Weakening USD

The impact of the weakness of USD:

1.       More competitive to our export (good for US).

2.       Less profit when foreign profits converted to USD (good).

3.       Cheaper USD payments to our loans to foreigners (good).

4.       Less attractive to invest by foreigners (bad).

5.       Losing reserve currency status (really bad). I bet China is selling and cutting down buying our Treasury bills. They need to use the money for the “One Belt, One Road” projects. Most likely they will use Yuan to finance these projects.

  

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The above is from my book "Profit from coming market crash" available from Amazon.com.


https://www.amazon.com/dp/B078NYR9DD