Americans can absorb the hike due to looted wealth anchoring the dollar. ROW is worse off.
Can you elaborate? All micro and macro economic indices show that there is a significant portion of the US population that is financially insecure to the point that they are already in poverty, or hovering just above the threshold of being impoverished. Many Americans already live paycheck to paycheck with no savings. Even a short stay in hospital can cause people to be in severe debt for years.
Very dangerous:
English Translation:
"Watch out".. Sisi warns bin Zayed during the lunch meeting.
A video released by the WAM agency, according to a lip-reading analysis, shows President Abdel Fattah el-Sisi saying "watch out," directing his warning to the President of the UAE during a lunch session in Abu Dhabi, as part of a visit he made recently.
And in another clip, he said, raising his index finger, "don't waste time."
