Quote:
Originally Posted by thommy
possibly it will - but NOT on the longer term.
the bomb is already ticking and NOBODY can stop it anymore. not even trumpīs impeachment can change that because the money is already in the flow.
crouch and wait for the bang is all one can do now.
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I'm well aware of that but its not longer term, its happening right now before our eyes and a bounce back just adds to the issues. People and Governments have been over spending/borrowing based on artificially low interest rates and I'm guilty of it too
I see interest rates being closer to 5% before we know it, and Trumps policies have just given them the kick start to move there... while deregulating banks. ^^ USA just brought a heap of cash back in to the economy, all but handed out billions in cash bonuses and cut government income. Its almost as if they are going out of their way to create a perfect inflation bubble.. at a time when individual Americans and the American government are in the highest debt levels ever.
It's madness IMHO. And before a Trump lover or your only friends.. Russians comment on that, as a foreigner webmaster making money in the USA, we will make more money as the USD strengthens, but its you the Amercian people who will be paying for that.
So thanks!