A list of the obstacles he has had to endure from all sides. Don’t anyone ever again tell me how exceptionally ‘nice’ Americans are as a people… Even Reagan the simpleton, understood that you cannot borrow your way to prosperity. ECB considering dumping inconvenient rules surrounding its insolvent banking system… just like the Fed in 2008! A market ‘guru’. The housing bubble’s back. Making severe adjustments in real life. The pension nightmare: dead ahead. Litigation run amok. Millennials (rightly) hate boomers: boomers, watch out! Venezuela’s exodus stampede.
April 29, 2018