Americans are rightfully angry about trade. The intractable nightmare over retirement. No apparent solution is at hand. This is my first comment in over ten years on this subject. A genuine voter revolt against the establishment and the rich is at hand. The deathly illiquidity of the western banking system. Profile of the dust-up of a major bank in action. Investors appear finally to be seeing through the stock buy-back trickery. We shall shortly see that reflected in the market. Central bankers know perfectly well that ‘QE’ doesn’t work. A quick stock market recap. Trade deficit/surplus, balanced trade 101.
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