Guaranteed the latest TACO move came after someone explained how US treasury debt is a gaping vulnerability, held by Nato, China etc.
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“I used to think that if there was reincarnation, I wanted to come back as the President or the Pope or as a 400 basball hitter. But now I would like to come back as the bond market. You can intimidate everybody.”
- James Carville
I’m jealous of the optimism that markets can fix stuff.
I’m jealous of people with optimism for… well anything anymore.
I mean, they just saved NATO…