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by dutchbookmaker
499 days ago
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I don't really understand what the end game is with Canada here. For Mexico, it seems more like a prod for social policy on immigration and fentanyl. I listened to Trudeau yesterday and he isn't even able to get a hold of Trump right now, something that seems just insane. I am just not sure that is true though that this is a disaster for the US. How much can China afford to fight back here with the state of their economy? Canada retaliating is asymmetrically bad for Canada. Dollar strength and an emerging market currency breaking is what worries me. Inside the US, I would expect much of the potential inflation will just be exported through dollar strength. I imagine that is the method to the madness. |
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I’m expecting for governments to cozy up with China again. Will be interesting, but unpredictable couple of years. I’m not sure what’s the best way to diversify one’s savings so you wouldn’t crash it out either.