So the state of Georgia wants to start re-opening in late April based in part of the “positive data”. Ummmm… the positive data is due to the lock down and social distancing, not because the virus is going away.
I would think that the price of oil dropping to negative forty dollars a barrel (-$40) on the May Futures qualifies as interesting. It brings up the question of “what does that mean” from many angles such as:
This should have been the crucial debate almost two decades ago. I would say it is the monumental debate of our times – except for the fact that there’s no debate.
Sound Money is precious – to be coveted and safeguarded. As a stable and liquid store of value, Money is the bedrock of Capitalism, social cohesion and stable democracy.
Kissinger: “Now, we live an epochal period. The historic challenge for leaders is to manage the crisis while building the future. Failure could set the world on fire.”
Don’t tell me you saw an article saying now is the time to buy the dip or hang on and wait it out. Don’t tell me you are still listening to all the clowns trying to freeze retail investors in place. Please don’t.
Somehow, we must convince younger generations that the culprit was unsound finance. And it’s absolutely fixable. Deeply flawed, experimental central banking was fundamental to dysfunctional markets and resulting deep financial and economic structural impairment.
l your Congressman, NO free bailout until corporations are financially restructured. Period.
I have come to the realization that my attempts to overcome the euphoria in many TSP investors has been grossly inadequate to overcome years of “it always bounces back” marketing.
I have to adjust my message for today’s post-Bubble backdrop: I understand we can’t allow the system to collapse, but Please Don’t Completely Destroy the Soundness of Central Bank Credit and Government Debt. Does anyone realize what’s at stake?