US economic politicians have simply downgraded the economic strength of US through the on going tussle over the debt ceiling limit hike. Negative sentiments have become the smell over the
Chinese rating agency Dagong Global Credit Rating Co. said Wednesday it has cut the credit rating of the United States from A+ to A with a negative outlook after the U.S. federal government announced that the country's debt limit would be increased. Since lifting of the debt and the ongoing war of US politics have shaken trust on the debt re payment capacity and strategy outlook of US. The wars of politics of US over the debt limit have made the world economy to understand that Us economic policies and its dollar is no longer to be taken for safe heaven. Its policies will be convoluted and its affects will be reflected over the dollar which is an international currency for trading.
I think this might be the right time for
An even investment advisor across the world has asked its inventors to overlook US and do investments in emerging economies. They have argued in client meetings, not only has growth in
Inflation number and interest rate hikes in emerging economies have resulted these economies to be less growth opportunistic mines as compared to gold. Industrial activity is declining throughout the world, including the
Moreover investments needs to find new avenues but new avenues will come from hard thinking from the minds of the economist across the world .I think we economist should stop thinking about economic growth through pumping funds. We should try to develop new areas of investments for the coming decades on this planet. By the way to finish the article and also to continue writing in my next article, gold will be the next trading segment where as commodity market will be many times bigger than the stock market in coming days in emerging economies.
For your knowledge I would like to conclude that US has already hiked the debt ceiling of US which counts to be the 79th time in half a century.