We’ve been talking about the pending recapitalization of the United States this week…
For those just joining our conversation, enormous amounts of investment capital has flowed into American assets, Bitcoin, and other cryptocurrencies over the past month. If we look at the charts, it’s clear that the presidential election was the catalyst driving these moves.
There’s an old saying that if you want to know what’s going on, you have to follow the money. And the money is suggesting that institutional capital—large entities like pension funds, endowments, and insurance companies—are betting on significant policy changes.
My read is that we’re going to see a sincere effort to recapitalize the American economy. This will require a significant restructuring of America’s financial and economic framework on three levels:
- Government Debt and Fiscal Health
- Economic Revitalization
- US Dollar Stability
We talked about the US government impending debt wall and the need for dramatic spending cuts on Wednesday. And we hit on the prospect of economic revitalization yesterday.
Today let’s tackle dollar stability. And it starts with this chart…
Continue reading “The last piece of the recapitalization puzzle…”