Quote:
Originally Posted by Bladewire
#ThanksPutin
Increased oil prices, real good for the top 1%, not good for the average person.
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the oil price decreased - this is actually what trump wanted to lower the dollar. but as we see now that does not work because euro dropped even more. and this is also the reason why the DOW came back because cheaper oil price means more profit for all companies what are depending on those spendings (and these are MANY)
trump wants a weak dollar because he needs the exports.
he does not understand that exports are not alone a question of cheap currency - it has to do also with quality and the will of the countries to import from usa.
on the other hand a weak dollar will make the imports to the usa more expensive and this will create inflation.
when inflation increases, the stocks market will go down, gold will go up, jobs will be lost and companies will move to other countries to use the effect of local currencies, cheaper wages and MUCH less taxes.
this year looks like a economically good year for USA - but it isnīt. you will see it in the beginning of next year what he really did. and to fix that will need MUCH more time as trump needed to destroy the economy, the good name of america and the good neighborhoods inside the country.