I am hopeful that a Trump administration can implement radical positive change, that essentially drains the swamp, and points the US back in the direction of fiscal responsibility, but I foresee difficult times ahead, no matter his level of success.
It sounds like you don't anticipate significant problems in the next 4 years.
I am hopeful that a Trump administration can implement radical positive change, that essentially drains the swamp, and points the US back in the direction of fiscal responsibility, but I foresee difficult times ahead, no matter his level of success.
It sounds like you don't anticipate significant problems in the next 4 years.
Armstrong posts the following. Do you care to share your thoughts on how things will play-out over the next 4 years?
"However, the election of U.S. President-elect Donald Trump has exacerbated the situation, making it increasingly bitter, violent, or unpleasant – hence the peso’s rocky ride. In addition to this frustration, there are fresh tariff threats against Mexico, which sends around 80% of its exports to its northern neighbor. I oppose this because it will create an economic depression outside the USA, which is dangerous for the world economy and would drag the United States down, as what took place with the Great Depression.
Many emerging markets issued their debt in US dollars to raise money in NYC. As the dollar rises, these emerging markets will suffer major currency losses on top of an economic depression, which will only come back to haunt the world economy, including the USA. Whoever Trump is listening to has clearly no international experience or expertise in this field."
I am hopeful that a Trump administration can implement radical positive change, that essentially drains the swamp, and points the US back in the direction of fiscal responsibility, but I foresee difficult times ahead, no matter his level of success.
It sounds like you don't anticipate significant problems in the next 4 years.
Armstrong posts the following. Do you care to share your thoughts on how things will play-out over the next 4 years?
"However, the election of U.S. President-elect Donald Trump has exacerbated the situation, making it increasingly bitter, violent, or unpleasant – hence the peso’s rocky ride. In addition to this frustration, there are fresh tariff threats against Mexico, which sends around 80% of its exports to its northern neighbor. I oppose this because it will create an economic depression outside the USA, which is dangerous for the world economy and would drag the United States down, as what took place with the Great Depression.
Many emerging markets issued their debt in US dollars to raise money in NYC. As the dollar rises, these emerging markets will suffer major currency losses on top of an economic depression, which will only come back to haunt the world economy, including the USA. Whoever Trump is listening to has clearly no international experience or expertise in this field."
Mexico 2025
https://www.armstrongeconomics.com/international-news/mexico/mexico-2025/