We've entered the unknown.
All that imaginary money printed in 2008 and this year, to save the investment houses/banks/investors, sooner or latter will come home to roost, one of these days.
I'm praying I'll be fertilizer by then. Meanwhile I've told my kids to hoard their shekels, putting at least 50% in a plain old savings account for now, pay off their homes as quickly as possible and buy plain-Jane blue-chip stocks to gamble with.
As long as the USA is a dominant world power and controls the economic levers, we'll be fine.
China begs to differ and looms as our greatest enemy economically.
They've been gradually selling off their US Treasury shares. Not good.
https://www.reuters.com/article/us-usa-trade-china-bonds-explainer/explainer-will-china-dump-u-s-bonds-as-a-trade-weapon-not-so-fast-idUSKCN1SY0BS
I have faith that the 'deep state' (intelligence community and banks) can keep our leaders in check and not making promises or threats that we'll have to cash and live with.
Obama made promises too but quickly learned that slow steady growth and not antagonizing our military allies was the prudent way to go.
The current leadership? They're so compromised and clueless it scares the bejessus out of me.
Let us pray!
