World Blog by humble servant. The crisis of Confidence of the USA and Europe. And the embarressment of leadership of not being up to it in Knowledge and UNDERSTANDING to deal with it!!!

Keynesian economics has never been a valid Theory any professional Trader knows that is the case. The FED just cut rates but nobody will borrow to buy a falling knife and banks are scared to Lend money in a falling Market. Such attempts never work and raising rates also fell all the way up.Higher rates attract foreign Capital to the dollar as a dollar Rose the value of US assets gleam in the sun light to foreign investors these theory  just never WORK. Europe will move toward a digital currency because they have no choice! They have destroyed t the Keynesian model in the ECB has no means of doing anything else. It is finished! Hence, the dollar will remain King. It will be pushed  into a monetary crisis that will only then Force economics to be revived. That  is not ready here for primetime. That appears to be coming in 2021 - 2022 career politicians making stupid decisions and we end up with Draconian versions of Keynesian economics to be forced on to the world because they cannot think of anything else where they retain power.

Some people have asked if governments move to digital currency doesn't the United States have to do the same? The answer is no! This appears to be a European solution because the ECB has destroyed its own ability to use Keynesian economics. Which is all about using interest rates to to manipulate demand within the economy. Moreover we now have Italy and Spain outlawing shorting their short-term bet. It is really irrelevant since you can't get your hands on it too short to begin with.

It is a regulation showing  profound difference in the political attitude of Europe and anti free-market posture. Europe routinely cancels its currencies and that even includes Britain. United States has never canceled his currency so moving to a digital world can be done in Europe and Britain without a second thought that is not the case in the United States. The dollar remains King. The United States will not move to digital currency until it will be forced to do so perhaps in 2022 this is why bitcom has collapsed and so has gold as hedge funds lose money as I explained this would be a liquidity crisis like 1998 where they need money so they sell everything. So calling Powell names will not help. Are threatening to fire him is really leaving things up to really Plunge as you add on to the lack of confidence and the arrogance of a despicable ape monkey who thinks he's in control of US Stock Market that's hundreds of THOUSANDS years old and CARE LESS about what you think.ONLY IDOL WORSHIPERS who HAVE BEEN DESTROY believing in a ILLITERATE. All this CON JOB of confidence playing has shown that is nothing but a shell game to get you to believe something if you don't believe it ,it doesn't work .(AND EVEN IF YOU DID IT WON'T WORK) but that is the  dream the dreams of fools instead of knowing what you invest for. Are great GRAND FATHERS SHUN the MARKETS why? THEY KNOW IT was a CON that wipe out MOST INVESTOR.