Posted by Jack Crooks - Black Swan Capital
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Mark Twain is quoted as saying, “History doesn’t repeat, but it does rhyme.” Today’s rhyme may be sublime.
The dismally uncooperative IMF meeting was followed up nicely by a US Presidential debate turned China-bashing session. Global cooperation is a shambles. We have seen this before at a seemingly similar moment in the global economy. We know how that ended.
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