The U.S. debt bomb is going to explode. What the Federal Reserve has been doing, by keeping interest rates practically at zero has prevent the bomb from exploding. With interest rates at practically at zero we could afford to service the debt, repaying it is impossible! But at least we could service it when interest rates were at rock bottom. But that is already changing. Interest rates are going up, inflation is going up and creditors are going to demand a higher premium to hold our bonds. We are headed off the edge of a cliff! (iShares Barclays 20+ Year Treasury Bond ETF (TLT), 10- year U.S. Treasuries)
Feb 6, 2017
Feb 3, 2017
Trump Desires a Weaker U.S. Dollar
It is almost like Trump is already adopting a weak U.S. Dollar policy because saying that the Euro currency is too weak is saying that the U.S. Dollar is too strong. If you want the Euro currency to go up then you want the U.S. Dollar to go down. If you wan the Japanese Yen to go up, you want the U.S. Dollar to go down. So, the President wants a weaker U.S. Dollar.
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