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Financial Learning
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isn't me or I feel like the world is about to hit an economic recession. Donald Trump is trying to hit China but eventually, other countries across the globe will be affected as well ( including American allies)
No economist in the world can predict the domino effect. This is like the Iraq war all over again. Most Americans think they will just invade Iraq and plant an American flag in the Islamic world & turn the entire region in the middle east into democracy.
but now the middle east is even more dangerous than 20 years ago.
Posted : 16/05/2019 8:34 pm
everyone is talking about the trade war as if it's going to start world war 3.
donald trump basically want to change the world trading system, where the wealth is being transfered to china. the elites ( amazon, walmart ceo) are getting rich off chinese cheap labor, cheap currency in expense of selling our futures to have china as our authorian communist imperialists masters.
the global corporation that relies on cheap chinese labor will just move to vietnam, mexico or whatever countries that can supply cheap labor, cheap currency.
the world is not going to collapse! its just temporary until new companies will rise to compete with amazon, walmart etc.
Posted : 17/05/2019 7:28 pm
Most of the stock market will collapse. Correct?
Posted : 17/05/2019 9:59 pm
You guys dont understand the power of greed. Even with trumps tariffs or global tariffs as you call it, Company will find a way to take advantage of the chinese slave labor.
If americans wont take advantage of the chinese slave labor, then some foreign countries will use chinese labor to compete with American companies.
Posted : 19/05/2019 7:42 pm
trump will back out of the trade war because it looks like the US will declare war on Iran, the Chinese will just laugh.
Posted : 20/05/2019 4:25 am
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