The Michigan rep is doubling down.
Many people are talking about secession, tensions are rising.
Many of my ideas around this subject (everything is correlated) have been banned and I was criticized but it's not a conspiracy theory anymore (never was but whatever).
Texit: A texas rep has woved to file a bill to quit the USA. He says the federal government is out of control.
Some "special" people think "this has nothing to do with trading". Not going to get too much into how dumb this is but here: The S&P 500 is made of 500 US companies (not sure the countertrend indicator people know this), ~50 of those are in Texas.
If it leaves the Union those companies will either have to move (and get different taxes, employees etc) or exit the S&P unless there is a special arrangement, and new ones will replace them. Big infra changes etc. And then will Texas use the USD?
And will other states join (several rep of other states have made secession threats). Empires of the past have gained and lost bits all over the USA is not a monolith it has all its states for only 150 years. So dumb to think so...
I can't tell what the odds of this happening are but it changes in real time.
The price today... what happens in the future no one knows... the possibility will be priced in (and then if there are enough fresh individual investors that throw money in the indice price will go up anyway but not as much as if people didn't not reduce exposure...).
Anyway I bought the tech 100 indice a few months ago and forgot about it, it kept going up I am disappointed I was hoping for more consolidation to buy more but fine.
Countries with low corporate taxes and more libertarian in general go up up up.
Even auth fascists countries go up because the iron hand government lets entrepreneurs focus on production basically.
Infinite debt, a government that takes and spends more than half the GDP, free healthcare for the whole planet, and so on, this is not a good long term investment. Very simple. Argentina was a bad investment, Zimbabwe too.
Plus I mean how can these people that complain, complain about this?
"I don't care about monetary policies geopolitics or economics I just want money"
These peoples are eternal losers. The vast majority of traders just care about the end goal, well sorry that's not how it works. Greedy pigs seriously. Good thing karma exists. The vast majority of traders are losers.