One of our most recent video reports!
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Josh Sigurdson talks with author and economic analyst John Sneisen about the growing trade war between China and the United States as both countries place tariffs on each other's products, raising the cost of living inside their own countries in an attempt to maintain power over the markets.
The problem is, the hand of state only manipulates and dirties the hand of individual demand on the market.
As per usual, this all started with a currency war as China attempted to devalue their dollar and raise the overall demand for cheap products in their country. As John mentions, "First you get currency wars, then you get trade wars and then you get hot wars. When goods stop crossing borders, soldiers will."
Trump's response to all of this unfortunately is to technically create a new tax on Americans. Many defend his position, but historically this has not turned out so well.
We also cover the implementation of the Shanghai Exchange and their launch of crude oil futures traded in Yuan. John explains how this relates to creating a technocratic global Chinese world reserve currency. Communist China of course wants to take the place of the United States as the main global empire. A country whose President just declared himself President For Life. A country with Sesame Credit (or social credit) which ranks the behavior and demeanour of the populace, banning them from public transportation if they do not conform. A country that's cracking down on any criticism of the government. A steadily growing powerful country. Part of the new, transformed, technocratic, collectivist world order.
Finally, John breaks down the creation of a new silk road out of China called the Chinese One Belt One Road (OBOR) which hopes to create vast trade corridors like the ancient silk road with new technology. Fast trains reaching the most important parts of Asia, Europe, Russia, the middle east and Africa.
We've seen this kind of fight before, and it never ends well for us.
Stay tuned as we continue to cover this issue.
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I agree and it’s going to be us fools who will pay the price, cheers mike
I like to politics and I like your post .. with this post all will know about politics ..
Maybe the millions of homeless US people could move to these ghost cities?
Refugees need a place to live?
Free places to live...
.
china will be a game changer.
Trump is not a subtle man. Diplomacy is not something that comes easily to him. The world to Trump is defined simply. Better to be the hammer than the nail. There are serious trade issues between the US and China but the incompetence of this administration has turned negotiation into theatre. To this president it’s all about him. He’s a reality show actor who continues to play at being president but lacks the sophistication and intelligence to pass the requirements.
Oh yeah there is going to be massive rioting and carnage on a massive scale , and your one of the only alternative news sites that has been able to say so . Many are affraid to even say it , but lets face facts sheeple you riot when your favorite team wins a championship ❗️😆🤪😂 This is going to make WhatsApp’s going on in Venezuela 🇻🇪 look like a child’s birthday party 🎉Not good . Great video as always that is for giving us THE REAL NEWS .👏👍✌️♥️👊🏻