RE: MI4 Jun 2024 19:20
You cannot ignore the transformation of the worlds so called order being turned on its head, the financial situation in USA is hitting it hard, family’s that where comfortable and secure a few years ago are now struggling even with the basic costs of life.
The Euro is not in a good place, Germany a leading light has dropped down big time, so all in all it’s not the same as it was. However, electrification is necessary and while keep moving on, we desperately need to clean the environment for many reasons, it comes at a cost and disruption to all, even the financial markets will take hits but its all part of life.
The USA are hurting bad do to the dedollarization by BRICS, but they shouldn’t have kept sanctioning everyone for anything, it has all turned and bit them on the backside, depended too long on on free money from the dollar reserve, abused its meaning and now paying the price, their answer is to promote wars to gain back control, ain’t going to work this time.
Well that’s my take on why the world is on a loose footing at the moment, you can’t ignore what’s happening as it affects all forms of finance, lets hope some sense comes back to all involved
Atb