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The Further Decline in International Reserves - Hugo Salinas Price - Plata.com

Mr. Salinas Price,

President elect Trump may be aware of this line of reasoning which you have outlined. Perhaps an orderly withdrawal, is the best possible course for the U.S. and the world. I doubt that you are a champion of the status quo, so what would be some alternatives to the U.S. peacefully retreating from it's role as Empire builder?
My suggestion would be truly free trade. Secure borders, but with a very simple and quick means to achieve legal entry into the U.S. This would encourage the free movement of goods and workers into and out of the U.S. Lead by example and outcompete the rest of the world at the same time. However, since I am not the POTUS, my suggestion won't get very far. Oh well.

It may be too late to avoid the crack-up boom, but perhaps that is what Trump is attempting.

Commented 2857 days ago

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Beginning of the headline :International Reserves in the world’s central banks have declined from $12.032 Trillion dollars, the peak reached on August 2, 2014, to $10.814 Trillion dollars on January 13 this year, as registered by Bloomberg. This is a decline of about 10.12%. Over the past 29 months, the decline in Reserves took place at a rate of about $42 billion dollars a month. At this rate, by the end of 2017 International Reserves will likely decline by another $504 billion dollars, to $10.31 Trillion, which will in... Read More

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