Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
As a young person, I was provided plenty of information that I suppose would be characterized as received truth. I was informed that, as our Declaration of Independence cited, all men are created equal. I believed that. I was told that democracy, which meant one person=one vote, was the best form of government. I believed that.
I believed a lot of stuff as a kid. These days? Not so much.
There are seventy-six days until the very consequential midterm elections. Your hero is exceptionally unpopular, in spite of what you might be telling yourself, and his underling, Scott Bessent, well realizes he needs to do everything in his power to help. Thus, the power bottom of the Treasury just announced a DOUBLED of the quantitative easing program, plunging the nation even farther past its already $40 trillion in debt, all for the purpose of buying U.S. debt that no one else wants.
The effect has been immediately, as treasuries are soaring (I mentioned covering my TLT short and selling my TBT long yesterday):
As America continues to crumble for reasons I’ve pledged not to discuss, lest I pierce one group’s ostensibly thick and high-T-count skin, I applaud my bet-again-Mericuh, by way of my TLT short.
