Monthly Archives: March 2024

Could Be a Hotter Election Than Many Expect.  Making the Comfortable Uncomfortable…

Biden may run a more scrappy campaign than people expect.  Reflecting on the State of the Union and also this Biden ad (note the portrayals of Trump and make sure you watch beyond  “I approved this message”). Biden is (as … Continue reading

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Made In China – Goods Deflation. Also a Low Neutral Interest Rate?

Adam Tooze piece here inspired me to do a little blogging.  See chart below.  All that Chinese industrial lending = goods deflation.  China is (still) trying to export its way to prosperity. This will be a persistent deflationary force until … Continue reading

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