A Saxo Bank ‘Outrageous Prediction For 2017’ says that the spending binge of a Donald Trump presidency could create ideal conditions for the price of Bitcoin to test $2,000 by next year, as the possibility of the US dollar skyrocketing could force emerging markets to seek alternatives. It projects that the Trump regime’s fiscal spending binge may increase the circa $20 trillion of US national debt and potentially triple the current US budget deficit from approximately $600 bln to $1.2-1.8 trillion or some 6-10 percent of the US’s current $18.6 trillion economy.....>> read more
Spending binge: First act as a binge-spender - cancel new Airforce-1 contract (too extravagant)
Second: President Trump refuses a paycheck.
-- so tired of characterizations--
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Maybe rising interest rates will dampen some of the possible bitcoin rise ?
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