https://www.youtube.com/watch?v=aDbKd0gPxlw 1,839 views ---------------------------------------------- 12,619 72 comments ------------------------------------------- 233 NOSE DIVE! NOSE DIVE! Global job growth perspective, NEGATIVE! USA - A TOTAL DISASTER as economy "shrinks" due to continuous, declining demand for U.S. products|services, as U.S. Gov't is "forced" to SLASH JOBS due to A SERIOUS DROP IN TAX REVENUE due to so a GLOBAL U.S. BOYCOTT as the U.S. Gov't con- tinues its isolationist|punitive tariffs ways that's having A SERIOUS AD- VERSE EFFECT ON FOREIGN IN- VESTMENT along with A FALLING USD which keeps FOREIGN IN- VESTMENT AWAY! THE ECONOMY WILL SLOW DOWN TO THE POINT THAT NO ONE WILL BER ABLE TO SELL ANYTHING. THE ECONOMY WILL BE IN AN UNFORGIVING, CONTRACTING PHASE - especially for the USA + its allies "burdened" with exces- sive debt. :D ASSETS UNDER THIS SCENARIO BECOME WORTHLESS! CASH BECOMES KING! THIS IS A 30 - 50 ECONOMIC "CON- STRICTION" THAT WE ARE FACED WITH. IT'S PRAYING TIME - AGAIN. (Ha! Ha!) Ken, Toronto, CANADA @Resmith18SR @kenselin Using Caps like you do takes away a bit from your credibility. 😂 @kenselin @Resmith18SR As long as it takes away "a bit" from my credibility, I don't mind. (Ha! Ha!) Thanks for your comment. I hope you noticed I did not use any caps. :D Take care. All the best. Ken, Toronto, CANADA @Resmith18SR @kenselin Yes, Thank you Ken and I did notice that. Let's keep in touch. @ArEmWagner @kenselin I agree with much of this. And if there is a boycott on US, wouldn't that include US debt/bonds? And if there's no demand for US debt, then it must print money to buy its own bonds, which spikes inflation, worsens debt, weakens the USD. So that scenario should be bad for holding cash, because it's worth less, and good for holding real assets like gold and houses, no? @kenselin ​@ArEmWagner We're mixing a # of things. There is an "unofficial" BOYCOTT of U.S. products + services because it's now too much trouble due to trade tariff "uncertainty". CONSEQUENTLY, U.S. exports will continue to DECLINE creating MORE JOB LOSS + LESS ECONOMIC GROWTH: THE TREND IS NEGATIVE. A LOT OF THE U.S. GDP HAS BEEN DRIVEN BY GOV'T JOBS to give THE "FALSE" IMPRESSION the U.S. economy is strong. This allowed the U.S, to say JOB GROWTH IS STRONG: JUST LOOK A AT THOSE (phony) JOB NUMBERS. (Ha! Ha!) UNFORTUNATELY for the USA, FEWER COUNTRIES are buying U.S. GOV'T bonds so the the Gov't steps in to buy them in a face saving measure: does that count? NO! IT ONLY CONTINUES THE U.S. ECONOMIC DECLINE. LESS BONDS SOLD means LESS $$$ FOR THE GOV'T JEOPARDIZING ITS ABILITY TO SERVICE ITS DEBT OBLIGATIONS WILL THE VALUE OF THE USD DECLINE? YES REFLECTING A "WEAKENING" ECONOMY. THE U.S. ECONOMY WILL BECOME SO BAD THAT YOU WILL *NOT* BE ABLE TO SELL ANY OF YOUR HARD ASSETS FOR BADLY NEEDED CASH. SELL WHAT YOU CAN NOW IN ORDER TO PILE UP YOUR CASH EVEN THOUGH THE USD WILL BE LOSING ITD PURCHASING POWER being on the descent. Supposing YOU HAVE A FEW EXPENSIVE HOUSES, YACHTS + CARS: WHAT ARE THEY WORTH IF YOU CANNOT SELL THEM? :D Zip. NADA. A BIG ZERO! (HA! HA!) Ken, Toronto, CANADA