Trump goes full Reagan.Apparently the US doesn't realize that the real cost is in terms of real resources rather than units of account for countries that issue their own currencies. Or maybe it does and wants to force China to drop its dollar peg like Russia.Whatever, it's nutty. Kind of like declaring that the US is staying in Syria to create a quagmire for Russia.Where are the grownups?Oh, and did I mention that the latest talking point is the Social Security is running out of funding soon so that the program needs to be cut.RT‘We’ll spend you into oblivion’: US nuclear envoy reveals ‘negotiating’ tactic for New START, last arms control deal with RussiaSee alsoSputnik InternationalUS Militarizing Space, Exiting Treaties in ‘Historical Miscalculation’ to Stay HegemonAlsoRay Dalio
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Mike Norman writes Trade deficit
Merijn T. Knibbe writes Christmas thoughts about counting the dead in zones of armed conflict.
Mike Norman writes Bond market now pricing in one 25 bps rate cut by Fed in 2025
Lars Pålsson Syll writes Mainstream distribution myths
Trump goes full Reagan.
Apparently the US doesn't realize that the real cost is in terms of real resources rather than units of account for countries that issue their own currencies. Or maybe it does and wants to force China to drop its dollar peg like Russia.
Whatever, it's nutty. Kind of like declaring that the US is staying in Syria to create a quagmire for Russia.
Where are the grownups?
Oh, and did I mention that the latest talking point is the Social Security is running out of funding soon so that the program needs to be cut.
See also
Sputnik International
US Militarizing Space, Exiting Treaties in ‘Historical Miscalculation’ to Stay Hegemon
Also
Ray Dalio concerned.
Zero Hedge
"Revolutions And Wars": What According To Ray Dalio Comes After "Printing Money"
Tyler Durden