KyiMayKaung

Burma, America, The World, Art, Literature, Political Economy through the eyes of a Permanent Exile. "We must take sides. Neutrality helps the oppressor, never the oppressed. Sometimes we must interfere. . . There is so much injustice and suffering crying out for our attention . . . writers and poets, prisoners in so many lands governed by the left and by the right." Elie Wiesel, Nobel Peace Prize Speech, 1986, Oslo. This entire site copyright Kyi May Kaung unless indicated otherwise.

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

KyiMayKaung

Sunday, March 19, 2023

Much to read from the Atlantic--incld--Friday Night Massacre.

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