Quote Originally Posted by Gandalf View Post
Jim Rikards gives a good outline of why it will go wrong whether Trump likes it or not. Basicaly America is in trouble because people don't want US debt, the petrodollar has been declining significantly and the Federal Reserve is now a failed institution tapped out at a ratio of 77:1. You mifht disagree because you are a cunt but many think something bad will come regardless of what Trump tries to do. The Empire seems to be in decline.
I googled this guy and he's less nutty than your normal people but still a nut. He's another guy who predicted hyperinflation and was completely wrong. Plenty of people want to hold US debt. Should we hit another meltdown money will absolutely flood into US debt. Right now people willing to sell debt to buy riskier investments is actually the sign of an improving economy. Don't hold your breath for US bonds to become a significant problem. The dollar has been declining significantly? In which universe?



Against which currencies has it declined? None of the major ones. The Fed is just fine baby. Only problem is who Trump will appoint to run it. He also gets to replace a majority of the board in the next four years. If he appoints a bunch of nuts then that's a massive problem as they'll be in charge of the policy response when we get the Trump version of the 2008 meltdown thanks to abandoning regulation again.

And I am a cunt. No need to apologise for calling me a cunt, it's a statement of fact. God bless you.