DislikedThe ideological war currently underway in Amercian politics has some amazing brinkmanship on display there.
But having said that I'll say this, should the american politicians reach a acceptable compromise then I expect the Euro to bend over like a slut. Euro zone is in far more strife than America and the politics there are even more daunting. Plus some good economic data coming from the US along with above expectations corporate earnings.
So I got my Bloomberg on and ears open for a US budget compromise.Ignored
Can i just say that even some of the uniformed people realise that America is bankrupt.
If they didnt have a printing press and had to live off value /currency produced by the economy.
They would need asia to bail em out.
What in reality is happening is a lie .
Currently the american government print lots of paper currency=no value.
It gives these federal notes to the top 4 banks such as goldman,jp morgan,who then buy the government bonds/debt.
Imagine if i printed my face on some pieces of paper ,gave it to my mate, and he paid off my credit card lol.
You may laugh at the mere thought its stupid isnt it .
Honestly this is what your government is doing .
And this is the base which you have so much confidence in .
Can you see the dollar isnt value earned from hard work its like a casino printing its own .
making green pips large and red pips small this is my goal.