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RE: Early Market Update and Mnuchin's Threat to Cut off China from U.S. Financial System.
The U.S. still believes it can dictate terms to the world. Where is there any backing to their threat? I believe their ability to police the world is over.
I tend to think that this North Korea question is being used as an excuse just like Brexit for a massive dollar devaluation and inflation as all the dollars exported abroad over the last decades come home. The US government and the Fed will be able to shift the blame to China and North Korea.