Thursday, December 15, 2016

A strong dollar may not be the 'unambiguously good' thing so many proclaim it to be"

http://www.zerohedge.com/news/2016-12-15/history-global-crises-through-eyes-us-dollar-redux
When there are economic geopolitical crisis' elsewhere, the US dollar has risen as money flees to safety, which appears to be what's happening now.

India is having a bank run after canceling the changeability of some of its currency

Venezuela...

Chinese capital

Ran into a fellow who chose to get Social Security asap, as he thinks it's going to get cut

Multiply that guy by the number of unexpected beneficiaries thinking the same

Pension plan runs in Texas, but it's worse elsewhere, which at some point has to come ashore