DD Support Board and Research Team

[sunspotter]

"But economists worry that the recent drop in the dollar is so dramatic that it reflects something more ominous as President Donald Trump tries to reshape global trade: a loss of confidence in the U.S."

If those economists lived in Europe (or I dare say, Japan, Canada or Australia) they wouldn't think it was strange at all.

It's difficult to feel confident about an erstwhile partner run by an unintelligent, irrational, unpredictable narcissist who threatens his "allies" while cosying up to other democracy hating tyrants.

To make it worse, he's enabled by a considerable portion of his own electorate.

In the meantime, of course no one trusts the almighty dollar.

And when Trump finally gets rid of Powell, the decline will be even more precipitous.

Incidentally, next time the US wants its allies to risk the lives of its troops out in Afghanistan or another country in their support, they may have to look elsewhere. I'm sure Putin would be only too glad to help. Four of the Five Eyes are already filtering the material they share with the Fifth.