But my "official responsibilities" will no longer exist, including hosting Documentation sprints, attending meetings and docs hour, doing docs conference sessions, etc. And when I do work on Docs, it'll more often be in a writing/editing capacity. I'm also hoping to spend some more time doing other fun things like patch reviews for Drupal core, and continuing to attend Drupal events. ...And also, spending more time knitting, socializing, doing yoga, and all those other things I neglected while I was spending all my evenings online!
My time helping lead the project's documentation team has had high points and low points, but overall I feel like I've learned a ton, gotten a lot done, and am leaving the state of the docs in a better place than when I started. That's really all I could hope for! Thanks so much to Jennifer for being an amazing co-lead with whom to share a brain, and to all the fantastic Drupal and docs enthusiasts who've made this experience a positive one.
I hope to see the tentative docs infrastructure plans come to fruition during the coming year. This will result in a small team of dedicated core docs maintainers (including myself) taking over the helm of the future "curated" core docs section, and also see docs maintainers appointed for other contrib projects' curated documentation. And of course, work on API documentation and docs infrastructure will continue; Jennifer and other team members have been focused on this for a while now.
Keep rocking the docs folks, thanks for everything, and I will see you around!
-------------
Jennifer here... I'd like to thank Ariane for a great year of co-leadership! I'm currently planning on staying on as Documentation Team Leader for 2012.

What I'd like to do is take on a deputy leader or co-leader sometime soon (watch http://groups.drupal.org/documentation-team for details and an official call for interest/applications). This way we can have a smooth transition to the next documentation leader, and start the trend of time-limited leadership for positions like this in the Drupal community (to prevent burn-out, let new people have a chance to lead, etc.). Anyway, rest assured I'll still be asking Ariane for advice and help, and I'm excited that she's still excited about being involved in documentation in her new capacity!