The 7-day average of US Corona Virus Death is looking a bit
better. Hopefully, it can take out the lower yellow line.
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Johnson said on Saturday that a planned bill, which would breach a divorce treaty with the bloc, was needed to protect Britain’s integrity. However a no-deal Brexit would hurt the British economy a lot more than the European Union, German Finance Minister Olaf Scholz responded. “Europe would be able to deal with it and there would be no particularly serious consequences after the preparations we have already made,” he added.
Hate Social Media? You’ll Love This Documentary
The Social Dilemma argues that humanity’s greatest existential threat is not climate change, but Facebook.
AKA The Plague on Humanity
(FT)Those boats in Texas paraded at the wrong speed
The Trump boat parade on Saturday in Texas failed to do these things, and ended up fighting an opponent more formidable than any Democrat: physics.
Suggested
Reading regarding CLO's: The Looming Bank Collapse
Unless you work in finance, you probably
haven’t heard of CLOs, but according to many estimates, the CLO market is
bigger than the subprime-mortgage CDO market was in its heyday. The Bank for
International Settlements, which helps central banks pursue financial
stability, has estimated the overall
size of the CDO market in 2007 at $640 billion; it estimated the overall size of
the CLO market in 2018 at $750 billion. More than $130 billion worth of CLOs
have been created since then, some even in recent months. Just as easy
mortgages fueled economic growth in the 2000s, cheap corporate debt has done so
in the past decade, and many companies have binged on it.
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