Friday , May 3 2024
Home / Mike Norman Economics / RT — ‘We’ll spend you into oblivion’: US nuclear envoy reveals ‘negotiating’ tactic for New START, last arms control deal with Russia

RT — ‘We’ll spend you into oblivion’: US nuclear envoy reveals ‘negotiating’ tactic for New START, last arms control deal with Russia

Summary:
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:

NewDealdemocrat writes The snooze-a-than in jobless claims continues; what I am looking for in tomorrow’s jobs report

Bill Haskell writes Monthly payments could get thousands of homeless people off the streets

Angry Bear writes A Doctor at Cigna Said Her Bosses Pressured Her to Review Patients’ Cases Too Quickly

Steve Roth writes How Did Under-40s Get So Much Richer During Covid?


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 Russia

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

Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

Leave a Reply

Your email address will not be published. Required fields are marked *