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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."
Saturday, August 31, 2019
Whenever very short rates start to pay as much or more than the longest rate, recession follows in short order
The 3-month Treasury now pays more than the 30-year in the last four days of August 2019.
