Yesterday we published the first set of 7 "What If" scenarios that didn't make it into the Citi Credit team's (already rather gloomy) year-ahead forecast. Because while Citi's "base case" was clearly bearish (our summary can be found here), what was left unsaid was even more unsettling, if not troubling. As the bank's credit team wrote "what about the outcomes that didn’t quite make it into our base case?
Authored by James Traub via Foreign Policy,
The United States of America Is Decadent and Depraved
The problem isn’t Donald Trump – it’s the Donald Trump in all of us...
The United States announced a $285 million cut in the United Nations' "bloated" budget for next year, negotiated by UN Ambassador Nikki Haley. A statement by the United States Mission to the United Nations reads:
Tesla is an uninvestable stock for me, not just because of its high valuation but also because it fails our fairly basic quality test, which I shamelessly borrowed from Warren Buffett: Would I still buy this stock if right after the purchase the stock market were to close for ten years? If you are a big Tesla car and stock fan, before you start throwing rocks at me, pause and wait till you finish this article – the rocks and I will still be there.
Authored by Phil Rockstroh via ConsortiumNews.com,
The Strangelovian palaver of Russia-gate is embraced by many liberals as some totem to ward off the vile Donald Trump, but this dishonest process only furthers the cause of American Empire and risks global destruction...
Peter Sellers playing Dr. Strangelove as he struggles to control his right arm from making a Nazi salute.