Red Rally.
In case it's not clear enough, the geopolitical backdrop is deteriorating more rapidly than anyone can plausibly keep track of, although I took a stab at capturing it all in under 1,000 words in a Tuesday afternoon piece for Dealbreaker appropriately called "This Is The Stuff Crises Are Made Of".
First thing's first. Trump is fucking furious over the raid on Michael Cohen's offices, home, and hotel room. His Monday evening diatribe was characteristically insane and suggests he's on the verge of
About that turkish lira thing.
Many say that we’re following in the footsteps of the Japanese. Well we can only hope. But I don’t think so because Japanese debt isn’t externally held plus nobody is as stoic as the Japanese. We’ll riot instead.
Rather, I think more countries and their currencies will come to resemble the turkish lira example. Authoritarian asshole leaders with debased shit currencies. Sad cuz Turkey is a beautiful country.
Best flea market in the world – or history for that matter.
“Authoritarian asshole leaders with debased shit currencies” appearing right here, right now.