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Posts by "evanrowe"
25 Posts by member
EvanRowe
(Florida, United States)
EURUSD 1.1851 |
USDJPY 111.52 |
GBPUSD 1.3772 |
AUDUSD 0.7485 |
USDCAD 1.2406 |
GBPJPY 153.59 |
EURJPY 132.15 |
AUDJPY 83.48 |
CADJPY 89.86 |
Silver 26.23 |
My fundamentals story is that there is a shrinking amount of space for private investment, at least the type of investment that can create massive employment. If this triggers enough social backlash, then all bets are off. You have periods of business dominance in history. But you have periods of major statism (the last great depression being a case in point) where the state has distinct advantages at answering where the private sector has difficulty answering.