{"id":14496,"date":"2016-11-17T19:03:25","date_gmt":"2016-11-18T00:03:25","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=14496"},"modified":"2016-11-17T19:03:25","modified_gmt":"2016-11-18T00:03:25","slug":"platinums-kerr-neilson-slams-naive-western-centric-view-of-the-world","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2016\/11\/17\/platinums-kerr-neilson-slams-naive-western-centric-view-of-the-world\/","title":{"rendered":"Platinum&#8217;s Kerr Neilson slams &#8216;naive&#8217; Western-centric view of the world"},"content":{"rendered":"<p><a href=\"http:\/\/www.theage.com.au\/business\/markets\/platinums-kerr-neilson-slams-naive-westerncentric-view-of-the-world-20161116-gsqyei.html?promote_channel=edmail&amp;mbnr=MTQyOTU1Nzk\"><img data-recalc-dims=\"1\" decoding=\"async\" class=\"alignnone size-full\" src=\"https:\/\/i0.wp.com\/thepatientinvestor.com\/wp-content\/uploads\/2016\/11\/1479372409972.jpg?w=525&#038;ssl=1\" alt=\"\" \/><\/a><\/p>\n<blockquote><p>[Kerr Neilson, the founder of $23 billion Platinum Asset Management] said China &#8220;absolutely smashes America&#8221; when measured by physical goods, producing more motor cars, eight times more steel and 10 times more cement.<\/p>\n<p>&#8220;We&#8217;re just comatose. We have no idea, particularly in the West, what&#8217;s really changing. So we have all this debate, that&#8217;s the politicians&#8217; hard sell. You can no longer make these silly promises and say &#8216;we&#8217;ve got to be more equitable&#8217;,&#8221; he said.<\/p>\n<p>&#8220;Sure, it&#8217;s a great idea, but in fact the place we&#8217;re competing against, these other teams &#8230; they play a very hard game. It&#8217;s no good complaining about the referee.&#8221;<\/p><\/blockquote>\n<p>Source: <a href=\"http:\/\/www.afr.com\/markets\/platinums-kerr-neilson-slams-naive-westerncentric-view-of-the-world-20161116-gsqyei\">Platinum&#8217;s Kerr Neilson slams &#8216;naive&#8217; Western-centric view of the world<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[Kerr Neilson, the founder of $23 billion Platinum Asset Management] said China &#8220;absolutely smashes America&#8221; when measured by physical goods, producing more motor cars, eight times more steel and 10 times more cement. &#8220;We&#8217;re just comatose. We have no idea, particularly in the West, what&#8217;s really changing. So we have all this debate, that&#8217;s the &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2016\/11\/17\/platinums-kerr-neilson-slams-naive-western-centric-view-of-the-world\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Platinum&#8217;s Kerr Neilson slams &#8216;naive&#8217; Western-centric view of the world&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[41,29],"tags":[],"class_list":["post-14496","post","type-post","status-publish","format-standard","hentry","category-china-hk","category-the-big-picture"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Platinum&#039;s Kerr Neilson slams &#039;naive&#039; Western-centric view of the world - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Platinum&#039;s Kerr Neilson slams &#039;naive&#039; Western-centric view of the world - the patient investor\" \/>\n<meta property=\"og:description\" content=\"[Kerr Neilson, the founder of $23 billion Platinum Asset Management] said China &#8220;absolutely smashes America&#8221; when measured by physical goods, producing more motor cars, eight times more steel and 10 times more cement. &#8220;We&#8217;re just comatose. We have no idea, particularly in the West, what&#8217;s really changing. 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But by the same token it has become Australia's Achilles' heel,\" the ratings giant [Standard & Poor's] said. \"Particularly while mining investment remains such a large share of the\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10434,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/07\/28\/platinum-founder-warns-on-property-act-of-faith\/","url_meta":{"origin":14496,"position":1},"title":"Platinum founder warns on property \u201cact of faith\u201d","author":"ColinTwiggs","date":"July 28, 2014","format":false,"excerpt":"By Leith van Onselen The founder of Platinum Asset Management, billionaire investor Kerr Neilson, has released an interesting report warning about Australia\u2019s frothy house price valuations and the risks of a correction once \u201cconditions change, [and] a lot of the assumptions are found wanting\u201d. The report highlights four \u201cfacts\u201d about\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"ScreenHunter_3505 Jul. 29 08.50","src":"https:\/\/i0.wp.com\/www.macrobusiness.com.au\/wp-content\/uploads\/2014\/07\/ScreenHunter_3505-Jul.-29-08.50-200x194.jpg?resize=350%2C200","width":350,"height":200},"classes":[]},{"id":9912,"url":"https:\/\/thepatientinvestor.com\/index.php\/2014\/05\/26\/china-isnt-just-slowing-down-its-contracting-business-insider\/","url_meta":{"origin":14496,"position":2},"title":"China Isn&#8217;t Just Slowing Down \u2014 It&#8217;s Contracting | Business Insider","author":"ColinTwiggs","date":"May 26, 2014","format":false,"excerpt":"Kyle Bass, founder and principal of Hayman Capital Management, on China's debt bubble: China\u2019s banking assets have grown to over 100% of its GDP in the last three years, according to Bass. If the U.S. had engaged in similar policies \u2013 which he said would translate to $17 trillion in\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":19052,"url":"https:\/\/thepatientinvestor.com\/index.php\/2019\/10\/12\/trade-talks-extend-and-pretend\/","url_meta":{"origin":14496,"position":3},"title":"Trade talks: &#8216;Extend and pretend&#8217;","author":"Colin Twiggs","date":"October 12, 2019","format":false,"excerpt":"Donald Trump has been weakened by the impeachment process, with more than half the respondents in a recent Fox News poll wanting the troubled President impeached: \"A new high of 51 percent wants Trump impeached and removed from office, another 4 percent want him impeached but not removed, and 40\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":61973,"url":"https:\/\/thepatientinvestor.com\/index.php\/2025\/06\/16\/rare-earths-and-vinny-jones\/","url_meta":{"origin":14496,"position":4},"title":"Rare earths and Vinny Jones","author":"Colin Twiggs","date":"June 16, 2025","format":false,"excerpt":"Lock, Stock & Two Smoking Barrels (1998) In a scene from the dark British gangster comedy Lock, Stock & Two Smoking Barrels, hard man Vinny Jones refuses to comply with two gun-toting wannabe hoodlums. When they demand to know why, Jones responds with the classic line: \"....Because your guns have\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"Lock, Stock and Two Smoking Barrels","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2025\/2025-06-16-two-smoking-barrels.png?resize=350%2C200&ssl=1","width":350,"height":200},"classes":[]},{"id":1639,"url":"https:\/\/thepatientinvestor.com\/index.php\/2011\/10\/30\/after-china-fund-chief-goes-to-japan-wsj-com\/","url_meta":{"origin":14496,"position":5},"title":"After China, Fund Chief Goes to Japan &#8211; WSJ.com","author":"ColinTwiggs","date":"October 30, 2011","format":false,"excerpt":"On Friday, Chinese and European officials sought to play down expectations about when and how China may deploy its vast financial resources to help bail out indebted countries in Europe. A Chinese Vice Finance Minister said China must first see the details of a new European bailout fund before making\u2026","rel":"","context":"In &quot;China &amp; HK&quot;","block_context":{"text":"China &amp; HK","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/china-hk\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/14496","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=14496"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/14496\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=14496"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=14496"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=14496"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}