In early March, the Coronavirus pandemic raged the United States, killing more than 130,000 people and infecting nearly 2.8 million. In this complicated scenario, the world’s leading power celebrates its Independence Day.
The world’s leading economy is showing some signs of recovery in recent days, creating 4.8 million new jobs in May. Some analysts point out that this is the rebound of the dead cat. The truth is that it is showing some signs of recovery.
The United States remains in the dilemma of whether to go deep into the economy or save lives. For now, everything seems to indicate that the economy is the priority. As if that weren’t enough, there are less than five months left before the presidential election, where for now the polls don’t look good for Donald Trump.
The rebound of the dead cat
United States Independence Day is the national holiday celebrated on the 4th of July in the United States.
This day marks the signing of the Declaration of Independence in 1776 in which the country proclaimed its formal separation from the British Empire. It is usually celebrated with many outdoor activities such as parades Cryptosoft, baseball games and fireworks displays. This year with the pandemic there will be very few celebrations.
Why is this Independence Day so important? The main presidential candidates will use this day to „formally“ start their campaign for November, when the future of the United States will be decided.
A few hours ago, Donald Trump published on his Twitter the phrase that led him to the presidency in 2016: „Make America great again“.
America under attack?
It is predicted that in the next few days with the increase in testing in the U.S., up to 100,000 cases can be reported daily. If so, it would be far from solving the Coronavirus problem. It has been reported that in 37 states the number of cases has increased.
Today it was announced that the city of Miami from 10:00 p.m. to 6:00 a.m. will have a curfew to prevent the movement of people in the streets. The situation in Florida, especially in some cities, is complicated.
There is no doubt that the United States is under attack by COVID-19. Some say it is because of Donald Trump’s inability to do the quarantine in time, and others that it simply cannot be avoided. Perhaps, in the middle is the „reason“.
Could hyperinflation in the United States be as bad as in Germany?
The economy of the United States is very important for the region, since most Latin American countries export products there. Moreover, if the U.S. economy continues to close, there will be very little money left for the rest.
In addition, the Eurozone and a possible resurgence must be closely monitored, as some experts point out. If so, the world economy would become much more complicated.
To conclude, we are in a time to reflect very well on what to invest our savings in. Do not miss my reflection tomorrow where I will talk about it, along with some other „surprises“.
I’ll say goodbye until tomorrow with this Woody Allen phrase:
Money doesn’t make you happy, but it makes you feel so similar, you need a very advanced specialist to tell the difference.