By John Rubino – Re-Blogged From Dollar Collapse
As contentious as the US midterm elections were, there was never a scenario in which they mattered. Any possible configuration of Republicans and Democrats in the House and Senate would have yielded pretty much the same set of economic policies going forward: Ever-higher debt, upward trending interest rates and (through the combination of those two) rising volatility.
So with the sideshow now in the rear view mirror, we can get back to our new normal. From this morning’s media reports: