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US Govt Opened

Added 2025-11-13 04:51:13 +0000 UTC

A lesson in negotiating tactics.

I rem over a qtr of a century ago we had a class at Wharton around Negotiations.... I rem it to this day - and it is pretty freaking simple - Whoever controls the scope defines what the negotiation is about and the assumptions both sides accept as reality. Done. A total nonsense experiment.

Anyhoooo.... Even though the U.S. government was shut down for 43 days, it still borrowed 2/3rds of a Trillion dollars which works out to about $5 billion every day. In other words, government spending never really stops, even during a shutdown.

The shutdown has now officially and Pres signed the bill to reopen the government.

This shutdown has also dinged the economy - i reckon $32BN a week for 6 weeks is $192BN.

Meanwhile, silver prices have jumped 11% in just five days, and if $2,000 stimulus checks are approved, silver’s rise could speed up even more. Gold up also along with Semiconductors.

Bitcoin and Crypto Still struggling and has not reacted to teh breaking news.