Everything said here is correct. But there is one new chapter being added..In previous times, when a government sought to r@pe and pillage its own treseasury, it was limited to the borders of the nation. The economy is now global, whether we likw it or not. So the effect spreads globally, rippling out. This first happened in the first Global financial Crisis, with a purely American financial disease effecting everyone, because they believed in America and the power of the $US. Trumps people are betting that belief is still there. And among a few immature economies, like the Arab states, he may be correct. But this time most countries are wary of American investment. And they world has a viable alternative in China, and maybe even India..😷
There is so much 🐂💩 in this post it wouldn't fit in Trump's new garbage truck to haul it away. Someone call Waste Management we need to rent a few 40 yard dumpsters.