Rise in US Dollar Will Force Defaults in Third World

The countless analysts who keep preaching that the dollar will collapse have been singing the same song since 1971. They NEVER look outside the USA and simply preach how the US debt (over $20 trillion) will result in hyperinflation and the end of the US economy. They ignore the fact that the US is a tiny fraction of global sovereign debt. They also ignore the fact that there is already $17 trillion in negative yielding euro bonds out there.

I have been warning that the USA will be the last to fall. The stress on the world monetary system will be seen outside the USA. We have seen defaults on foreign denominated debt by now in Lebanon. This is just the beginning. We are looking at a contagion spreading in 2020 on a global scale.

Latest Posts

Market Talk – May 3, 2024

ASIA:   The major Asian stock markets had a mixed day today: NIKKEI 225 closed Shanghai closed Hang Seng increased 268.79 points or 1.48% to 18,475.92 ASX 200 increased 42.00 [...]
Read more

Palestinian Refugees Heading to America

To the surprise of none, President Joe Biden is considering allowing Palestinians to seek refuge in America. Technically, they could already come here; anyone and everyone could come here, as [...]
Read more

The UK Will Deport Migrants to Rwanda

Prime Minister Rishi Sunak finally has the power to bypass the European Union courts and tackle the UK’s migrant crisis. About 1,843 illegal immigrants crossed into the UK in 2019, [...]
Read more