The Rising Influence of Rising Affluence

[wow_happens28]

Oakes, 2000-2002 and the NASDAQ falling 66% was tied to the internet boom and bust. The DOW and S&P did not do near as bad. Yes 911 tie in. I do know my dates of the top and bottom. Yes, banking tied to the housing bubble were the 2008 bear.

But your premise that when the US slows, it affects the whole world, I agree with, at this point in time. Debt has exploded in the US that I feel will lead to a fall in the dollar. Not only has US debt about doubled the last 8 years, but household has exploded as well. Corporate debt has doubled too, but low interest rates explain that. It has been cheaper for big companies to use interest than issue new stock with warrants. But debt is a major problem that I feel will soon come to a head. Our dollar falls and others rise which gives them more buying power and us less. Many say that the world is awash in debt. Yes many European countries and Japan and a few others are worse than the US, but many like China, Russia, India have much less. Look for Italy to be the next Greece, according to some sources I read.

It is such a convoluted world now compared to the 1930's. Governments subsidized certain industries because other countries do as well. How this all plays out will be "Interesting", but a rough period coming, IMO. and debt and a falling dollar will be key. And liberals blame Trump and conservatives blame Obama, and on an on and on.

http://www.tradingeconomics.com/country-list/government-debt-to-gdp

https://www.washingtonpost.com/news/the-fix/wp/2015/01/07/the-story-behind-obama-and-the-national-debt-in-7-charts/?utm_term=.742e744beb6b

TJX gets Billion Dollar 10 year note at 2.25% interest per annum, wow, why issue stock?>>>
http://ih.advfn.com/p.php?pid=nmona&article=72380906