We suspect a big disaster is coming later in the century…and why we suspect it will be centred in the Fake Money Capital of the World – the USA.
The cost of living has continued to rise. By the 21st century, the typical man had to work twice as long to buy an average house and an average car as he did in 1975.
It will be one of the interesting events in our history as the US confronts China over its trade practices. For now, all we can do is have faith that fairness will prevail.
China has been providing Americans with low-cost goods for nearly 40 years…with trade barriers coming down steadily. Suddenly, the China trade is unacceptable.
In the ongoing trade war, the Chinese are unleashing their own dogs. They’re now threatening to stop buying food from the US altogether and even sell their US Treasuries.
Banning trade didn’t work for North Korea. Instead, it created a Hell on Earth. But how about the US? Would it create an Eden here?
The stock market was rattled after Donald Trump threatened to raise tariffs on Chinese goods.The Chinese replied with silly threats of their own.
Mr Trump watched the stock market sink; the Dow dropped as much as 648 points intra-day. He fully intends to blame the next downturn on the Fed.
It might be years, maybe even decades, before we see another black swan. That’s what China’s hoping for at least…
A local strategy is usually one that dominates over time. And as we move to a localised world, I think these locally dominant companies are the ones that will benefit.
The show went on! And, as we predicted, The Donald claimed victory…and stocks went up. Fake money. Fake interest rates. Fake employment. Fake boom.
This is the big day. The music starts. The lights go on. And the curtain rises. Trump meets with China’s leader and decide the fate of the world economy.
The Fed’s big mistake following the 2008 crisis was holding interest rates down too low for too long. This discouraged saving and made debt more attractive.
On the eve of Thanksgiving, we consider what’s most important in life: community, togetherness, and the golden opportunity to focus on each other.