So Armstrong is lamenting China not wanting to buy US debt? Isn’t better not to be in debt to an adversary? You can find that advice in Proverbs.
I would think this reinforces the concept of increasing domestic energy, mining and manufacturing capacity as a means of enhancing national security and strengthening the US economy by encouraging investments in the US. All that economic activity should strengthen the dollar, US markets and improve US government balance sheet.
All that economic activity should strengthen the dollar, US markets and improve US government balance sheet.
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Correct. Key word “ Should”, I believe it will, but as President Trump has three years left, who knows what comes after him? At least he has a plan, and the grit to make it happen.
All that said, the world’s debt is now over 380 trillion and growing. The global debt crisis has begun, we may be able weather it out under Trump.