My friend is pretty smart and he left France to work in the US a while ago. He’s pretty pissed at the election though, and afraid especially since his wife is black. He’s seriously considering moving back to France.
Unfortunately as long as the US remains the global financial hegemon through the dollar, it’ll continue to be the most lucrative place to obtain assets globally.
Double Unfortunately the dollar is probably going to reach 1985 plaza accords levels of strength vs other currencies, but without the global economy working together to help the US like it did before.
An overly strong dollar will likely destroy the US’s ability to export goods.
This is not a place for smart people
My friend is pretty smart and he left France to work in the US a while ago. He’s pretty pissed at the election though, and afraid especially since his wife is black. He’s seriously considering moving back to France.
He should do more than consider. Especially because of his wife.
Unfortunately as long as the US remains the global financial hegemon through the dollar, it’ll continue to be the most lucrative place to obtain assets globally.
Double Unfortunately the dollar is probably going to reach 1985 plaza accords levels of strength vs other currencies, but without the global economy working together to help the US like it did before.
An overly strong dollar will likely destroy the US’s ability to export goods.
I fear we’re quickly becoming the next Sentinel Island, but not by choice.