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Re: goforthebet post# 4323

Friday, 01/27/2017 9:37:02 AM

Friday, January 27, 2017 9:37:02 AM

Post# of 22785
There's another event that this talk of taxes/tariffs is causing. What it's doing right now is tanking the Peso and making the USD stronger. It would do the same with the Yuan if the US levied a tax on them, so the effect it would have isn't good for either side. The dollar would be too strong and other currencies would be taken down too low.

The dollar denominated debt that the rest of the world has would grow and that would most likely have the China's and Japan's dumping their dollars even faster. It would open a can of worms that would roil the markets IMO.
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