In some ways you predict Russification of the US political economy. If this is the case then re-watch numerous Adam Curtis' documentaries covering the topic to complement your predictive framework. A question would then arise, why would anyone without direct management control of those (SP500) businesses trust to hold any US (financial) assets?
In some ways you predict Russification of the US political economy. If this is the case then re-watch numerous Adam Curtis' documentaries covering the topic to complement your predictive framework. A question would then arise, why would anyone without direct management control of those (SP500) businesses trust to hold any US (financial) assets?
American corporates have incredible power outside of the US - I see Trump and his tariffs as a way to make sure that foreign governments with influence (like the EU) dont act against them. That is Trump puts corporate power above government power.
And yes - given that politically the move it to tax foreigners - owing American assets is tricky
In some ways you predict Russification of the US political economy. If this is the case then re-watch numerous Adam Curtis' documentaries covering the topic to complement your predictive framework. A question would then arise, why would anyone without direct management control of those (SP500) businesses trust to hold any US (financial) assets?
American corporates have incredible power outside of the US - I see Trump and his tariffs as a way to make sure that foreign governments with influence (like the EU) dont act against them. That is Trump puts corporate power above government power.
And yes - given that politically the move it to tax foreigners - owing American assets is tricky