I believe the 35 trillion dollar to be a crisis. It has to be addressed. That part in bold, directly related to the value of the American dollar.
Our debt to GDP ratio, is 123%. Japan's debt to GDP ratio is 263%. You won't find poverty in Japan, they are chugging along real good. The Yen is doing pretty good on its own and compared to the USD it is doing just fine. You won't buy anything cheap from Japan either, such as poorly managed countries where their currency has failed. Well we can debate the price of a Busa, such a nice bike should probably cost twice what we pay for it. But then you ride a Tuono right?
Anyways, you fail the test. There are two factors keeping the Dollar strong, one is the ability to serve our debt, the second which is by far the most important has nothing to do with money. I'm going to let you guess that one.
You really believe business school, post grad or not, gives you the definitive answer to a sound economic plan? There sure are a lot of graduates out there not making a killing.
I guess not in general, but sometimes we get a really good college or university who consult with and have presenters who have really succeeded in business, are best in their class, very successful and are willing to share their knowledge and skills with students. If you can, you should try and attend one of those sessions sometime.
I am pretty sure any CPA, or someone who did post-grad based on an accounting degree won't fail the test above as you have though.
Brexit was more, in my opinion, about immigration than economics, but the money part of the issue was that immigrants from other European countries were, in the mind of conservative Brits, hurting the wage making ability of British citizens. Again, this is my philosophy, and I welcome yours even though you, much like Trump, can't seem to see past your opinions.
My bad, apologies, old age, I meant BRICS not Brexit. Again, BRICS is not really a financial strategy, will give you a clue perhaps of the most important thing protecting our currency. Sorry I screwed up, my bad.
I let that go earlier. You have zero idea of my level of education or ability to grasp economic theories. I read with some horror your extremely rude interaction with Bumblebee and I believe it was Wuzza, and kept out of it. Your success in life, if it's not all bull, is because of acumen and definitely not your good graces or people skills.
It's OK, some people really get upset when I call BS, you can hate me. It's probably because I am wrong sometimes too, but I never get my panties in wad when I get corrected. I change my opinion, apologise and move on. You said I have a big ego, right? Maybe we should look at those who have to be right, when they know they are wrong. They hate my guts and it's OK, what is the world without a bit of fun?
My perception of your economics knowledge, is based purely on what you post. Beyond that I have no idea.
BTW, Bee is a great guy, puts a lot into this forum, but sometimes he shoots from the hip and we end up having some fun. I could be wrong, but I don't think he holds that against me. Wuzza? Yeah, he really dislikes me, I don't dislike him though. Just worried about that Honda that blows gas out the pipes. He should really fix that. There are some circlips on the needles of his six carburetors, all he has to do is move them up one or two notches.