Firstly, the crisis is not over, it s delayed. The world´s two largest trading powers are locked in an arm wrestle, and the Americans, by alienating their own allies, are in the weaker position. The … (View Post)
In the end the whole system starts to be discounted and so there is a price for this corruption that is paid by the US as a whole because all the crap gets priced in. That is already happening. The b… (View Post)
Following on from a previous comment, the King is getting another really positive reception on a State visit. After Germany and France, the Italians too seem to be giving him a really friendly recept… (View Post)
The problem is that he is in power for at least another 2 years. Not black knight territory, but the Emperor is certainly showing his short comings. A total reassessment by the GOP of the whole MAGA … (View Post)
It is a climb down, at least for now. Suggests that the Fed had told them that the Treasury auction might go no bid. So, a fragile rally instead of meltdown. (View Post)