The Donald has flipped-flopped so many times in the past week that we are suffering from heavy duty vertigo. In the Wall Street Journal interview Wednesday afternoon, for instance, he reversed himself on China's currency manipulation, the Fed and the Ex-Im bank in nearly a single breath; and before the ink was even dry he was at the White House podium averring that NATO wasn't obsolete after all and that the "stupidity" (his earlier words) of intervening on both sides of the Syrian civil war had been "very, very successfully done"(his latest words).
Donald J. Trump: America's Flip-Flopper In-Chief
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David Stockman’s Contra Corner isn’t your typical financial tipsheet. Instead it’s an ongoing dialogue about what’s really happening in the markets… the economy… and governments… so you can understand the world around you and make better decisions for yourself.
David believes the world -- certainly the United States -- is at a great inflection point in human history. The massive credit inflation of the last three decades has reached its apogee and is now going to splatter spectacularly.
This will have lasting ramifications on how governments tax and regulate you… the type of work you and your family members will have available and what you get paid… the value of your nest egg… and all other areas comprising your quality of life.