{"id":47031,"date":"2019-07-02T09:23:05","date_gmt":"2019-07-02T14:23:05","guid":{"rendered":"https:\/\/olduvai.ca\/?p=47031"},"modified":"2019-07-02T09:23:08","modified_gmt":"2019-07-02T14:23:08","slug":"rabobank-there-are-lots-of-comparisons-one-can-make-to-the-1930s-at-the-moment-none-flattering","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=47031","title":{"rendered":"Rabobank: &#8220;There Are Lots Of Comparisons One Can Make To The 1930s At The Moment, None Flattering&#8221;"},"content":{"rendered":"\n<h3 class=\"wp-block-heading\"><a href=\"https:\/\/www.zerohedge.com\/news\/2019-07-02\/rabobank-there-are-lots-comparisons-one-can-make-1930s-moment-none-flattering\">Rabobank: &#8220;There Are Lots Of Comparisons One Can Make To The 1930s At The Moment, None Flattering&#8221;<\/a><\/h3>\n\n\n\n<p class=\"wp-block-paragraph\">Yesterday\u2019s 1 July handover day celebrations in Hong Kong did not go as smoothly at all. After rain had forced the flag-raising ceremony indoors for the first time, early clashes between police and protestors were a harbinger of what was to follow. While hundreds of thousands peacefully marched,&nbsp;<strong>thousands of very young protesters literally tore their way through to occupy and graffiti the Legislative Council (LegCo):&nbsp;<\/strong>they blacked out the Hong Kong symbol above Chief Executive Carrie Lam\u2019s chair; briefly lay the British colonial flag on her desk; insisted Lam resign and the Extradition Bill be scrapped, not paused; and left a banner demanding full democracy.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">This raises the stakes in all manner of ways. Lam is refusing to move on any front; the silent majority might be sympathetic to the goal but are far from happy with the recent disorder; Beijing is no doubt furious; pro-China protests and groups are already emerging on the streets too, suggesting clashes may occur at some point; and journalists who spoke with the teenagers in LegCo report many profess to be desperate enough to die for their cause. In short,&nbsp;<strong>the situation is far from good \u2013 for Hong Kong, for markets,\u2026and perhaps for the HKD if one looks further out(?)&nbsp;<\/strong>Don\u2019t forget that the US will be watching closely what happens in terms of HK\u2019s autonomy and its legal recognition of the territory.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">At the same time,\u00a0<strong>Iran announced, and the IEAE confirmed, it had exceeded the 300kg uranium-enriching limit set in the 2015 nuclear deal<\/strong>. While Tehran can still step back from this, they are demanding Europe act on circumventing US sanctions on it forthwith to do so. That action will almost certainly trigger a sharp US reaction. <\/p>\n\n\n\n<p class=\"wp-block-paragraph\">&nbsp;\u2026click on the above link to read the rest of the article\u2026<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Rabobank: &#8220;There Are Lots Of Comparisons One Can Make To The 1930s At The Moment, None Flattering&#8221; Yesterday\u2019s 1 July handover day celebrations in Hong Kong did not go as smoothly at all. After rain had forced the flag-raising ceremony indoors for the first time, early clashes between police and protestors were a harbinger of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[1849,24135],"class_list":["post-47031","post","type-post","status-publish","format-standard","hentry","category-economics","tag-financial-markets","tag-michael-every"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/47031","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=47031"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/47031\/revisions"}],"predecessor-version":[{"id":47032,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/47031\/revisions\/47032"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=47031"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=47031"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=47031"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}