Slate Money: McDonald's Fast Food Price War
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Bond Spreads, Fiscal Irresponsibility, and Political Impact on Bond Markets
The chapter delves into the current bond spreads situation, fears of fiscal irresponsibility in France, UK elections, and the influence of politicians on bond markets, discussing the concept of bond vigilantes. It explores how past fiscal policies of governments like the UK and the US have been punished by bond vigilantes and compares the potential impact of politicians such as Rishi Sunak, Kia Stama, Emmanuel Macron, Marine Le Pen, Donald Trump, and Joe Biden on bond markets. The discussion also touches on baby name trends, a woman's extravagant auction spending on Stephen Sondheim's personal effects, and office seating trends like increasing unassigned seating.
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