The Battle is about to begin
At this point, the only thing we don't know is what kind of fight it will be.....a trade war, currency war, a physical war....all or some of the above.
Do you think the other nations of the world are going to sit back and let the world's reserve currency evaporate into oblivion??? Not a chance my Foolish friends.
Expect other nations to take dramatic measures and soon....very very soon. Who knows what it will be...but it will be dramatic. I was hoping it would not come to this....but it has and things are about to take a dramtic turn downwards.
Remember, you can't force people to borrow....expecially if they don't have jobs....no matter how low interest rates go. Nor can you expect other nations, who are owed trillions just sit back and watch the debt they are owed become valuless.
Expect dynamic change in coming days and weeks. My guess is that little of it will be good. Remember, the markets first reaction, especially if knee jerk, is usually the wrong one.