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Strategies & Market Trends : The Art of Investing -- Ignore unavailable to you. Want to Upgrade?

To: Sun Tzu who wrote (5050)	8/9/2022 4:04:32 PM
From: Jacob Snyder	Read Replies (1) \| Respond to of 10684

Yes, as I have said, I think the US$ is at the top end of the LT range, so it is likely to Revert. For instance, the US$/euro is at the highest level in 20 years. google.com One of the interviews you posted recently (excellent, please keep doing this) said: when debt/GDP >130%, default becomes inevitable. It was 107% in 2019; now at 137%. tradingeconomics.com Default method: inflation. That is incompatible with reserve currency status. In addition, we have recently given China and Russia powerful incentives to end reliance on the US$. If/when the Fed Funds rate hits 4%, this will not be a future risk. This will be current events.