There’s an interesting trend happening: the sale of American treasuries by European countries, including their insurance companies and pension funds. The volume isn’t high yet but American media did notice this trend (eg, Bloomberg-2026). The above seems trivial but the devil is in the details: Any increase in sales will lower any market price, and/but a lower...
Intro LO: The recent warning of Janet Yellen (b.1946), economist and former US Treasury Secretary (2021-2025), has been on my mind for quite some time. I suppose this quote is essential for any country, and especially USA: "a state with increasingly expensive obligations and a very limited appetite for taxes." (Fortune) Note LO: markings in quote by me. Most likely,...
Intro LO: I recommend reading this recent PS article - and opinion. In my view, it's a fact though. For several years, I've been making the same point as the writer below: the end of American hegemony. However, in my view, Trump is just / only accelerating its tipping point: 6 November 2025: A new Moscow on the Hudson (6) 2 September 2025: Done with USA (2) 22 July...
Following American election results (eg, New York City, New Jersey, Virginia), I doubt that Europeans can and/or will truly understand Americans. European socialism is dead, while European nationalism is surging. “Zohran Mamdani was elected mayor of New York in a historic victory that will put an avowed democratic socialist — and the first Muslim...
Following my blog The definition of Life vs the Universe, a friend wrote: "Brilliant. I would rate this as one of your best Leon. I think this chapter marks a turning point in your how your analytical mind is expressing conviction". My reply: "The turning point might actually be that I've reached some kind of Finish line." I added some further thoughts: "It hardly...
Intro LO: In my view, the US$ decline was due for decades but the new US president caused its tipping point, “a point in time when a group—or many group members—rapidly and dramatically changes its behavior by widely adopting a previously rare practice.” (Wiki). Finally, we are willing to see a country busy with tax cuts for the rich while ballooning its already...
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