The current global economic issue is actually quite typical: apart from China, other countries are experiencing industrial decline and deindustrialization. Their limited competitive industries can’t support the national economy, which is why debt in Europe, the US, and Japan keeps soaring, and their currencies keep depreciating. As a last resort, they’re all being forced to raise interest rates. Today, Europe has raised interest rates for the second time. Next up are the US and Japan. If Europe and Japan both raise rates, the US doesn’t have many options. Either it raises rates to maintain the interest rate differential, or it continues to stir up chaos in Russia-Ukraine and the Middle East to drive up oil prices, putting pressure on its allies and forcing capital to flow into the US dollar as a safe haven. At the same time, it needs to maintain the appeal of the AI narrative, because the US economy can’t handle the pressure of capital outflows. So while high oil prices seem like they would force the US to raise rates, in a way, they’re also the antidote to not raising rates. After all, raising rates isn’t the goal itself—the goal is to bring dollars back. If high oil prices alone can squeeze allies and achieve this goal, there’s no need to overcomplicate things. @BITstocks_CN Buy US stocks on BIT, 10,000+ US stocks and ETFs, real holdings, enjoy dividends. #Investing #Finance