That was a profound statement.
Here are my ramblings.
The U.S. Dollar is running high for sure, heard someone say, China needs to devalue it's currency, and they need the U.S. dollar to fall. Europe can blame the Ukraine war on defaults. One thing I was thinking about, all the other countries can blame the tariffs, and not their own financial decisions, on why their economies fail.
Didn't Powell say, the economy isn't sustainable? So, maybe the tariffs are a way to balance the budget?!?! Of course, with the U.S. being the biggest economy, than other countries will of course, not like tariffs. I personally see the tariffs as a way to limit the constant debt in some meaningful way, but others see it as the bogey man, or a personal attack.
They tried to cut some programs and people cried, they try to have tariffs and people cried, so maybe people need to understand that their is budget that needs to be reviewed once in awhile, and not put in on the credit card all the time?!?!
What is really killing the U.S. economy is Social Security, Medicare, public education, but people would rather see the U.S. go bankrupt, than make cut back on those programs. Not to mention corporations. Corporations were really designed by the government for a project, that the private sector couldn't do. They were to be dissolved after the project was complete. Now corporations and special interest groups have lobbyist to influence politicians for the best interest of their company, not the American people.
Now, if there was some sort of global reset, maybe the digital currency
website design agency hong kong could be promoted as the new Bretton Woods agreement. Economies around the world are gearing up for war, so maybe that's the answer to bad financial policies?!?!