Th halcyon days of 2006 are never coming back, the era of the shopping mall and peak Pax American are a far and distant memory. We believed in 9/11 and the wars and everything America stood for: freedom and democracy. It turned out, all of it was a fraud and the people who concocted these schemes are arch criminals, who, as a matter of fact, still rule you and are now telling you we need to protect the “democracy” of Ukraine — which was elected by sniper rifle in a 2014 coup.
In 2001, at the onset of the New World Order, America’s debt burden was $5.5 trillion or 55% of GDP. At the time it was considered to be an atrocious thing and responsible people wanted it reduced by ending the deficits. Well if you thought that was bad — how does $32 trillion or 124% of GDP sound in a era where the GDP portion is about to decline?
The only reason why the US dollar isn’t toilet paper is because of petrol dollar schemes. That, amongst many other things, are in play with the war in Ukraine — which is why they are going all in.
Tomorrow we have employment data. Hope for bad news.
I closed at session higher +102bps and amazingly my quant closed +255bps — with a bias to the downside in trading.
All trades are publish in real time inside Stocklabs.
If you enjoy the content at iBankCoin, please follow us on Twitter
This Fly dude knows his shit.
Brilliant summary. It’s the “amongst many other things” that I keeps me up at night.
In case you don’t know-looks like SL is down. (I guess I crashed it with all my meaningless chatter)
It’s back-you should get a credit for the down time. LOL
Trying to remember the last time you said something optimistic in the last decade. Lord it’s sad.