The dollar must be happy! This is oil. This is Texas delivering the stuff down that simple pipe to Texas ports. The rising dollar makes imports cheaper. But there is a major disconnect in finding the loop. The Swamp needs taxes, and the banks are getting taper. That is a point of Fed remits, and the Swamp plan sto give their SALT tax back to blue states, another point.
Now suddenly, we are screwed, interest expense is back to four points of GDP. And all this just in time for some major COLA adjustments of five to six points.
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