The chart of the day is courtesy of The Telegraph and discussed by Sol Palha on Safehaven, that shows several Global Central Banks have embraced very low interest rate or even Negative Interest Rate Policies (NIRP) to try and arrest deflation and fuel growth. The jury is out on whether this would work long term as such an experiment in Japan is ending in failure.
As Russian Troops Broke Through Ukrainian Lines, Panicky Ukrainian
Commanders Had No Choice But To Deploy One Of Their Least-Prepared Brigades
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The situation in Ocheretyne is desperate for Ukraine. The army was
compelled to deploy the lightly-armed 100th Mechanized Brigade into combat
with a bigger...
7 minutes ago