The Mexican bank tried it, their ten year bond is 8.46%.
There is no amount of QE tax the Fed can collect and bailout a narco state, it is not happening.
We are faced with the blackest of swans, a sudden stop in all our western ports of exit. An absolute, 100% depression creator, and a sure fire default.
We are facing the bleakest moment since at least Vietnam if not the Civil War. Sudden stop, not any official in Gavin's department is to be trusted, wealthy liberals do not fund narco states, they all went through the routine in the vietnam war. None of these retiring wealthy boomers wants to get caught on the wrong side of this, political correctness be damned. California just screwed the US economy, the great breaking point, the ultimate disaster.
East coast Dems are not supporting Nancy on this issue, she has zero wriggle room, she will lose her job.
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