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(Updated: )
Danny Lum
"The challenge is that Trump's trade policy has proven so erratic that you cannot relieve the sense of uncertainty," as firms adjust to what may be a years-long rearrangement of global supply chains and cost structures, said Tim Duy, an economics professor at the University of Oregon.
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(1) The idiotic moronic Trump got to realise that his tariff trade war - is the main factor that will trigger not only US recession - but also the World recession.
(2) Even if the interest rate is low - business will not borrow to invest - as his tariff trade war will cut consumer demand due to high price.
(3) With low consumer demand, halted trade due to Trump stupid tariff - recession will set in.
(4) In 1930s - US start a tariff trade war and trigger Deep Depression - which subsequently lead to World War 2 - and yet the stupid Trump fail to learn from the historical lesson - despite many warnings.
(5) Come 2020 Presidential Election - it is time for Americans to vote Trump out - to restore sanity to US politics.
"US-China trade tensions have metastasised into something more sinister by affecting global growth to such a large degree that bond markets are pricing-in a high probability of a worldwide recession", warned Stephen Innes, managing partner at VM Markets.
The trade war has hammered global demand.
(1) The idiotic moronic Trump got to realise that his tariff trade war - is the main factor that will trigger not only US recession - but also the World recession.
(2) Even if the interest rate is low - business will not borrow to invest - as his tariff trade war will cut consumer demand due to high price.
(3) With low consumer demand, halted trade due to Trump stupid tariff - recession will set in.
(4) In 1930s - US start a tariff trade war and trigger Deep Depression - which subsequently lead to World War 2 - and yet the stupid Trump fail to learn from the historical lesson - despite many warnings.
(5) Come 2020 Presidential Election - it is time for Americans to vote Trump out - to restore sanity to US politics.
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Danny Lum
(1) Trump single-mindedly blame on FED for not reducing interest rate - is seriously flaw.
(2) Business will not borrow from bank to invest - no matter how low the interest is - if there are no consumer demand - due to high trade tariff impose by Trump.
(3) Trump tariff trade war - is the main cause of world recession ---- and Trump is the main culprit for causing the Global Economic Woe - not FED.
(2) Business will not borrow from bank to invest - no matter how low the interest is - if there are no consumer demand - due to high trade tariff impose by Trump.
(3) Trump tariff trade war - is the main cause of world recession ---- and Trump is the main culprit for causing the Global Economic Woe - not FED.
Like · Reply · 1m · Edited
Danny Lum
The trade war has so far offset all benefits of fiscal stimulus and could lead to a global recession if it continues. That recession would be called the “Trump recession” because it would have been mainly caused by the trade policies of President Donald Trump’s administration, CNBC noted.
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