THE CONTINENTAL SYSTEM IS BETTER AT RESTRUCTURING —“Trump just said it’s fine

THE CONTINENTAL SYSTEM IS BETTER AT RESTRUCTURING

—“Trump just said it’s fine with him if China stops trading with the U.S. He had better hope China doesn’t take him up on his offer. Retail sales and the stock market would plunge, layoffs would soon follow, and both consumer prices and long-term interest rates would surge.”–@PeterSchiff

They would only plunge long enough for the capital to reorganize to seize the available opportunities – which are vast – as are the returns. This is why the Continental order is better – they can hold policy over twelve or more years: long enough to reorganize a malinvestment.