Will the#American#الدولار really collapse?
the summary:
He expects the bankruptcy of the United States and the collapse of the dollar.
* US economic growth is slowing due to rising prices and interest rates.
* Consumers spend less, which affects businesses.
* The labor market is resilient, but unemployment is rising.
* Public opinion on recession is divided, with no clear signals from indicators such as the stock base.
* The 2024 elections and other tensions may affect the economy.
* The International Monetary Fund is concerned about debt levels and trade tensions.
note:
*This is not financial advice.
*See the terms and conditions.
Sources:
* Elon Musk’s tweet: https://www.forbes.com/sites/mikepatton/2023/11/10/congressional-overspending-could-bankrupt-america-what-you-need-to-know/
* Reuters: https://www.reuters.com/markets/us/us-fourth-quarter-growth-revised-up-weekly-jobless-claims-fall-2024-03-28/
* Vanguard: https://investor.vanguard.com/corporate-portal
* Conference Board: https://www.conference-board.org/
* International Monetary Fund: https://www.imf.org/en/Home
