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washparkhorn

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Everything posted by washparkhorn

  1. German components in the X5’s assembled in SC be cheaper if priced in Euros.
  2. Wrong way. The price of imports to the US goes down with a strong dollar. The price of exported American goods abroad goes up. A BWW in every American garage?
  3. US Dollar continues to reign supreme. Flight to safety plus hawkish Fed. International Capital adores austerity for the masses. —————————- Employment outlook - storm clouds on the horizon with 50% of firms surveyed planning layoffs https://www.bloomberg.com/news/articles/2022-08-18/layoffs-are-planned-at-half-of-all-companies-pwc-survey-shows
  4. washparkhorn

    Insulin

    Fucking Repubs. Vote them out.
  5. Nationalist Christian Party (“Nat C”) is alive and well in America.
  6. ‘There is a cult of ignorance in the United States, and there always has been. Anti-intellectualism has been a constant thread winding its way through our political and cultural life, nurtured by the false notion that democracy means that “my ignorance is just as good as your knowledge.”’ - Isaac Asimov, 1980.
  7. “Imposed” is spot on. The efficiency gains from decades of neoliberal economic policy are crumbling. On-shoring will become more important for American economic stability.
  8. GB with a 10% inflation rate. The US is the prettiest ugly chick at closing time right now.
  9. A reminder of what normal transitions looked like before Trump:
  10. Bad news is good news for the markets. As the risk of recession grows (hard landing), the Fed should slow down or pause rate hikes. The rub is the Fed is a little touchy about its reputation as dovish, which raises the possibility the Fed will stick to its hawkish stance longer than merited by actual conditions - worsening any downturn. To the Fed, inflation is worse than recession. Your mileage may vary.
  11. “Out of the mouth of babes and sucklings hast thou ordained strength because of thine enemies . . .”. The animal spirits play a large role with inflation. It is known. Cost-push or demand-pull inflation is fought with the same tool: demand destruction.
  12. Not really. More supply chain trouble in China ahead. Butterfly flapping wings in China affects globalized capitalism. Same as it ever was - since 1980.
  13. China has the flu. More supply chain trouble ahead.
  14. Treason would depend on what he did with the information. Too early to conclude whether treason is on the menu.
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