My Prediction in 9th September, 2019 by One World Publication now Proving to True:
(Since One World is banned in Fakebuk now, I have to repost it here.)
So, global market disequilibrium, global geopolitical enmity, and Chinese growth moderation are making global growth slow and even can bring recession. This will result in less global trade and less global capital flows. Most Third World countries that depend on global capital flows to finance their current account deficit will be in a difficult situation. Many countries can see political upheavals as well.
The US dollar value is rising with respect to all other currencies, thus making US goods and assets dear. This will raise the US current account deficit and the US asset market will be flooded with funds. Former Federal Reserve Chairman Alan Greenspan already hinted that the USA may join the EU and Japan in having negative yield rates on bonds. If negative rates become more widespread across the globe, then the financial system needs to be rebuilt on a new set of assumptions. The problem of over-accumulation and bad investment will be overwhelming. The global economy will have few chances to avoid an economic crisis.
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http://oneworld.press/?module=articles&action=view&id=1050
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Author: Saikat Bhattacharya
International geopolitics
General
USA vs China
11-July-2022
by east is rising