20 points | by NordStreamYacht an hour ago
3 comments
> The reserve was designed to handle five full drawdowns over its lifespan. Instead, it has undergone dozens of cycles over 40 years.
It was not designed for American politics. This feels like a failure of applying realistic, knowable expectations.
Knowable but not admittable, maybe
[delayed]
> The reserve was designed to handle five full drawdowns over its lifespan. Instead, it has undergone dozens of cycles over 40 years.
It was not designed for American politics. This feels like a failure of applying realistic, knowable expectations.
Knowable but not admittable, maybe
[delayed]