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sambino

Us Losing Confidence Vote As Investors Flee

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http://www.telegraph.co.uk/money/main.jhtm...7/ccview117.xml

How credible is Ambrose Evans-Pritchard ? A very bearish statement he comes out with

"Rightly or wrongly, a view has taken hold that Washington is cynically debasing the coinage, hoping to export its day of reckoning through beggar-thy-neighbour policies.

It is not my view. I believe the forces of debt deflation now engulfing America - and soon half the world - are so powerful that nobody will be worrying about inflation a year hence."

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Foreigners rush to quit...therefore I don't agree with this claim:

"I doubt the dollar can fall much further. What is it to fall against?"

Dollar can fall against Middle East, China, Russia currencies, against gold, commodities.

Besides, an excellent analysis, Great Depression II is just inevitable.

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  • 294 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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