The US Dollar Strengthens While Its Foundation Continues to Rot - Nathan McDonald (19/1/2017)
One thing that we have unexpectedly seen since Donald Trump became the President-elect (very soon to be President) is a strong US dollar. This comes despite the fact that he has stated he is going to expand infrastructure spending within the United States in a massive way.
The reasoning for this of course is his aggressive stance against globalization
and the damage that it has caused to the middle class American. The fact is,
jobs have been outsourced like never before seen in history, and this has eaten
away at the great wealth America once possessed.
This trend of anti-globalization is occurring around the world, but the
stance that Donald Trump has taken is unlike any other and is sparking a
renewed confidence within the United States manufacturing and small business
sectors.
Already we have seen numerous large, publicly traded companies state that they
plan on increasing spending and capacity within the United States. The side
effect of this is of course a surge in high quality jobs, something the country
and the West is in desperate need of.
The FED on the other hand does not like this, as a strong dollar makes it that
much harder for the monstrous US debt that has been accumulated by past
governments to be paid off.
This debt has ballooned out of control and will hit the $20 Trillion dollar
mark, shortly after Donald Trump takes office. Essentially, there is nothing
that can be done when discussing a number as large as this.
Therefore, you have to ask yourself this, how will they ever pay it off? The
answer is simple. They won't. The FED knows this, Donald Trump knows this and
the rest of the World knows this, even if no one wants to openly admit
it.
The reality is, we live in a fantasy land that is controlled by fiat money and
the confidence that people artificially have in it. The charade will
continue on as long as the mass public wishes to partake in it, or as long as
the elites want to keep it going. It only takes one of the two parties to bring
it all down.
To me, this is just one of the threats that I see Trump facing in his first
term. Will he be able to hold off the global elites from pulling the rug out
from under this system and blaming it all on him? Perhaps, or perhaps
not.
The question is, are the elites ready for the ramifications that come along with doing that? We shall see.
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