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Kristopher Driver
The Young Turks
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Comments by "Kristopher Driver" (@paxdriver) on "Trump On Letting The Economy Collapse" video.
Trump defaults, China retaliates, Europe collapses, emerging markets profit from usd tanking, Russia gets high price for oil, they're already very localized economically so they'll be richest and least affected.
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Jon nailed it. It IS horrifying
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fazole capital outflow, most room on the upside, carry trade potential, the saudi/911 bill is going to help crush the US economy too. money moves out, it goes somewhere else. It won't go to Europe because they're in the same boat as America.
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Gregory Navasarkian you, like the news, are only looking at one side of the price of oil. The currency play on OPEC oil as it is priced in USD is equally weighted to the issues over infrastructure and inventories we're talking about today. Russia's play to dominance is focused on its military and its economy. Putin need only wait for the right time. All of what you say is true, but it's only important today because supply is the only discussion on the table.
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