Fascinating times we live in. Democracy is struggling. Nations are caught with crippling budgets, unpayable debt, and gridlocked political systems that mitigate against solutions. Don’t you hanker for the old days, when the king could just lop of some heads to make things happen? That’s one solution for the USA, according to some.
Bread and circuses are one of the ancillary costs of dictatorship. Where do military parades come in that equation? The future lies in Bond Yields, but tradition and national spirit remain a key part of the decision to invest in nations.
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