@MacroAlf it's been funny seeing you, the bald super mario and your swedish boyfriend bjorn bjornsson, on blockworks seethe at the markets not dumping. just LOL at the seethe in /2 of the thread
High chance the Japanese and Europeans have a meeting with JPow during Jackson Hole so they can plead him to buy their treasuries. Strong USD does America's allies no favours.
Luke talks about how trapped the central banks are when their respective countries can't sell bonds and raise debt to fund their spending addiction. Also gives insight into how dumb the EU are with regards to applying sanctions against inelastic-demand commodities
Perfect timing to court votes into the midterms. Long term this means horrible consequences for punishing poor decision making and will serve as a good litmus for other western govts to add to their toolbag if it ends up working
when you engage in sanction dumbassery and cripple major production inputs, very funny to see for a country that has been dead focused on going 'green'. Sad to see the home of Porsche resort to asking it's citizens to shower max 4 mins a day to keep the country afloat