The market took a fall yesterday and, at the end of the day, the DOW had plummeted an unprecedented 461 points. The Dow has fallen before, except this time, there is the problem of the falling dollar as well as the falling Dow. To keep the dollar from plunging, higher interest rates are necessary or China won’t continue to buy our bonds. But higher interest rates will bring on the recession, which may very well already be on its way.
Tax cuts? Bush already did that — $3 Trillion of increased National Debt in the last six years!
What to do?
ARTICLES and ANSWERS 2020 