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Sep 23, 2022Liked by Peter Nayland Kust

As we look around the world it seems most leaders are paddling canoes toward waterfalls.

If only one or two showed the slightest hint that they might begin to paddle in the opposite direction, then financial markets would still need to judge whether it is too late already. We'll soon see.

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Quite right.

Personally, I'm leaning toward it already being too late. Too much has been done that cannot be easily undone.

I really hope I am wrong.

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