After 17 years the US government is once again shut-down for
lack of funding. My colleagues and I are sitting in the conference room and are
rather amused by the fact that the whole world witnesses the pathetic lack of
leadership in the White House. Events like this make me happy and further show
that our move to pull out most of our investments out of the US was indeed the
right one.
The moron who is allowed to run the White House has ignored
the economy and pushed his socialist agenda as far as possible and now, thanks
to the Tea Party, the debt limit has not been raised; at least not for now. The
clown who calls himself President pushed his Dumbamacare, an idiotic health
care reform which is opposed by 57% of the population, and now arrived at a
huge embarrassment.
I am glad that the Tea Party has given him a we-don’t-care
attitude and hopefully forces some positive changes. This shut-down will likely
only be temporary, but we are all allowed to hope for a prolonged shut-down
which will teach the socialists and their supporters a lesson.
The red pest which has invaded the US wants to increase
taxes and borrow even more money from foreign governments in order to keep the
illusion alive that the US is a strong and powerful country. The sad truth is
that the US has become nothing more than a little bitch to rich foreign
governments such as China and Russia and is not really allowed to do anything
without their permission.
The US runs around the world screaming freedom, but has sold
itself already and does not enjoy any freedom. It is time that the public
awakens from their fairy tale and face reality. The US is in similar shape than
Greece is with the difference that nobody cares to assist the US thanks to
their idiotic foreign policy.
We will not get the September NFP report which really does
not matter. The report will point to a weak labor market and low quality job
creation which will not benefit the economy. The housing market may be impacted
a lot more than other parts of the financial system and forex traders should
trade the USD with caution as we may witness violent swings which will also
present great opportunities.
The worthless USD is a bit oversold and we may experience a
minor counter-trend move in order to lose extreme conditions before the USD
bashing will continue. Expect the GBPUSD as well as the EURUSD to finish 2013
at the highs for the year.
We will now resume our conference, but the government
shut-down gave us reason enough to be amused about misstep after misstep out of
the crumbling and burning US. That is what you get when you force top talent
out of the country and execute your socialist agenda.
0 comments:
Post a Comment
Leave an amazing message and don't forget to come back and earn pips with us.