small technology, but manufacturing technology-based startup. He was apoplectic about this. Another gentleman at the table who does a lot of work in Germany had been in Germany talking to a business, a group of business leaders in Germany. He had with him American financier who may end up with a political role. He said that the Germans were, there was white heat coming out of the Germans, that what they termed economic vandalism of the Trump administration. Dmitri's question is such a great one because the world that we inhabit, when these things happen, we're spending our time thinking about what ought we to do about this? What's going to happen? What should we do? Businesses are thinking about, okay, what do I have to do now? And they're two very, very different courses of action. We can have this moment of inertia where we think, well, maybe we'll just let this play out a bit longer. We've seen yield spike and we saw there was an immediate reaction when the 10-year spiked. So maybe (42/99)
You are viewing a single comment's thread from: