Karl Denninger wrote..

"that ends our conversation and damages both our working relationship and friendship"

That someone would say this is really telling of where most Americans are. They are completely invested in the status quo and will resist, with all fervor, any attempts to tell them to truth. If this person thinks truth telling will damage your personal/working relationship with him/her, wasn't a good, nor close, associate. Person did you a favor.

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"Let China sleep, for when she wakes, she will shake the world." - Napoleon Bonaparte

"Circulation ceases first at the outer edges [Europe and Japan]. It will take a while y