Bubbles last until they feel like fundamentals, and until last week, investors believed that tech stocks could only head up and the Japanese yen could only head down. By Monday’s market opening, investors cowered for shelter as the two bubbles popped in unison. The Biden administration in Washington and the Kishida government in Tokyo both […]
Author Archives: David P Goldman
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Biden’s to blame for US inflation
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Debunking China’s overcapacity myth
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