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The End of Exceptionalism
Blain’s Morning Porridge April 9th, 2026: The End of Exceptionalism
“I saw a death-head sticker on a Cadillac.”
There is something deeply unstable underlying current markets. They don’t feel right. Something has changed. What could it be? It’s likely to be how Trump’s misjudgements in Iran and over NATO have reset expectations and accelerated the end of the American Age. The implications are huge.
Interesting Global picture this morning. Not much of a ceasefire in the Gulf, but the massive de-escalation rally continues apace. It’s founded on a very unlikely premise – that the World will…
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