FED reduction of interest rates makes there will not be recession in USA for next 1 year
FED reduction of interest rates makes there will not be recession in USA for next 1 year.
US debt of around 35 Trillion USD makes recession will occur in USA once it tries to reduce its debt.
Mainly growing technology can make US dollar bit weak in the next 3 to 5 years. Definitely Technology is changing much faster.
Different countries will use alternative currencies in the next 3 to 5 years. Growing technology makes it possible easily.
Actually it is not US political leaders making US to sustain but companies like Apple, Microsoft, Nvidia, Amazon, Visa, Master Card, Tesla, PayPal, Intel, Qualcomm, Facebook, Google, Netflix, J&J, Merck, Oracle, Adobe, Accenture, Salesforce, AMD, Boeing, GE, Honeywell, Lockheed Martin and couple of companies like this that is making US sustainable even US having lot of debt over 35 Trillion USD.
All the above companies saving USD to be strong in some or the other way. They are global companies.
Only companies like this which went global and expanding their business globally only is able to keep USD stronger. Mainly USD should be stronger for US to have sustainable economy.