Dudley's claims are a fiction told by elites to the masses supposedly for the people’s own good, but really designed to maintain popular support for policies that benefit the elites...
"@MarkSanford, was reported missing, only to then say he was away hiking on the Appalachian Trail, then was found in Argentina with his Flaming Dancer friend"
The euro and bund yields are rising this morning following Reuters headlines suggesting Germany is considering a “shadow budget” with the aim to increase public investments beyond restrictions of national debt rules.
"It’s difficult to describe markets,” said the CIO, reflecting on his decades of trading. “Now markets shift direction on a tweet then reverse on some comment. And nearly all of it is political." But even politics are different now.
Even though there are no doubt a few honorable individual exceptions, I am left utterly appalled by all parties in Parliament, with each one exhibiting their own particular flavor of cynicism and duplicitousness.