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The tyrant "has desires which he is utterly unable to satisfy, and has more wants than any one, and is truly poor, if you know how to inspect the whole soul of him: all his life long he is beset with fear and is full of convulsions, and distractions, even as the State which he resembles."
Thursday, August 15, 2019
Notice how five of the seven 30-year bond yield dives are a feature of the recent period since the 2000 bubble
And notice how all the episodes of great stress are post-1986 tax reform.
The chickens . . . are coming home . . . to roost!