Loading ...Trade War & The Stock Market
The trade war between the US and China is heating up. Both countries are going tit for tat. The latest move was China retaliating against Intel chips after the US sanctioned Huawei chips the other day.
This will build as Biden and the Neocons need an excuse for the guaranteed recession and stock market crash that is about to begin. Better than an all out shooting war, but these events were going to play out anyway, based on our political and economic policies.
They have their scapegoat going into the election. Let the collapse begin!
Trade war with China heating up? Let the collapse begin?
WW 11 war in the Pacific began with the US blocking oil supplies to Japan. It progressed to Pearl Harbour and ended up with Hiroshima and Nagasaki.
Be careful what you wish for.
I am not wishing for it. I just said the Neocons and Biden wanted it and the collapse and stock market decline that is about to take place would be blamed on this. It is the excuse for their failed policies. I agree with you that if the Neocons continue to escalate it could lead to all out war which I stated above. Don’t shoot the messenger.
Of course you are correct, CM. It is the neocons who want war.
Do you expect the market will sag and correct, or are you anticipating an outright collapse?
Good question. Based on experience and the charts and technicals I would think it would be a fast hard drop, BUT because the govt. is so involved in manipulating everything to a much greater extent than ever before, this is being propped up more than expected. I don’t know if they are able to keep it from crashing or not, or if they are able to print and throw so much money at the markets that they keep the ball in the air even longer than they already have?
Actually it is the US who is blocking Intel from exporting certain chips but the effect is the same. China will probably respond as they did recently with certain rare earth minerals.