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Posted by David | Apr 6, 2022
The U.S. Treasury is now preventing Russia from using its oversees reserves to make bond payments. “Russia must choose between draining remaining valuable dollar reserves or new revenue coming in, or default,” the...
Read MorePosted by David | Apr 2, 2022
Kit Knightly makes a great point: Western powers know how to drive Russia to its knees by increasing oil production and driving down the price of oil. Western powers did it in 2014 and Russia’s GDP fell for the first time...
Read MorePosted by David | Mar 31, 2022
The yield on the two-year Treasury note was briefly higher than the 10-year Treasury note on March 29th. This can indicate that the economy will undergo a recession at some point in the next couple of years.
Read MorePosted by David | Mar 31, 2022
Foreign Affairs is preparing its readers for the surrender of Ukraine. “It will be extremely hard, if not impossible, for the United States to achieve either its short- or long-term objectives if the war drags on for...
Read MorePosted by David | Mar 30, 2022
Robert Barnes believes Joe Biden will be impeached if Republicans take control of Congress in the mid-term congressional elections. I think it is more likely that Biden will resign before the mid-terms or suffer a health crisis...
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