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“If you don't read the newspaper, you're uninformed. If you read the newspaper, you're misinformed.”

“Whenever you find yourself on the side of the majority, it is time to reform (or pause and reflect).”

― Mark Twain



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The term "false flag" can be traced back to the 16th century, where it initially denoted a deliberate misrepresentation of one's allegiance. Notably, it found prominence in describing a tactic employed in naval warfare, where a ship would hoist the flag of a neutral or adversary nation to conceal its true identity.

Debt issuance is going parabolic, and the West is having trouble servicing it. While the public still believes delusions like "Balanced Budgets" will make America great again, they ignore the reality that major buyers of US Treasuries have been steadily reducing their positions since 2011, and much more aggressively since 2017. What do they know?  The fundamentals never matter in the end.  Follow the money!

Treasury International Capital

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