July 19, 2024 – After this week's wrap-up, Financial Sense Newshour speaks with popular energy analyst "Doomberg" about the difficult realities the US faces when it comes to resources and trade. Doomberg explains how the US can no longer afford to be the world's policeman and will not be able to win a combined war against Russia and China (for many reasons he cites), which means that if the US is to compete with China on trade and its longer-term reshoring strategy, the next administration will need to significantly weaken the US dollar against other currencies, most notably the Chinese renminbi. This is a fascinating and insightful interview with one of the foremost energy experts and macro thinkers, which we consider a must listen!
Follow more of Doomberg's work, writing and analysis at Doomberg | Substack
To speak with any of our advisors or wealth managers, feel free to Contact Us online or give us a call at (888) 486-3939.
Stay ahead of the news! Subscribe to our premium weekday podcast
