When Jerome Powell started his testimony today, the Dow was up 125, & heading higher. As he spoke it drifted steadily downward, as usual, and is now at -15. Germany & other countries get paid to borrow money. We are more prime, but Fed Rate is too high, Dollar tough on exports.
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“He got along with everybody and yet, he was a tough cookie in a lot of ways. Honestly, he was a great politician. People don’t realize what a good politician he was… This man was a great politician. He really got it.”
If they don’t behave, we’ll go right back to dropping bombs right smack in the middle of their head.
Look at NATO. We spend hundreds of billions of dollars protecting Europe from Russia, hundreds of billions, mostly from Russia, but from other things, too.
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