Here we go again… Trump makes statements that go right across the official policies of the United States and do a lot of damage to the national economy. Honestly, at this point it seems that Trump wants American economy to be as weak as possible despite what he says. And what dollar is to do at times like that? Of course, little by little American currency that was imposed on the rest of us throughout the years is losing trust of traders and investors taking itself lower and lower every time.

With the fourth consecutive decline of the greenback that followed Trump’s statement that he believes that EU and China are manipulating their national currencies in order to profit. [the statement reads “I think China’s manipulating their currency, absolutely. And I think the euro is being manipulated also,”] is marking the recovery of other segment of the market. Commodities are up, indices are traded mixed with lira turmoil not being in the past but all and all markets today are looking very good and it is a pleasure to see them like that every once in a while. But the situation like that cannot go on for much longer.

The USA are the biggest economy in the world and they definitely need a strong national currency in order to sustain their status and hold the world balance intact. Of course, drop by 0.1 percent that have been ongoing for the country’s currency, especially given that it has been on the top position just a week ago will not do too much irreparable damage, but with tendency like that there is a lot of trouble ahead for the greenback.

With President as inconsiderate for the world’s economy the situation for the US can end in several ways. First, which seems the most logical to us, impeachment of Trump. A lot of people have been talking about it and right now it seems like the time for that. But there has been no American President that has been impeached so far. But then again there has been no American Present who have been undermining American economy so hard for the entire term.

The second is to step down form the pedestal and let Chins occupy the place as the biggest economy in the world. In this case a lot of changes are going to emerge in the world but at least the damage would be minimal. And the third one is the most damaging of all of the possible situations: let the situation go on as it is. Which is probably what is going to happen anyway, so it is safe to talk about it.

Yes. There is a huge possibility that Trump will be the one, pushing world economy over the crisis edge. And no one wants that to happen. But unfortunately it is on the table. Trump will go on arguing with Federal Reserve Chairman over interest rates and accuse other countries of being manipulative and all of that is going to pull dollar lower.

On the bright side other instrument are growing. That’s something, right?

Boy, that Christian pastor didn’t even know what is going to happen to the economy of several countries and all because of one person. NATO countries are all shaken up pretty bad with Turkish economy being plunges into crisis. In his turn Trump stated that he will do nothing in order for American pastor to see freedom once again and as a result to improve current situation between Turkey and USA.

Countries continue to argue whether American priest was involved with American secret services and whether he was a spy, but that question is really not as relevant right now. The real question is whether we are going to see strong numbers for emerging economies once again. The fact that Turkey is a NATO country only puts more oil in the fire with the allied countries being not sure what to do in this dispute.

It seems that the USA are already prepared to impose more sanctions on Turkey. But can the markets withstand it? We are not sure. With a lot of instrument looking exclusively on dollar in order to understand what direction to move in it is likely that we won’t even see the oncoming storm. Sure, we know of the hazard now, but if the greenback goes on sinking it is possible that growing prices for oil and gold will simply distract us for the emerging markets.

So, for the foreseeable future rule number one: watch everything very closely.

It is at moment like these we can see all of the imperfections of the modern system, where everything is connected to everything. Of course, there is no other way of building the system, but right now we wish it were possible.