Inconceivable! -Vizzini, in the 1987 movie “The Princess Bride” Truth is like poetry. And most people f*cking hate poetry. -“The Big Short”, 2015 Key Points: Foreign ownership share of UST T-Bills has fallen from 49% to 18% since 2014; foreign ownership share of UST notes and bonds, from 63% to 33% since 2008; despite this, many US investors continue to invest as if the declining green lines in the chart on the front page do
Everyone was looking for the next Michael Jordan on the basketball court, but he was walking down the fairway. -Former Nike CEO Phil Knight, circa 2000, on Tiger Woods Key Points:
The US and UK imposed new restrictions on trading Russian aluminum, copper and nickel…in the latest bid to curb President Vladimir Putin’s ability to fund his war machine. -Bloomberg, 4/14/24 According to the IMF, global currency reserves are at $7.1 trillion and 2.5 trillion euros now. These reserves are devalued at an annual rate of about 8 percent. Moreover, they can be confiscated or stolen any time if the United States dislikes something in the policy of the states involved. … According to analyst estimates, and this is an objective analysis, a conversion