Daniel Lacalle: Global Slowdown About Debt-Saturation Not Trade War
“The trend of slowdown started way before the trade challenges started”
“The trend of slowdown started way before the trade challenges started”
“The whole thing is made up with a printing press, keeping a closed capital account, and hoping the world doesn’t notice it…”
“Almost 10 percent of global population live on islands”
The population of the US remained overwhelmingly east of the Mississippi River for the first several decades after independence
India holds a significant lead in nearly every category
Unless you think Parliament is going to actively vote for no-deal Hard Brexit two weeks before the deadline, there is no path to lead the UK out of the EU customs union
“If the Fed would replace the word ‘inflation’ with ‘cost of living,’ I think the discussion around their policy would be much different”
China created nearly $14 trillion more currency than the US in the last decade
Every one of nearly 12,000 battles referenced on Wikipedia since 2,500 BC
The Great Sphinx before its excavation, with the Pyramids of Giza in the background