Im not American but I’ve used USPS for forwarding stuff from US from/to my own country, never had any issue. I’ve found the tracking to be reliable.

I think half of porch pirate bullshit Americans face could be fixed if they didn’t place boxes outside and required signatures.

Crime is legal

Pretending to be a third world country fiscal capacity wise by strangling yourself with fiscal rules isn’t the same as your entire debt being in foreign currency (with PIIGS, the Euro).

They can’t attack him for his Blackwater stint (i even doubt most americans in general would care) because Fox loves that about him, so they have to do all this petty bs.

Inflation expectations cause uncertainty abt Fed raising short term rates, and that shows up as lower prices for existing long term bonds.

In case the UK, the BOE is working against the Government too by dumping their stock of bonds into the market causing even more temp dislocation away from expected future short term rates.

Its happening with almost all the markets even outside the US.

But again, a policy choice, Congress can implement a permanent yield curve control program so all the points along the curve becomes a policy variable like short term rates.

And it can also make a law so Treasury’s account at the Fed can go into negative so all the accounting gymnastics of issuing Treasuries for capitalists to speculate on goes away

Tbf most of it was from when the Peso was devalued sharply.

It’ll take off like a rocket when Peso is once again forced to float or devalue because there’s simply not enough net foreign currency reserves.

Their foreign currency reserves after subtract foreign currency liabilities is still in negative. And the pretend float isn’t helping.

Turns out foreign currency debt doesn’t care about how much austerity you do. In fact, austerity worsens productive capacity which weaken forex earnings.

Yea, the 10 year gilt yields are rising because of uncertainty and the press is calling it another Truss moment or whatever (in reality it doesn’t mean much and will go down). I meant they can make it so HM Treasury can instruct BoE to buy as many gilts as needed at a fixed price to keep yields fixed, so all the fearmongering stops.

Or simply stop issuing gilts (end so called ‘full funding’ rule), and have HM Treasury’s account at the BoE go into overdraft. Either way works. To provide interest to regular people, HM Treasury can provide savings account which yield 3-4% or partly index to inflation so workers keep savings intact upto a certain amount (in extreme stress, like a war or climate change related shocks, payments may be deferred).

UK Labour Govt facing the consequences of not eliminating (or at the least controlling the yield curve) the bond market which they could’ve easily done by simply passing a law.

Ultimately, it won’t be financial market that brings down the Labour Government but party infighting.

Nothing ever happens with sovereign currency bond yields is a good heuristic.

Fed can contain yield curve any time they want. But they don’t need to since if expectation of future short term rates (if fed raises short term rates, the existing bonds become less valuable so yield goes up because of expectations even before it happens) go back down which it’ll if the Fed doesn’t raise, the yields stop climbing. It’s simply not in the “do OMO for long term bonds” yet.

See

Does makes sense, it would be good for tourism payments. Tourists come in, state and private banks get foreign currency and the mafia class you suggested take a chunk off it.

I think the most worrying part is the Syrian state may end up being indebted to Turkey in Lira if tourism inflows aren’t enough.

More private debt

In a vaccum it’s good that Syrians get official access to foreign currencies, but the Gov is AQ.

And fundamental constraints continue on Syria, like low tax collection, force ppl to Syrian Pounds over Lira or Dollars.

And the foreign currency access may be financed by the Govt taking on more foreign debt too.

ownership is diluted afaik. however, if you don’t care about EPS/dividends, votes and only about capital gains (secondary market price appreciation), then yea in that sense, there is no ‘dilution’.

It’s primary ie new issue shares

Under the terms of today’s announcement, the government agrees to purchase 433.3 million primary shares of Intel common stock at a price of $20.47 per share, equivalent to a 9.9 percent stake in the company.

https://www.intc.com/news-events/press-releases/detail/1748/intel-and-trump-administration-reach-historic-agreement-to

i’m with the bureaucrat looking Gunther

India can’t hope to play both sides. The Government is playing pretend, another recent ploy being that it’ll increase domestic demand by cutting consumption taxes. Yet, given that they haven’t said they’ll abandon self-imposed fiscal deficit constraints or raise taxes on those who don’t consume (i.e. the rich), any cuts in consumption taxes will be ‘paid for’ by cuts in welfare and social spending, netting to zero.

They’ll shake hands with Russia & China, but then what? Will Russia & China buy Indian export sector which is facing a shock due to Trump? Russia & China won’t accept Indian goods, so it has to pay with hard currency like Dollars, Dirham etc. which it has to obtain from exports to U.S. and the West and capital inflows from the same. India has a trade/current deficit with China & Russia because it gets Dollars by exporting to the U.S as well as “investments”.

F**k Israel.

D***h to the IDF.

“Don’t ask KHAMAS how they feel about gays though”