By Mikkel Roland Egesberg: "Boy are they up for a surprise, USA is an addict, delusional, and in denial of its own financial health!"
The US Federal debt keeps skyrocketing, it is out of control, ($40+ trillion).
US interest rates are gonna spike, because of the Excessive US Government spending, which together with AI/Datacenters are gonna crowd out investements for SMEs!
Will the spiking interest rates in the US curb inflation, or will the coming US hyperinflation be inevitable? Leading to a collapse of the US Dollar?
The naive Americans believe that FED has a real saying on
how much the US Government will be charged in interests rates on the loans the World lends to the USA....Boy are they up for a surprise, USA is an addict, delusional, and in denial of its own financial health!
The Future: Will the Dollar Crash, e.g. towards the European Euro?
You have to remember the EU is home to a lot of big companies, but much more SMEs. An EU small and medium-sized enterprise (SME)
is a company that employs fewer than 250 people and has an annual turnover of EUR 50 million or less,
or a balance sheet total of EUR 43 million or less. Small and medium-sized enterprises (SMEs) represent 99% of all businesses in the EU.
Sell your US assets, and invest in the EU, while you still can...Get out, hurry!
The media seem to report that the US debt/GDP ratio just hit a 100%, but that happened around 2012/2013 (they remove the debt they owe to themself ("Intragovernmental Debt" - e.g. "Social Security"), so the debt/GDP ratios stands at a 100 pct. (debt held by the public ) instead of 120 pct. ("Gross National Debt"), but if you borrow money from your mother or father, is this still not money owed?)
Prices are going up, the average Joe is hurting ...Sure Core CPI (without Food and Energy) says below 4% inflation, but Americans have a tendency to drive and eat...
I'm quite sure the US "U-6 Unemployment rate", which is the broadest US measure of Unemployment, will skyrocket very soon, it's at 7,9 pct. right now....source: https://www.bls.gov/news.release/empsit.t15.htm Now uneducated US economists might add.."Why do you use the U-6 and not the U-3 unemployment rate?"
And to that I will add...Because it includes "Discouraged workers",
"a subset of the marginally attached, that have given a job-market related reason for not currently looking for work",
in other words, they gave up looking anymore, because there were no jobs for them anywhere, perhaps because they were unskilled e.g.
Are the current and comming flood of US Homeless People living on the streets, part of the U-3 unemployment rate? I dont think so..., and that is my reason for picking the U-6 unemployment rate!
Will the Dollar Crash, e.g. towards the Chinese Renminbi?
