Tuesday, March 21, 2017

The view of Goldman Sachs

There is an ongoing concern about the Emerging Economies, EEs. 

It has to do with the stance of Goldman Sachs. It has a view that the EEs are vulnerable to: 
                                     1. what the Fed might do?
                                     2. US interest rates
                                     3. the value of the US $
                                     4. the protectionism that The Donald may                                              activate.

The worst thing that the West could ever have used to hammer the EEs was the World Financial Collapse.

What Goldman Sachs fails to see is the EEs survived it and survived it well.
    
What Goldman Sachs does not realize is that the top people in the EEs were utterly shocked and stunned by the grotesque mismanagement by the West of its economy and with a touch of disgust and contempt

It has forced the EEs to rethink everything.

Today, the EEs position is that the West can do a any second reprise to hammer the EEs. And they know that it will not even haze or faze them.









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