The Biden administrations Biggest Mistake | Felix Zulauf
Felix Zulauf talks about how the use of the US dollar as a weapon hurt the economy as a whole.
Due to these efforts by the Biden Administration, certain nations are starting to rely less on the U.S. Dollar, which is causing the U.S. Dollar role to fall. Additionally, he talks about the Swift System, a worldwide payment system that excluded several Russian institutions.
Watch this short clip from Felix Zulauf: Bust/Boom Cycle Ahead As “Decade Of The Rollercoasters” Kicks Off
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There’s no doubt that it's a very challenging time right now for the average investor. Above and beyond the recent economic impacts of COVID, the new era of record low interest rates, runaway US debt and US deficits, and trillions of dollars in monetary and fiscal stimulus stimulus has changed the rules of investing by dangerously distorting the Dow index, the S&P 500, and nearly all other asset prices. Can prices keep rising, or is there a painful reckoning ahead?
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