Authored by Christina Ramirez, fist published in Real Clear Politics, In most countries in Europe and North America, governments have imposed lockdowns of their populations and economies. At first glance, this strategy would seem to strike a reasonable, if painful, bargain: pay the price of (hopefully temporary) limits on civil liberties and economic recession (if… Read More
Are you ready for this week’s absurdity? Here’s our Friday roll-up of the most ridiculous stories from around the world that are threats to your liberty, your finances, and your prosperity… and on occasion, poetic justice. “No whites allowed” safe space for employees of Oregon county Do you know what’s been missing from the government’s… Read More
“Hoping for the best, prepared for the worst, and unsurprised by anything in between.” Maya Angelou, from I Know Why the Caged Bird Sings An engineer is trained through university and in the workforce to apply failure modes and safety factors into their designs. It doesn’t matter if it’s a structure, a circuit, a chemical or… Read More
Fed shed MBS. Loans to “SPVs” flat for fifth week. Repos in disuse. Fed still hasn’t bought junk bonds, stocks, or ETFs. But it sure sent Wall Street dreaming. By Wolf Richter for WOLF STREET. Total assets on the Fed’s balance sheet rose by only $83 billion during the week ending April 29, to $6.656 trillion. That $83… Read More