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I offer you facts but apparently you would prefer if I made something up. You've got nothing

Remember the last time reserves were allowed to be so low? How did that turn out?

From a microeconomic viewpoint that might be true. But this is about macroeconomics. Are there insufficient funds now for lending? Giving all the dubious investments being made nowadays It seems more likely lose too much cash floating around thanks to huge tax cuts

If Trump's people keep threatening the sanctity of US debt, then they might turn to another currency to serve as the reserve currency of the world. Most likely the Euro since it floats freely unlike the yuan.

https://archive.ph/X7djx

Are they being tried for terrorism?

More BS from you. Virtually no one claimed that Trump didn't actually win the election. That there was trickery in counting his votes. Whereas almost 3/4 of the Republicans in the House of Representatives voted against authorizing the election of Joe Biden precisely because of such a claim Huge difference.

You mean they accept the results now? I've seen little evidence of that. We had four years of whining about an election that Donald Trump lost.

Do me like the 20 million plus fake centenarians whom musk found?

You offer personal comments and insults. I offer facts and reasoning. In other words, you've got nothing.

Which is why the overwhelming majority of Trump supporters graciously accepted the results of the 2020 election. It is to laugh

Also it's interesting that you brought up the financial crash of 2008. Did you know that Canada's banking system survived that unscathed? You know why? Strict regulation, that's why. Trump wants to loosen regulation of the banks. How do you think that's going to turn out?

You mean like hope that they succeed in passing tax cuts because that will also help the debt problem? Can you explain to me how that works?

In that same poll 70% endorsed birthright citizenship for the children of illegal immigrants. 61% opposed tariffs on Canada. 56% opposed tariffs on Mexico. https://www.foxnews.com/official-polls

Do I need to explain to you by invoking the future as evidence is not valid? Unless, of course, you're a time traveler.

Also, the price of batteries is coming down rapidly.

First off on the batteries are lasting a lot longer than expected. When they reach below 80% capacity they can be reused for grid storage purposes. Ultimately they can be recycled. In fact the lithium carbonate recycled from the batteries is of a higher quality than a lithium carbonate that comes directly from mining. 99% of an EV battery is recyclable. In fact the big problem has been that batteries are lasting a lot longer than expected so the companies that are doing the recycling are short of their raw material.

I remember somebody who once bet their life on the final outcome of an election. They got it wrong. As far as I can tell, they are still alive.

You have just violated an unwritten law of aseannnow.com: you have acknowledged your error. I can't answer for the consequences.

Yes the costs are through the roof in some areas of the economy. But why is that the fault of the dollar. Prices rise for all kinds of reasons. The recent battle of inflation was pretty much worldwide. It wasn't just about the dollar. But there was one big exception: China. Where there's actually deflation. Do you think the Chinese economy is in good shape? It has some bright spots but overall not. Once again it's purchasing power that counts. The dollar has been inflating for a century at least. During that time Americans reached an unprecedented level of prosperity. How do you reconcile that with inflation? High inflation is a symptom or consequence, not a cause.

No it's not about the value of the dollar. It's about how many dollars you have. Actually the top 10% are doing better than they ever have before. What is the dollar decline got to do with that. What's happened in America is rising income inequality. Some of it is due to the decline of unions. People think manufacturing jobs magically mean that people are going to get higher pay. But the fact is that without unions what negotiating power to workers have? Another problem is the slashing of income tax rates which disproportionately favored the wealthy. And by rates I just don't mean earned income. I mean returns on investment and all the thousand and one tax dodges that have repeatedly come into play. A recent poll show that a big majority of Americans even Republicans would be willing to pay more in social security taxes to guarantee their payments for the future. Fox News had supposed to even a big majority of Republicans support raising taxes on the wealthy. America also has the most expensive health care in the world. And it's far from being the best. To repeat it's not about the value of the individual dollar it's about how many dollars you've got. If you're in the top 10% in America it's a great time to be an American. If not, not so much.

I agree it was Trump's best year given that the Congressional elections stymied him from advancing his agenda. As for the personal comment, just more evidence that you have nothing.

The real value of the dollar is zero? So the world economy is the same size as it was back in 2013 or was only expanded to keep pace with population growth? You really want to run with that?

Do you remember how congressional elections turned out two years into Trump's first term?

You have no idea whether I have any skin in the game or not. But whether I do or not it's irrelevant. These aren't my opinions I'm I'm basing my post on. It comes from professionals who knows that small individual trades represent most of the transactions happening now. That's the kind of trading that indicates meme buying.