In a post on the microblogging platform X (formerly Twitter), Kiyosaki compared the U.S. to a “deadbeat dad” living off borrowed money without a job or responsibilities, in response to the credit downgrade. He cautioned that a downgrade by Moody’s could lead to higher interest rates, potentially pushing the U.S. into a recession.
Nilesh Shah says China’s $1 trillion trade surplus is built on an undervalued Yuan, not just on innovation and competitiveness
Kotak MF’s Nilesh Shah says China’s trade surplus topping $1 trillion in 11 months is not just due to innovation and competitiveness, but also a