US Resilience is going to force the Fed to break RoW first, and the Fed will become an Uneven "Distributor of Pain" through the USD Wrecking Ball transmission mechanism.
When people would ask why I spend time on Twitter over the last couple of years, I would often say: “Kaoboy & Mike Green”. Without Twitter, I would not have found “the Mikes” and I was amazed at the quality of free content available. The new ownership chased away a lot of excellent content. Foolish behavior. Thanks so much for soldiering on on Substack.
Great analysis, thanks for sharing.
Solid analysis as usual.
Off topic..I greatly enjoyed this book. You might find it somewhat distantly biographical.
The USD has begun incorporating damage to other currencies.
Thank you all so very much!🙏
Breaking the other economies first, especially the woke eurozone, was always Powell’s goal. Forget the inflation rhetoric, this is about Clash of the Banking Titans and who will dominate the next world order; it’s a bankers war. Wrecking their economies was the only way to take away their wealth and take them down . In the movie Platoon the commander called for an air strike on their position because it was the only way to avert total annihilation. That’s where we’re at.