8 Comments
User's avatar
PMC's avatar

The sooner the better

Expand full comment
Steve Hummel's avatar

Its so incredibly obvious that we need to much better regulate Finance/Financial Speculators so their "innovations" don't endanger everyone and everything.

The daily chaos wrought by the chaos merchant Trump is indeed aggravating and anxity evoking. We can protest, we can fantasize that Seal Team 6 will rise up when we really need them and deal with it or we can muster the willingness and ability to break through the modern intellectual shortcomings of (RAPO) Reductionist Analysis of Problems Only by learning from the historical record of paradigm changes that have always utilized the superlative intellectual method of the Integration of Opposites that Synthesize and Solve (IOSS) AKA Wisdom.

As I lke to say Science is wonderful, necessary and delicious…and it exists entirely within the digestive tract of Wisdom.The Chinese will continue to rise so long as they maintain their more practical stance toward Finance/Money. They haven’t yet recognized that applying the new monetary paradigm of Direct and Reciprocal Gifting at the strategic point of retail sale, but if they do the rest of the world will have to awaken to it as well or become less and less stable and prosperous. And if the US recognized it the Chinese etc. would have to adopt the new paradigm as well. Historically, everything adapts to a new paradigm…not the other way around. Why? Because new paradigms are true permanently progressive solutions not just accurate analysis of problems only and at best palliative/temporary/soon gamed reforms.

Expand full comment
Larry Kazdan's avatar

Won't the Federal Reserve just start massive bond buying to stabilize the bond market?

Expand full comment
Paul Scholes's avatar

Imagine discovering that governments like the US’s or UK’s didn’t actually need to issue bonds and that, if they still chose to, they could prohibit the trade in them. All governments need to realise the power they have.

Expand full comment
Miffsky.'s avatar

"Captain! The ship's just taken a massive hit below the waterline!"

"Heeeeeey - quit panicking boy: no one's gonna even notice any damage hidden way down there."

Expand full comment
John Cronin's avatar

Concerns in relation to excessive leverage in the system owing to rehypothecation of USTs have been lingering for years. Maybe the Trump team will prove to be the trigger point. But I’m sure Trump’s top team have reflected deeply on the matter…

Expand full comment
钟建英's avatar

Could the casino use Renminbi denominated government bonds issued by China as collateral? I assume they currently don’t, but would it be feasible to do so? Just curious. Thanks.

Expand full comment