Minor breaking news (today):Medium breaking news (yesterday):(“Medium” only because nobody is really surprised at this point. Dog bites man.)Major breaking news (last night):Every bit of it points to the reality hardly anyone is talking about:Kudos to WSJ Opinion for being one of the few mainstream outlets to lay out the big picture here , in this terrific essay by Brian Gross (described as “a staffer for the Federal Reserve Board, the Securities and Exchange Commission and the U.S. Senate”):An excellent excerpt:I agree with every word. Subscribe now
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