The World Economy 1
By Steve
- 374 reads
The world is large. If the world is so small, why do we have to pay so much in taxes? Therefore, the world is large.
China's end-game is to take over the discount business in America. If they contribute to the welfare system, they want a return on their investment.
They are buying up the dollar to strengthen the dollar. That's an inflation of the dollar. The US will start to buy up more Chinese goods. As Always, the US will buy up too much and then dump some of it at very cheap prices (Dollar Store).
Prices will go up. In Massachusettes, it has already gone up. It's been going up for a while now. I'm sure it's the same case in many liberal states. In certain sections of Seattle, the $15 minimum wage has been instated. Prices will certainly go up in various ways there, either in taxes, less business concerns, etc.
Donations to North Korea will bolster the nuclear program.
Inflation will certainly help out the internet and high tech businesses, but for retail, it is hard to say. If the same number of retail customers come, the result will be more or less the same.
The real question is how will the banks react? Will they be more flexible with loans? Will more businesses be created in the market?
There's the breakout of the ebola virus which is also a financial concern.
- Log in to post comments