Train Wreck

The train wreck in Palestine Ohio seems emblematic of the state of the nation and collective west. We've come off the rails economically, politically, socially, militarily, ecologically... There was some good news this week in the Netherlands, as the farmer protest party (BBB) won the largest number of members of their upper senate. Xi heads to Moscow this week. He may have a concept for peace in Ukraine. If that's true, my bet is the US will oppose it. Much more below the fold...

The Federal Reserve has not had an operating loss since 1915. However, that more than a century-long streak came to an end this year.