https://www.youtube.com/watch?v=KMLH2q1KApU
30 --- 42 ---- 182 --- 208 When talking about RISK, the goal is to MINIMIZE YOUR MAXIMUM RISK. No disagreement there, eh? How can that be done when NO ONE wants to admit we're in A "GLOBAL" RECESSION like no other because the currencies of the USA + its allies are on "a downward trajectory". Those FALLING CURRENCIES translate into less tourist dollars, less exports to those countries, less jobs, more bankruptcies, less Gov't revenue. In order to MINIMIZE YOUR MAXIMUM RISK, governments need to "avoid" DEFICITS BUDGETS: that means cutting the size of Gov't by AT LEAST 50%. (We've known this for 15 years.) THE PROBLEM: inertia + believing in Santa Claus. Or, has THE BIDEN ADMINISTRATION like to put it, HELP IS ON THE WAY, No, it's NOT! THE SITUATION faced by the USA + its allies (except for Canada - THANKS to China) is they want to stay in the house, but are UNABLE TO PAY FOR THE MORTGAGE. (Ha! Ha!) THE AMERICANS can laugh + say, but our U.S. DOLLAR is STRONGER thanks to the war in the Ukraine. The U.S. DOLLAR was on A DOWNWARD SLOPE like all the other currencies prior to the war in the Ukraine: it's REBOUND can be liken to a dying patient whose health fully recovers just before dying. (Ha! Ha!) An "optimistic" scenario for the U.S. DOLLAR will be the equivalent of 3 cents Canadian. THE PROBLEM (simply put): THE GLOBAL DEMAND IS FALLING resulting in JOB LOSSES. THE SOLUTION: JOB CREATION (Those U.S. SANCTIONS only make thing worse for everyone.) THE AMERICANS ALONG WITH THEIR ALLIES (Canada being the exception) are on their way to THE POOR HOUSE. TO MINIMIZE YOUR MAXIMUM RISK, you have to create jobs: it's as simple as that. Jobs generate wealth which makes for a stronger economy. THE AMERICANS by wanting to hurt those who oppose them end up hurting the whole world - including themselves: NOT SMART. AMERICANS ARE NOT SMART. Ken, Toronto, CANADA