American president Donald Trump won't make America great again, but turn it into ruins. America was always great. It was built on greatness. Donald Trump is a business man turned (MAGA) into brand generating profit, and some kind of new political movement.
Everybody knows about the mountain's American debt. Government debt, credit card debt, mortgage debt, bank loans, student loans debt, Corporates debt, municipalities' debt, states debt and so on. The federal government even borrows money from pension and retirement funds. Mountains of debt will make Everest Mountain nothing compared to American debt. The American debt bubble will explode sooner or later, no different with disastrous consequences on the global economy.
The burst of the American debt bubble means the collapse of the U.S dollar for good. The next coming crisis will be about the American debt and the U.S dollar. Donald Trump with his interesting team is rushing steps for the day of the ultimate disaster. The aim of Donald Trump from all his recent decisions is to weaken the dollar.
The problem of everything Trump is doing will fail because American economy isn't solid. It's based on stock market, debt, suspicions and mysterious financial tools such as the derivates. It isn't a real manufacturing economy anymore. A weak dollar means a strong export sector. U.S has few items to export or maybe two items, weapons and oil. However, many other countries have weapon and oil to export. You can't have weak dollar then low interest rate. Then you are possible facing inflation and found yourself forced to raise interest again.
I was reading some interesting analysis about Trump's recent decisions on tariffs and not ending the war against Iran. He is spreading mistrust among his allies, and all that is coming with negative consequences. France declares that the last shipment of their gold deposit in the U.S arrived in France. I am sure that sooner than later, other countries will follow France's steps. The dollar was the world reserve currency because of trust. All flat currencies are accepted by people because of trust. Now, trust in the U.S dollar is gone.
Seriously, what is that guy doing? Your comments are welcomed and maybe will help understand what the president is thinking.
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