500 index of leading shares consistently outperforms the stockmarkets of other countries. America’s economy has proved to be a reliable source of growth. It has emerged from the pandemic more strongly than just about anywhere else. After a brief loss of energy in the summer it is now showing renewed vigour.
One currency that has kept up with the dollar is the yuan. This is because more money is flowing into China than out of it. Bumper exports to America have contributed to a huge trade surplus. Portfolio capital is washing in. Foreign investors are loading up on bonds and stocks, which are now a bigger part of their benchmarks. Meanwhile less money is leaking out. Spending abroad by Chinese tourists has all but vanished, as a consequence of travel bans.
Joke of the day! 😂😂😂😂
wow
The U.S. owes China more than $1trillion. China will soon stop paying to keep the U.S. alive. The U.S. has a ratio federal debt to GDP of almost 150%. It is broke and broken. Freely creating dollars cannot work forever. The U.S. has nothing to stop 'communist' China to take over.
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