Record-Long U.S. Economic Expansion

Much of the credit for this expansion must go to China and other newly emerging economies for carrying on huge transitions to more free market policies at a time when the US financial system almost imploded from 2008 onwards. This allowed industrial capacity in USA and Europe and Japan to be utilised and exports sold into rising demand for imports from the high growth and large markets abroad.

The world is interdependent now, moreso than at any other time in history and that interdependence is the reality of today's geo-politics. Nuclear proliferation needs to be looked at closely again since as long as one country insists on their ownership of mass destruction then all countries will have a moral argument to build up the same kind of arsenal.

Another interestings read from CME.

The mismanagment of the Global economy is clearly the factor that will ensure that the longest recovery/growth in the history of America will be broken under this administration.

There is no surprize...the only interesting thing is its taking longer than under baby Bush presidency for it to happen. But its sure on pace to happen sooner rather than later since the country is being run in such disorganized way to paraphrase the British Ambassador to USA.

The trade war has been going on for some years now....we have only recently begun fighting back.