“Honey, My Team Won the War Game; the Bad News Is That My Side Played China.”

I was in Baltimore for a couple of days this week. I attended -- and spoke at -- a conference sponsored by Agora Financial called the “House of Cards” Symposium. The host of the conference was my colleague Jim Rickards, who’s a well-known expert on banking and finance, particularly on “war games” that incorporate monetary and financial angles.