First Ned Schmidt and I discussed the impending Hogpocalypse. African Swine Flu has decimated the Chinese pig herd leading to big potential problems for them, as the US is one of the few countries with a hog surplus, although not big enough if the disease continues spreading unchecked. Ned and I were among the first to bring this critical issue to your attention. Next, we talked about what’s a zombie central banker to do? Draghi has been doing whatever it takes to keep the Euro and European Countries afloat. But overnight lending rates are already negative. How much more negative can they go?
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