IMO, the stock market is presently way overvalued and should be way down. Most of the rest of the world is as overextended as the US. Our current debt is above 100% of GDP and we are racing to catch up to Europe, Greece, Ireland and China.
As soon as one of these countries defaults on their debt, we will see the rest fall like dominoes. When that happens we will see a global depression that will make the depression of 1929 look like a day at the park.
This is the danger of having interconnected global economies that the “one-worlders” have pushed us toward. Global economies don’t work and only serve to be like welfare in America. the people who work and pay taxes end up supporting those who have decided that they don’t want to.
This is what the global economy has brought us.
——This is what the global economy has brought us.——
Ha, ha, ha.
The change you are having problems with is the result of winning WWII. Those nations and peoples now fully emerging from the wreckage and colonialism seek to have better lives.
The global economy is global striving for better more prosperous lives. Your negative view is to uphold a past that was but a small blip, 50 years at best, in world history. The task for America is to keep on keeping on an destroy the progressive disease that misunderstands the current reality
Those of us in business like international customers. They pay us money and maintain jobs