I'm not an economic or financial expert so I look to certain financial experts for information on the future of the US & global economy. I'll simply refer to the experts that I rely upon as "My Experts". In the several years leading up to Trump becoming president My Experts were predicting a severe financial downturn and collapse the US dollar. They all felt that it was inevitable. They claimed we were in a "bubble" that was due to burst very soon! After Trump was elected they changed their tune saying that we are still in that bubble, but like never before, those in power keep changing the rules in order to artificially prop up the economy. Before Trump was elected he also spoke of this "bubble" and he feared that it might occur during the term he was aiming to lead as president. The video below shows Trump's concerns over the same bubble bursting as My Experts spoke about. Donald Trump Issues Serious Warning to the American People Published on Jan 5, 2017 Only watch to 5:36 mark, it repeats. The common factor that both Trump and My Experts talked about was the INTEREST RATE. They all said when the Fed INCREASES the interest rate it will trigger the economic downturn and the US Dollar will lose it's value resulting in hyper-inflation and an economic collapse worse than that of 2008 and perhaps worse than 1929. All I'm saying here is WATCH THE INTEREST RATE. When they increase the interest rate it may trigger an economic downturn and collapse of the US dollar. To my understanding, the FEDERAL RESERVE controls the interest rate and the president has no power over the Fed. If true, that's a recipe for disaster! Books have been written on the topic of the FEDERAL RESERVE and the danger it presents to the US economy and the American people. Protect yourself! Protect your investments! Be prepared for a rough ride! Regardless of your political position or bias, WATCH THE INTEREST RATE! When the INTEREST RATE RISES it could be the trigger. --pete--
