Right things are just fucking peachy.
Bonds discount to yield.
Trump is just rattling China's cage (for now) playing both sides against the middle is how bankruptcy artists work. Right now US debentures are selling above par so some decline can be tolerated. When banks want to lend me money at below prime rate for short term periods -- the writing is on the wall
Smells like the run-up in 2005 - 2006. Trump can call Hades and make a deal with the Devil anytime he wants -- problem is the play is in motion before he makes the call.
Quote:
Tea party standard-bearer Sarah Palin, under consideration to join Donald Trump?s cabinet, has just blasted the tax deal the president-elect negotiated with Carrier, condemning it as ?crony capitalism.?
Trump and Vice President-elect Mike Pence helped arrange $7 million in Indiana tax breaks over 10 years for Carrier in exchange for the company?s promise to keep about 800 of 1,400 jobs in the U.S. instead of moving them to Mexico. In addition, Trump threatened to impose a stiff tariff on Carrier products if they sent all of the work across the border.
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https://news.google.com/news/?q=palin+crony+capitalism
