…Speaking of debt, should I be hopeful that you & KMM had a “productive meeting?” Do you think that daily phone calls will do the trick? Do you think that conflict can be constructive?…
…The NYT says the G7 crew is unpopular at home & was full of troubling info like the fact that only “4 out of 22 major countries studied had approval ratings above 50%” & “freedom has retreated around the world 17 years in a row.”…
…Please monitor the situation in Bangladesh & Burma where Cyclone Mocha hit. It was a Cat 4 storm with winds & storm surges that could knock out lots of dwellings. .. As you know, folks in that part of the world are burdened by conflict, poverty, & weak community resilience. They simply cannot afford another disaster. Please figure out a way to help them.
…a default on our debt will make the value of the $$ plunge worldwide. Someone quoted in the G called it “economic apocalypse.” You could always choose to ignore Congress & continue to pay the debt since Alexander Hamilton insisted, the fed government needs “a national credit rating beyond cavil or reproach.”