Multiple states are now sending National Guard troops to Texas, where the local government is acting in open defiance against the Biden administration.
Oflog Chairman Lord Morse said the failures are ‘quite definitely’ related to management or governance, and warned councils against depending on bailouts.
James Nolt’s sense tells him that the likely form of quantitative easing in China is about more than economics, but rather a struggle of power and control.
After sending mixed signals to the market over recent weeks, sometimes stimulating, sometimes impeding markets, China might go all in and officially launch quantitative easing.