In fact, if we pull the events back further, starting from the pandemic, the U.S. flooded the market with money, creating a global bubble, and then raised interest rates.
This is actually a typical dollar harvesting process, but so far in this round, not much has been harvested. It seems that only Soros made a bit of money shorting the UK, which is far from the gains during the 1998 Asian financial crisis when Wall Street truly made a fortune.
This time, there are only some small players, similar to what happened in Sri Lanka before; selling off the whole country didn't bring in much money.
So the boss replaced the not-so-generous Biden with the strongman Trump, who came in with a set of tough tactics, stunning the whole world.
It seems to be having some effect.
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