1/ There is a growing narrative that the market's apparent confidence in Trump means all is well.http://marginalrevolution.com/marginalrevolution/2017/02/vix-show-far.html …
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9/ Checks and balances are a) not free b) mostly paid for as 'insurance costs' in non-priced ways c) by people who can least afford to do so
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10/ And this is just micro-level issues with market-based narrative of 'everything is fine' there is the macro-level: fine compared to WHAT?
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