Much of the routine trade and investment between China and America is entirely appropriate and in America’s interest. But inserting the Chinese Communist Party into America’s pay-to-play system and its economic development strategy isn’t just crossing a line. It’s a leap into an abyss of stupidity.
https://www.bloomberg.com/news/articles/2020-06-08/citigroup-sees-illinois-bonds-already-pricing-in-worst-outcome Citigroup Sees Illinois Bonds Already Pricing In Worst Outcome “When it comes to Illinois bonds, Citigroup Inc. says the worst-case-scenario has already been priced in, Bloomberg News reported.” * Priced in my a$$…the insiders are telling their clients to sell Illinois bonds while at the same time reporting that it’s a great time to buy because the worst outcome is already priced in (and getting more expensive to buy IL bonds too!) * I think we’ve seen this all before… “When the music stops, in terms of liquidity, things will be complicated. But as… Read more »