“The United States lost, and lost big.”
This is the Obama Doctrine.
A beautiful morning to all! Yesterday's stock dip rebounded w/ S&P actually closing up something too small to measure and metals also bounced off their floors. This morning's futures see more stock gains (+0.34%) and soaring metals (+0.89%). What's not to like? OK, so we got Crude Inventories and the Treasury Budget...
Degrade. Disrupt. Destroy. That’s the øbama way with regard to America.
Everything he does is a blunder. Take off the sleep mask, New York Times.
This is a “Progressive” critique from the left, not some sort of pro-corporate position.
As it is, US companies are highly disadvantaged by paying higher corporate taxes than most non-US companies—and by having to pay those taxes worldwide.
I don’t know enough about the larger bill, but this bill would stop the US from slapping its exorbitant corporate tax on all international activity of US companies—at least a start to leveling the field and freeing up US business.
The next obvious step is to reduce—or better yet, eliminate—the US corporate tax altogether. This is what is required to really make US companies competitive anyway.
We need to cure the American governments addiction to taxpayer money.
Helping corporations save money by relocating to lower taxing countries- in exchange for political donations- was a “blunder” eh?
Well, not from a politician’s point of view LOL!
So....what to make of this?
Bond crash across the world as deflation trade goes horribly wrong
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/11666355/Bond-crash-across-the-world-as-deflation-trade-goes-horribly-wrong.html
I read AE-P’s article.
Is he hyperventilating to attract attention & hits or....
Is he correctly forecasting that the music will likely stop soon?
I have no idea what to do other than withdraw a bit more cash from the ATM.