“The only problem for the Saudis is where do they go?”
The House of Saud may collapse of its own accord...
Good-bye dollar.
Well, we’ll see. Dire predictions are easy to make, but reality has an interesting way of avoiding dire ramifications at times.
I can’t deny it’s a possibility.
Once again, where do people go that is better more stable than the dollar?
If I read Trump right, he wants to eliminate our debt as rapidly as is humanly possible.
I think that would help a lot.
BTW: If he can just get us out of the deficit spending situation, that would help tremendously.
Then if he could get us where we don’t HAVE TO sell bonds to stay afloat, we’re actually in great shape.
I don’t know how much bonds we have to sell each year to keep us afloat, but I’d suspect that ends with the deficit spending.
That may be an erroneous perception.