The fear of a major stock market crash has returned to global financial markets, and it does not appear that there will be an easy fix this time. For the first four months of 2019, the mainstream media told us over and over again that a great deal of progress was being made on a trade deal with China and that negotiations would soon reach a final conclusion, but now it has become clear that those news reports were fake news. For a variety of reasons, the Chinese have been slow playing negotiations all along. Once they got the Trump administration to suspend the implementation of any new tariffs while negotiations were ongoing, the Chinese no longer had any urgency to reach an agreement. In fact, if the Chinese could have run out the clock all the way to the 2020 election, they surely would have done so. They would very much prefer to negotiate with someone else, and I think that President Trump has finally figured out that he was being played. On Sunday, in a very angry two part tweet Trump announced that he is going to slap China with huge new tariffs. Chinese Vice Premier Liu He has cancelled his trip to Washington this week for trade talks following a tweet by President Donald Trump threatening more tariffs because the talks have moved too slowly.
After Trump threat the chinese stock market had its worst day in 3 years. Stock started to crash all over the World and we experienced a small dose of the upcoming global stock market crash.
Experts warn that a prolonged trade war between the world’s two largest economies risks fragmenting the global market and questioned if the US could weather another economic collapse.
Even without the collapse of trade talks with China, we were definitely hiding toward to an economic crisis. We have a major stock market crash in place. It’s just a matter of playing out in some of these other funny numbers. The reality is on the downside, where you have mixed pressures right now. The U.S is on the way of another financial collapse and we can’t to anything to stop it.
———————————————————————————
THIS VIDEO CREATED FOR EDUCATIONAL PURPOSES BY A PROFESSIONAL MOVIE MAKER WITH HIGH QUALITY EDITING. THE VIDEO NARRATED BY A WORLD CLASS VOICEOVER ARTIST. SCRIPT, FOOTAGES, IMAGES, MUSIC USED BY PAID LICENCES.
Script written by Michael Snyder, author of theeconomiccollapseblog.com
Music: CO.AG Music
Most of artwork that are included with these videos have been created by Epic Economist and they are used as a representation of the subject matter. The representative artwork included with these videos shall not be construed as the actual events that are taking place.
Fair Use Notice: This video contains some copyrighted material whose use has not been authorized by the copyright owners. We believe that this not-for-profit, educational, and/or criticism or commentary use on the Web constitutes a fair use of the copyrighted material (as provided for in section 107 of the US Copyright Law. If you wish to use this copyrighted material for purposes that go beyond fair use, you must obtain permission from the copyright owner. Fair Use notwithstanding we will immediately comply with any copyright owner who wants their material removed or modified, wants us to link to their web site, or wants us to add their photo.
Anything that is said on the video is either opinion, criticism, information or commentary, If making any type of investment or legal decision it would be wise to contact or consult a professional before making that decision.
Use the information found in these videos as a starting point for conducting your own research and conduct your own due diligence before making any significant investing decisions.
0 Comments