The weak US economy and the weak US dollar policy resulting from the Shanghai Accord meant that the Fed was unable to raise interest rates.
There are three ways to repay sovereign debt: default, growth and inflation. Obviously, growth is the best way, but it’s not happening.
American incomes are rising . This development is extremely important… Rising income will drive the US economy forward. The Census Bureau said this week that the median household income in 2015 was up 5.2% from the previous year.
Perhaps the next war will be for no particular reason. Maybe it will be to justify US$596 billion in US military spending?
Knowing how the Federal Reserve is organised and who’s in charge can position you to preserve wealth and even profit from the coming Fed-induced turmoil.
When war breaks out, it could easily spread globally. There’s one simple truth about war. Like it or not, when wars start, commodity prices soar.
There’s plenty of money to be made off Chinese consumers. Not just for businesses, but for you, the investor, as well.
If the Aussie government’s paranoia is about hacking and cyber attacks, then we should cut all ties with the US. And we should get pretty cosy with China.
A major part of that growth will come from increased property construction and household formation. It’s happening in the US already — not to mention the ongoing drop in foreclosure rates — and will drive the American economy forward for the foreseeable future.
US company earnings continue to falter, and the gap between actual and expected earnings continues to grow.