fed taper in december, page-26

Hi once again Pintohoo and all,

Sorry grammatical corrections called for maybe a little too much champagne yesterday in the Sunseeker lounge Southampton: (Boat show.)

People might think I have the IQ of a village idiot.

First paragraph should read:

In regards to a US default don’t forget they do have the runs on the board already. Closing the Gold window in August 1971 was a default in anyone’s language and particularly in French!

Cheers and very best regards: Andy