Currencies

I'm Buy-Now-Pay-Later Man,

I live on a credit plan.

I see it, I want it, I get it, you see,

No money? No problem, it's all so easy.

I'm Buy-Now-Pay-Later Man,

I live on a credit plan.

America’s Treasury Department removed the designation of currency manipulator from China five months after the moniker was given.  This seems reasonable since the two countries were in the process of negotiating the now-signed “phase one” portion of a larger trade agreement.  Pejorative monikers probably don’t make deliberations easier.

Fire and Ice

Atlas is a peaceful bunch.  We don’t like wars, including those revolving around trade.  But everywhere one looks it seems like nations are turning their backs to one another.  Instead of finding new ways to work together and prosper, countries are looking for new barriers.  This is not just a recent phenomenon.  Brexit started off two years ago as the U.K.