Business as Usual?: China Scoops Up More Gold for Reserves During Trade War By Ranjeetha Pakiam August 7, 2019 Bloomberg There’s a powerful constant amid the to-and-fro of the U.S.-China trade war as currency policy gets dragged into the standoff between the world’s two top economies: Beijing wants more gold […]
Business as Usual?: Preparing For Long Term Crisis? Chinese Suddenly Stocking Up On Everything. Just like the Brits for Brexit. PNW. August 9, 2019 Does China believe that we are on the verge of a major global crisis? The communist Chinese government has always been very big into […]
Business as Usual?: Trump flirts with currency war in escalating conflict with China. Wants to ‘devalue’ or weaken the dollar. Heather SCOTT. AFP•August 8, 2019 Washington (AFP) – President Donald Trump on Thursday took a step closer to sparking a currency war in the escalating conflict with China, […]
Business as Usual?: These Indicators Show the Global Economy Is Probably Already in Recession Financial markets and commodity prices show a high probability the economy is in recession or will be soon Reuters John Kemp Aug 07, 2019 The global economy is probably in recession, with most cyclical […]
Business as Usual?: The U.S.-China Trade War Is Steering the World Toward Crisis and There Is No Easy Retreat Charlie Campbell / Beijing. Time•August 7, 2019 Leaders and elder statesmen of the Chinese Communist Party (CCP) gathered at the balmy seaside resort of Beidaihe just east of Beijing Saturday to […]
Business as Usual?: Goldman Sachs sees no trade deal before 2020 U.S. election, now expects three rate cuts Reuters•August 6, 2019 LONDON (Reuters) – Goldman Sachs said it no longer expects the United States and China to agree on a deal to end their prolonged trade dispute before […]
Business as Usual?: China could unleash this weapon on the financial markets to wallop the US Brian Sozzi. Editor-at-Large. Yahoo Finance•August 6, 2019 China best keep from adding one weapon to its arsenal in its escalating trade war with President Donald Trump. Because if it doesn’t, the blowback […]
Business as Usual?: Global debt hits all-time high of $184,000,000,000,000 Published time: 15 Dec, 2018 06:50 RT The world’s debt currently exceeds $86,000 per person on average, according to the International Monetary Fund (IMF). The US, China, and Japan are the top three global borrowers, accounting for more […]
US Farm Groups Sound Alarm Over Trump’s China Trade War Escalation Mike Dorning. Bloomberg•August 5, 2019 (Bloomberg) — Major American farm groups sounded an alarm Monday after China halted U.S. agriculture imports, signaling a key Republican political constituency is losing patience with President Donald Trump’s escalating trade war. […]
Business as Usual?: Trump is playing a dangerous game with America’s economy By Matt Egan, CNN Business Updated 7:36 AM ET, Tue August 6, 2019 New York (CNN Business) President Donald Trump’s escalating trade war against China threatens to inflict a powerful shock to the American economy that not even the Federal […]
