Read more at https://www.channelnewsasia.com/news/business/global-recession-fears-grow-as-manufacturing-shrinks-across-asia-11590848
(Updated: )
Lam Chian Leong
(1) This is the 1st time a foolhardy President from US - through his rash and reckless actions bring a Global Economy down from growth into a possible recession - with his foolish trade war.
(2) 1930 Deep Depression is triggered by US trade tariff against the World - and led to World War 2.
(3) Trump thought that he can pull off a Ronald Reagan Plaza Accord against Japan using tariff --- but he now in fact losing control - and inch towards more like the 1930 Deep Depression and the Miliitary Confrontation of SuperPowers.
(2) 1930 Deep Depression is triggered by US trade tariff against the World - and led to World War 2.
(3) Trump thought that he can pull off a Ronald Reagan Plaza Accord against Japan using tariff --- but he now in fact losing control - and inch towards more like the 1930 Deep Depression and the Miliitary Confrontation of SuperPowers.
(4) Posted in January 21, 2017
Trump's impact on the World is quite grave.
(1) Economic impact
(2) Security impact
Trump's impact on the World is quite grave.
(1) Economic impact
(2) Security impact
Let see whether the World can last this 4 years without any major catastrophe - economically and security.
---
---
Hour before the announcement of US Election result :-
One Big Bang comes ------ Lightning strike and Thunder roar - when reading the 1st headline of US Election result .....
And a "Vision appear" --------- there will be One Big Bang.......
And a "Vision appear" --------- there will be One Big Bang.......
Let's hope the vision of 1930s Great Depression (Economic Impact) follow by World War 2 (Security Impact) -------- will not be repeated from 2017 to 2021 .....
Because it will end the Mankind .......... if there is WW3........
Like · Reply · 1m
Chow Yoon Seng
Let not the gangsters bully the world. Sanctions everyone who doesn’t kowtow to their dictates.
Let them suffer the same fate as the rest of the world... be it recession or war.
Let them suffer the same fate as the rest of the world... be it recession or war.
Like · Reply · 51m
Ravin Benedict
Many experts warning this may mean many Chinese businessman may potentially will go bust due to their heavy debts and over investments already committed. Looks like a major change in world economy and how it was running on a tipping scale all these while. All countries apply tariffs to import products except US. And now they also applied it and the entire business mode is changing. That shows how big is US economy to the world looks like.
Lam Chian Leong
(1) If you want to boast about US economic might - just look at how it boomerang back to US.
(2) The odds of a US recession by next year have increased sharply, with mounting protectionism continuing to pose the greatest economic threat, according to a business economic survey.
Increased trade protectionism is considered the primary downside risk to growth by a majority of respondents, followed by financial market strains and a global growth slowdown.
The panelists put the odds at 60 per cent for a US recession before the end of 2020.
(3) And before you mock at China business debt - look at US public debt - it is US$23 trillion (more than 4 times that of China). China public debt is about US$5 trillion.
(4) And in case you do not know how much China reserve has - it is more than US$3 trillion.
US reserve is only US$126 billion.
(5) So before you laugh at others - look at yourself first.
(2) The odds of a US recession by next year have increased sharply, with mounting protectionism continuing to pose the greatest economic threat, according to a business economic survey.
Increased trade protectionism is considered the primary downside risk to growth by a majority of respondents, followed by financial market strains and a global growth slowdown.
The panelists put the odds at 60 per cent for a US recession before the end of 2020.
(3) And before you mock at China business debt - look at US public debt - it is US$23 trillion (more than 4 times that of China). China public debt is about US$5 trillion.
(4) And in case you do not know how much China reserve has - it is more than US$3 trillion.
US reserve is only US$126 billion.
(5) So before you laugh at others - look at yourself first.
Like · Reply · 1m · Edited
Lam Chian Leong
(1) US GDP is US$19 trillion - but the public debt is US$23 trillion.
A large part of the debt is finance by external creditors eg. China US$1.3 trillion, Japan US$1 trillion plus many other Countries.
US need to pay high interest to all the external creditors - and a large part of US wealth flow out of US Economy.
(2) China GDP is US$13 trillion - and its public debt is US$5 trillion.
Most of its debt are finance by internal creditors. This means the debt is domestic debt - and don't flow out of the Economy.
(3) Trump do a huge tax cut and use large debt to finance its economy - the moment creditors start selling US Treasury Bill and no longer hold US$ - US economy will implode.
(4) This will accelerate when Trump launch a big trade war against all its trading partners --- and the trading partners will start to look elsewhere for trade instead of trading with US.
(5) When this happen, the incentive for Countries to hold US$ will be dampen - and more Countries will hold yuan, yen and Euro - if the trade increase with these Countries.
(6) Then US$ will plummet, US Economy will plummet as creditors no longer want to buy US Treasury Bill and hold US$. Countries not trading so much with US will also stop holding US$.
(7) As US public debt increase but no external creditors want to lend it money, if US try to print money through quantitative easing to repay its mammoth debt ---- then US$ value will become like banana money (worthless like Venezuela).
(8) Trump is plundering US Economy ----- in case you are still very proud of him.
A large part of the debt is finance by external creditors eg. China US$1.3 trillion, Japan US$1 trillion plus many other Countries.
US need to pay high interest to all the external creditors - and a large part of US wealth flow out of US Economy.
(2) China GDP is US$13 trillion - and its public debt is US$5 trillion.
Most of its debt are finance by internal creditors. This means the debt is domestic debt - and don't flow out of the Economy.
(3) Trump do a huge tax cut and use large debt to finance its economy - the moment creditors start selling US Treasury Bill and no longer hold US$ - US economy will implode.
(4) This will accelerate when Trump launch a big trade war against all its trading partners --- and the trading partners will start to look elsewhere for trade instead of trading with US.
(5) When this happen, the incentive for Countries to hold US$ will be dampen - and more Countries will hold yuan, yen and Euro - if the trade increase with these Countries.
(6) Then US$ will plummet, US Economy will plummet as creditors no longer want to buy US Treasury Bill and hold US$. Countries not trading so much with US will also stop holding US$.
(7) As US public debt increase but no external creditors want to lend it money, if US try to print money through quantitative easing to repay its mammoth debt ---- then US$ value will become like banana money (worthless like Venezuela).
(8) Trump is plundering US Economy ----- in case you are still very proud of him.
Like · Reply · 1m
Lam Chian Leong
(1) To summarise, US Economy might - is based on large borrowings of tommorrow money (from external Countries and internal debt) - to consume beyond its means.
(2) So US economy is highly dependent on the World to buy its products and provide loan to it - in order to consume to boost its economy.
(3) If the Trump mess up this relationship between US and the World - when the World stop buying US planes, autos, weapons, IT tech etc ----- US economic might --- will diminish and US economy will implode.
(4) And 1930 Deep Depression due to US tariff trade war that trigger World War 2 - will be replay in 2019 and 2020.
(5) You already can see the shadow of this :-
- Fear of Global recession and US recession - due to Trump's trade war.
- Growing military tension between US and China.
(6) And it all started by Trump trade war using tariff against the World.
(2) So US economy is highly dependent on the World to buy its products and provide loan to it - in order to consume to boost its economy.
(3) If the Trump mess up this relationship between US and the World - when the World stop buying US planes, autos, weapons, IT tech etc ----- US economic might --- will diminish and US economy will implode.
(4) And 1930 Deep Depression due to US tariff trade war that trigger World War 2 - will be replay in 2019 and 2020.
(5) You already can see the shadow of this :-
- Fear of Global recession and US recession - due to Trump's trade war.
- Growing military tension between US and China.
(6) And it all started by Trump trade war using tariff against the World.
No comments:
Post a Comment