06-07-2016, 07:39 AM
(05-17-2016, 12:34 PM)Cynic Hero Wrote: As I mentioned before an unspoken reason for trump's policies is ...(that) the chinese can shift the world's reserve currency to something other than the dollar. If That occurs the US economy would immediately crumble and we would be reduced to a pre-industrial subsistence economy practically overnight.
Trump's polices are intended to encourage this very thing. I don't think he believes the result would be that the US economy would crumble. Neither do I. This would be very bad for financial markets and Wall Street. But Trump's money is in real estate. Zero Hedge appears to be run by financial types, who will tend to see the economy and financial markets as representing the same thing. Bad for finance = bad for economy.
I would point out that the last 7 years have been the best of times for financial markets. Has this been true for the rest of the economy?