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Hi EL
Yes the 2008 crisis effect is still at work around the world and it is dictating how governments and Central Banks respond. Negative rates is almost all a response to the effect of the crisis with help from stupid Government policies.
But keep in mind the Trump economy is focused on Main Street not Wall Street. Main Street has been in a downward trend for many years because of the Central Banks policies which NEVER allows our economy to recover but ALWAYS allows Wall Street to recover. It is going to take more than a few years for it to recover. But it is recovering.
I disagree with you on manufacturing. With the allowance of innovation we could see a significant rise in manufacturing in the USA. Right now I don't see it as returning to its glory days. But we could see a significant rise.
thank you,dane
Yes the 2008 crisis effect is still at work around the world and it is dictating how governments and Central Banks respond. Negative rates is almost all a response to the effect of the crisis with help from stupid Government policies.
But keep in mind the Trump economy is focused on Main Street not Wall Street. Main Street has been in a downward trend for many years because of the Central Banks policies which NEVER allows our economy to recover but ALWAYS allows Wall Street to recover. It is going to take more than a few years for it to recover. But it is recovering.
I disagree with you on manufacturing. With the allowance of innovation we could see a significant rise in manufacturing in the USA. Right now I don't see it as returning to its glory days. But we could see a significant rise.
thank you,dane
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