RELEVANCE OF JOHN THOMAS FINANCIAL TO ECONOMIC ANALYSIS
The dollar serves as main feature of the United States economy. It is equally considered to be the main reason why there’s never a likelihood of failing to meeting the required obligation especially being that most of the debts are denominated in dollars. This therefore means crediting bank accounts serves as the only way out. It also explains how the government has managed to stay in control. According to John Thomas Financial chief economist Mr. Norman, when it comes to the best possible approach to counter the effects of the far reaching consequences of a credit default, the situation tends to turn into a macroeconomic debate that is dominated by politics, a factor which completely seems to distinguish what can be done and what can’t be done.
Besides explaining the situation into details, Mr. Norman opens saying why the entire situation is not in any way related to monetary issues instead it is politically motivated. The United States is more than able to make payments but it is up to the congress to authorize all forwarded requests after thorough debate. Even after the US debt ceiling has already passed through several increments many times in the past, the congress still insists in the debt ceiling negotiation which they use as a leverage to realize a few of their agendas which include dramatic spending reductions.
Having been operational for a long time, John Thomas Financial under the leadership of Anastasios Belesis who has helped steer the company towards greater success by taking advantage of the experience gained to make predictions most of which the end results have always seen a significant amount of cuts that would have generally impact negatively on the economy increased debt ceiling if left unattended to. This is likely to make it a challenge to cross over into a new financial year as the government will have to deal with whichever situations will follow. If the situation is to be controlled, the government must not only review but also balance its budget and redirect a significant amount of the raised funds into the private sector.
Above, is simply an argument brought forward by John Thomas Financial, a full service independent broker and investment firm operating form within the heart of New York’s financial district. The firm has also recently managed came up with an economic outlook report which has in turn put it in the front line hence the reason why views from its professional personnel such as Mike Norman on matters directly relating to economic analysis are given priority and serious considerations. The company has also managed to incorporate into its operations the modern monetary theory (MMT) which overtime has translated into exceptional results to currently being a preferred solution provider for the down grade of US credit and European solvency. The incorporation of the (MMT) at John Thomas Financial was Anastasios Belesis expansion strategy which evidently has allowed the company to make significant advanced economic forecasts.
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