Its a very carefully calibrated weapon. It hurts the Central Banks involved in USD shenanigans more than it hurts local economy. This is because of something called SOFR - it decouples domestic US banks from the City of London LIBOR, and was instituted gradually by Trump in his first term, and was the reason for Covid.
The high fed rates hasnt had too much of a bad impact locally, but it caused meltdown in Japan and also started hurting EU. No doubt that was the reason the Japanese PM lost his majority and signed the deal and now EU is signing as well.
But we dont know what other targets need to be taken down with the high international dollar rate, before we can lower the rates? Or will the rates be completely decoupled? Will Powell serve out the remaining 10 months? Scott Bessent thinks so.
Lots of moving pieces, but we are in a fanstastic position.
https://greatawakening.win/p/19Bst0ZB4A/potus-announces-trade-deal-with-/c/
Hamas was a Clown creation to ensure there will never be a peace in middle east.
Now that EU deal and Japan deal are done, I am expecting some movement in the itnerest rates!
Its a very carefully calibrated weapon. It hurts the Central Banks involved in USD shenanigans more than it hurts local economy. This is because of something called SOFR - it decouples domestic US banks from the City of London LIBOR, and was instituted gradually by Trump in his first term, and was the reason for Covid.
The high fed rates hasnt had too much of a bad impact locally, but it caused meltdown in Japan and also started hurting EU. No doubt that was the reason the Japanese PM lost his majority and signed the deal and now EU is signing as well.
But we dont know what other targets need to be taken down with the high international dollar rate, before we can lower the rates? Or will the rates be completely decoupled? Will Powell serve out the remaining 10 months? Scott Bessent thinks so.
Lots of moving pieces, but we are in a fanstastic position.
Where is the part about Palestinian statehood?
UK is no longer EU. Is statehood really part of a US/EU deal or any deal? That would be great but I have seen nothing yet.