Sunday, March 19, 2023

Good explanation of SVB bank failure, why bond prices down when interest rates up. https://www.npr.org/2023/03/19/1164531413/bank-fail-how-government-bonds-turned-toxic-for-silicon-valley-bank Ppl don't see that the whole world is interconnected macro vs micro ecos.
From Internet--Golden Rock Pagoda at Sunset--Burma. 3-19-2023

From Atlantic Council--copied and pasted--

Matt, you host a show called “So What’s the Strategy?” What do you think US strategy in the region is right now? Matt Kroenig: If there i...