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Joined: Aug 2007
Posts: 7,124 Likes: 87
Top 40 Poster
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Top 40 Poster
Joined: Aug 2007
Posts: 7,124 Likes: 87 |
Next up...the weakening of the US dollar
Given the chaotic nature of US behaviour, investors and holders of US dollars and its national debt are fleeing.....
Lower US dollar, higher borrowing costs.
Not the sky falling....real consequences.
Decade low against the Swiss Franc, 3 year low against the Euro...Canadian dollar up too Maybe so. The stock market was due for a correction from the high regardless of who was president. 20% would be 36k. It is currently at 39k. Personally I consider 20% a needed correction to achieve a more stable footing. There will be other ramifications to a broad disruptive action. As for all of the other horrible things that may happen if Trump isnt stopped right now? The choice for many of us is a continuation of the downward spiral and bifurcation of wealth that Nancy Pelosi clearly laid out in the video posted, versus letting a president such as Trump see what he can do about it. Foreign interests and incurable TDS patients are all screaming that it is the road to hell. But there are many of us in the US who have said for decades, that we are already on the road to hell. The "rust belt" alone is proof. Let's see what ACTUALLY happens when Trump tries to get us off of the road to hell. Buckle up. Marty
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