The peso drops again, inflation surges, nothing is fixed.
Japan systematically dumps US Treasuries while China hangs on.
But no blood in the streets. Just a rate-hike cycle at work.
Despite the hand-wringing in the headlines.
The Fed leads, the ECB follows.
But the crash-insurance policy is a one-time deal. And then what?
Wolf Richter with Jim Goddard on This Week in Money.
The Price of Easy Money, Low Interest Rates, and Debt Bubbles: Wolf Richter with Jim Goddard on This Week in Money.
Bain Capital sold it to them.
Prices boil over in some cities and hot air hisses out of others.