Yellen In Beijing
The financial media was awash on Thursday with coverage of Instagram's Twitter competitor "Threads," but I'll confess to being wholly uninterested.
At the risk of suggesting readers adopt my ascetic aversion to mindless coverage of the meaninglessness, unless and until "Threads" is a revenue driver for Meta, it's not obvious why anyone should care. Or why any market participants should care anyway. It's just billionaires jostling for position in the surveillance capitalism wars. It turns out El
I am also lamenting the coverage of Meta’s “Twitter Killer”. H, you’re all we got.
Any thoughts on whether she will address China’s “brics” coalition to undermine the US dollar?
She’ll wish them “good luck”? There’s no chance in hell I’d switch dollars for a Brazil-Russia-India-China currency… even if Russia wasn’t a failing state and China/India gearing up for competition in Asia…