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 t...