Goldman: If Trump Wants To Win A Trade War, The Market Has To Crash
"It is unlikely that the White House can convince trading partners that tariff threats are credible without also convincing financial markets"Trump wants regime change. He can show that government barely works now and government would halt when rates go much above 3.0, not just here, but also in Europe and emerging markets, and Calizuela. The message is: Beware to those holding dollars as a store of value.
How beware should they be?
Dunno, let us mark to market. We need a trading protocol and a default box. Let the senators drop in debt for default. Fed can fair trade it. Start with Fed holdings, make it a rule, when guv needs bailing, the Fed is direct express.
No comments:
Post a Comment