Tuesday , April 8 2025

It starts

Summary:
This is just going to be incessant… hey what about “the debt!” they forgot that one… highest probability of default ever compared to any past debt ceiling episodes… The Biden Administration. pic.twitter.com/ulB7Q8AvU1— House Judiciary GOP (@JudiciaryGOP) August 15, 2021

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Jeremy Smith writes UK workers’ pay over 6 years – just about keeping up with inflation (but one sector does much better…)

Robert Vienneau writes The Emergence of Triple Switching and the Rarity of Reswitching Explained

Lars Pålsson Syll writes Schuldenbremse bye bye

Robert Skidelsky writes Lord Skidelsky to ask His Majesty’s Government what is their policy with regard to the Ukraine war following the new policy of the government of the United States of America.

This is just going to be incessant… hey what about “the debt!” they forgot that one… highest probability of default ever compared to any past debt ceiling episodes… 





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.

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