Time for a change in global leadership

GHuatfund
07-17

Does the world really need to rely on the US for economic growth? Clearly, the Orange guy's recent policies (outlined below) have been aimed at manipulating the Dollar to boost the US economy—often at the expense of countries that have played fairly in global market competition. So why not isolate them and just let the USD depreciate? That way, other nations won't be "led by the nose" and dragged down by the US government's messy politics and underperformance.


(1) Pushing for interest rate cuts to continue running deficits—fuelled by poor local spending and tax decisions—while paying lower interest on US debt held by foreign countries.


(2) Imposing tariffs based on the assumption that other nations can't survive without exporting to the so-called "largest" consumer market in the world. Frankly, would the US even be that large of a consumer if not for the privilege of the US dollar?


Bumping my previous post: https://ttm.financial/post/452403729932856


Happy to hear thoughts from the community :)

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