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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."
Friday, April 1, 2022
Recession is inevitable according to the chart-readers
The 2-year pays more than the 10-year. The spread is 0.06.
The idea is that ten-year money will return less over the next two years than the two-year money, so who in his right mind would tie up his money for ten years?
