Latest from Mark Z ~ 7.23.24
MZ: Some interesting historic bond stuff. I am hearing comforting things from the bond side and this is coming from many sources….that historic paperwork –especially on the Asian bonds was sent to the Hague.
MZ: I am also hearing the only reason the RV did not go over the weekend was fights over the value of some old German bonds. But things are now “unstuck” and seems to be moving much quicker now that the current administration is no longer delaying things . They are too preoccupied to keep slowing and stopping things right now.
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MarkZ
[via PDK]
I am...hearing the only reason the RV did not go over the weekend was fights over the value of some old German bonds. But things are now “unstuck” and seems to be moving much quicker now that the current administration is no longer delaying things . They are too preoccupied to keep slowing and stopping things right now.
I know of a lot of banks with meetings…Are they preparing for a banking crash? Are they preparing for a Re-valuation? What are they preparing for?
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