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I hear what you're saying Greg, I think we probably can go to the history of world
currencies to see what happens when you devalue and deface a currency in the
way of the Roman Empire, The British Empire, France, etc. We're in very strange
times right now. Firstly whether they admit it or not, we are in some kind of perverse
warfare with China. You were right there isn't any trade deal, there are still trade barriers,
and the South China Sea and Pacific is just one sh__ show of NATO/US Naval Battle Groups
countering Chinese Naval Groups. If you are watching China based companies you see they
are falling on the Stock Exchange. That's because some kind of quiet warfare is going on
economically with China but we're not informed about it. This same thing is going on
in the Middle East with Us, Israel and Saudi Arabia et al vs. Iran, China, Russia, Syria et al.
It's a dam turf war and economic warfare as well as actual bombs and missiles dropping
on people's heads. Powerful People from around the world want other smaller nations sh__
or don't want any competition to their own state run entities like Russia via Nordstream
2 and natural gas to Europe. The Russians don't want anyone else competing in the European Market for the natural gas dollars from Europe to Russia which bolsters the Russian Government
and Russian Economy even as sanctions going to get harder not less under Biden currently.
You then have the Russians and Chinese wanting to knock down the petro dollar via Saudi
Arabia and other oil producers yet when the price of oil or natural gas goes "down" The
Russians especially will squeal like a pig because every down turn on price per barrel equals
less in to Russia period. The Chinese on the other hand "want" oil to drop as low as possible
as they are one of the largest importers of oil for production centers/manufacturing and
transportation as well as energy production.
Meanwhile, you have alternative energy car and energy producers being attacked consistently
as well as the battery makers for cars in order to keep oil king for as long as they can ride
that other squealing pig for as long as they can. Yet, in the final analysis alternative energy
and battery powered vehicles will become the norm over time as well as alternative energy
production sources. You can say it's for climate change or whatever but I say it's technologically
the next faze world wide whether anyone likes it or not is too bad!
Another possible boom cycle can be found in no other than the Hemp Plant commonly known
as cannabis, etc. The Hemp Plant with THC under .30 can be harvested by farmers for manufacturing, clothing, plastics, etc. etc. thereby reducing our use of petro-chemicals as
well as an inordinate use of petro chemical pesticides. (*Hemp is a free growing weed not
effected by pests nor cold snaps so less cost to famers to grow and deliver to the general
public. This too is another no brainer as it alleviates the use of harmful petro chemicals
via replacement, almost eliminates the issue of trash and recyclables as hemp is bio degradable
and can be reused in many instances. Additionally, Hemp reduces the need to cut down large
swaths of our tropical rain forests or regular forests for paper and other products thereby
aiding in continuation of more breathing forests that breath in carbon dioxide while breathing
out necessary and proper oxygen for we humans to then breath in. These things are also all
positive gain for all people all over the world not to mention the medicinal uses of cannabis
for a plethora of diseases and ailments in every conceivable form and application(s). This is
"positive" for economic opportunity, job and capital growth in near, mid and long term
perspectives so much more so beneficial in every way. Do you hear this in the news ever?
No, just banging around and bashing stuff and people down and out.
Need positive ways to promote successful and healthy humanity rather than negative war
and resulting plagues and starvation. Our futures are bright and right out in front of us.
Now, we all have to just reach for it and fight for it!
Hey guys, the Fed is your friend.