Denarius Prime

macro

🇺🇸 The ten year hit 4.9% for the first time since 2023, up 95 basis points since the war began. Economist Martin Armstrong was in the room for the Plaza Accord in 1985, warning officials that devaluing the dollar 40% would end in a crash. Two years late

🇺🇸 The ten year hit 4.9% for the first time since 2023, up 95 basis points since the war began. Economist Martin Armstrong was in the room for the Plaza Accord in 1985, warning officials that devaluing the dollar 40% would end in a crash. Two years later it did. - x.com