Johnny-O is correct! Who do you think is going to pay the inflated price for goods if those tariffs are imposed (that's us, if you can't do the math). We are in a no win situation. International players holding our US bonds (national debt) are considering their options which doesn't bode well for us. The FED holds the cards and they ain'…
Johnny-O is correct! Who do you think is going to pay the inflated price for goods if those tariffs are imposed (that's us, if you can't do the math). We are in a no win situation. International players holding our US bonds (national debt) are considering their options which doesn't bode well for us. The FED holds the cards and they ain't on our side. 2025 is going to be a wilder ride than 2024.
Yup, and countries have been selling off dollars and t-bills and buying gold. BRICS continues to gain strength. I think it will be a while before we see massive changes, but I certainly could be wrong. The Dollar still rules the world by a wide margin, but things have and are shifting.
....not when our credit lock up happens, again; remember 2008? Look it up. Then the money printing started and the rest is history. Banks are in trouble guys, so watch your step, please.
Johnny-O is correct! Who do you think is going to pay the inflated price for goods if those tariffs are imposed (that's us, if you can't do the math). We are in a no win situation. International players holding our US bonds (national debt) are considering their options which doesn't bode well for us. The FED holds the cards and they ain't on our side. 2025 is going to be a wilder ride than 2024.
Later Jay
Yup, and countries have been selling off dollars and t-bills and buying gold. BRICS continues to gain strength. I think it will be a while before we see massive changes, but I certainly could be wrong. The Dollar still rules the world by a wide margin, but things have and are shifting.
....not when our credit lock up happens, again; remember 2008? Look it up. Then the money printing started and the rest is history. Banks are in trouble guys, so watch your step, please.
Later Jay