The United States is expected to be the only one out of 184 countries to see foreign visitor spending fall in 2025, according to the World Travel and Tourism Council.
exactly. not only is it mainly made of their money with whatever retirement and such from those doing better in the middle being a pittance in comparison but they also aren’t really investing and just holding it there because there is no real other option. Meanwhile as wealth disparity gets worse less of the regular folk even have anything in it. So it goes up because people who have money don’t have anywhere else to put it. Should be interesting once we see the us market doing poorly while europe and asia do alright or if the bond markets falls apart.
exactly. not only is it mainly made of their money with whatever retirement and such from those doing better in the middle being a pittance in comparison but they also aren’t really investing and just holding it there because there is no real other option. Meanwhile as wealth disparity gets worse less of the regular folk even have anything in it. So it goes up because people who have money don’t have anywhere else to put it. Should be interesting once we see the us market doing poorly while europe and asia do alright or if the bond markets falls apart.