Get some of that stuff from Canada in the mail, shut yourself in your living room with NetFlix and some hard liquor for a year or two, then come out and see where the precious metals are.
The US hegemony has always work on the opposite principle. Print dollars, stuff them into peoples pockets overseas, run trade deficits and reap the rewards of exchanging printed dollars for stuff. Trump has stupidly turned this winning formula on its head, he wants Americans to work for their supper and will force them to work with the protectionist policies. All the US dollars that people overseas loved owning in the past will come flooding back to the US because they become too onerous to own. USD bond defaults will rise, countries will sell USD denominated assets to protect their own currencies and all the US dollars will come flooding back home and the US people will drown in their own currency and their own debt, because no one else will want to hold that hot potatoe. The lucky Trump supporters will stop getting access to cheap goods and services from overseas, will be working harder to buy their own expensive stuff and inflation and interest rates will go on the rise until everyone realises it was easier to survive with the way things were before, printing money and exchanging it for stuff with the rest of the world (rather than drowning in the sea of printed cash that has been created for decades). Esh
EAR Price at posting:
16.0¢ Sentiment: None Disclosure: Held
