T.H.E.M.
¨We believe in the judgment; we believe this first judgment will take place as God revealed, in America...¨
T.H.E.M.
¨We believe in justice for all, whether in God or not; we believe as others, that we are due equal justice as human beings.¨
Perfect storm sinking the almighty dollar
The world’s traditional safe haven currency looks riskier than ever
The “dollar-is-crashing” trade is the ultimate widow-maker. For decades, it’s confounded more punters than bets against Chinese stocks, Japanese debt and Hong Kong property combined.
Yet might it soon pay off, finally, thanks to Donald Trump’s blunderbuss of a White House? The odds don’t favor it, at least for now.
Neither Trump pushing US debt past the US$25 trillion mark nor his trade war nor his disastrous response to the coronavirus has tanked the reserve currency. The reason, of course, is a dearth of trusted alternatives.
Yet the famous, or infamous, observation by Nixon-era US Treasury Secretary John Connolly that the “dollar is our currency, but it’s your problem” is truer in the Covid-19 era than it was in 1971…..more here
Click here for reuse options!Copyright 2020 Hiram's 1555 Blog