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reply to Global forces impacting the U.S. economy and politics include trade relations, geopolitical events, and economic interdependence. For example, trade tensions with China or
reply to Global forces impacting the U.S. economy and politics include trade relations, geopolitical events, and economic interdependence. For example, trade tensions with China or geopolitical conflicts can influence U.S. markets and policies. Personally, these global forces affect daily life through economic stability, job opportunities, and inflation rates. An example is the Federal Reserve's monetary policy, impacting interest rates that affect borrowing costs and investments. This influences my financial decisions, such as mortgage rates for a home purchase. Additionally, political decisions on healthcare and taxation impact personal finances and access to services. Health care prices are one of the main reasons I remain in the military, and is a large influence on whether I plan on retiring in the military
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