QUESTION: Dear Mr. Martin Armstrong:

I hope you are well and enjoying your front-beach house, in the Sunshine State. I ask you:

1. What is better for U.S.A., right now?
2. Is a strong U.S. Dollar or is a weak U.S. Dollar?

I look forward to hearing from you as soon as possible.

Sincerely,

Juan
Santiago of Chile.

ANSWER: Potential risks in Chile include a global recession reducing demand for copper into 2026, political instability in Chile, and eventually, a stronger US dollar, making emerging market assets less attractive. While Trump wants a lower dollar to sell more widgets, the problem remains that the push for war in Europe provides an underlying demand for dollars. In addition, the EU is rushing to cancel the paper currency and move to digital as part of the capital controls that have been put on the plate. It does not matter what Trump wants for the dollar; neither he nor any country can alter the fate of the currencies, which are set in motion by many things, especially war.

In Europe, they are not about to suddenly surrender to their Marxist socialist agendas. “A New World Order With European Values” adorned the banners and signs at the World Forum meeting in Berlin. They have declared that the greatest threats facing humanity are the resurgence of populism and free speech. They are advocating silencing anyone who disagrees with them. Just amazing.

The LEFT is losing ground, so this is when they become more authoritarian. They justify themselves by saying that populist movements have victimized the people, so this also leads them to conclude that free speech must end.

This trend is dominant in Canada and Europe, and the countertrend has been Argentina and Trump in the USA. Despite Trump’s idea of a weaker dollar, the lack of common that has engulfed the LEFT, where they refuse to admit that they are ever wrong, will have a profound. impact on the next two years.

Chile’s politics will hinge on the constitutional process, economic management, and societal demands. President Boric faces a critical window to deliver reforms, but polarization and external pressures pose risks. The right could capitalize on setbacks, setting the stage for a contentious 2025 presidential election.

President Gabriel Boric (left-wing coalition Apruebo Dignidad) has been in office since March 2022. His administration focuses on social reforms, environmental policies, and reducing inequality. Challenges include managing economic stagnation, inflation, and public security concerns. The success in Argentina has the potential to become a contagion, and South America could rise as a restored economic land if it finally sheds the LEFTIST agenda that has stagnated the economy overall.