Global Economic SHIFT in 2018 as China Will Surpass U.S. as Consumer of the World!
Every single recession, the world turns to the American consumer to kick it into high gear to get the economy moving again. All stimulus seems to be directed towards boosting the buying power of Americans. More mortgages, more credit cards, more debt. But in 2018, something quite fundamental will change.
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Sources Used in This Video:
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The Chinese are now buying as much stuff as Americans, a game-changer for the world economy - The Washington Post
https://www.washingtonpost.com/news/wonk/wp/2018/01/11/the-chinese-are-now-buying-as-much-stuff-as-americans-a-game-changer-for-the-world-economy/?utm_term=.6d506d7738da
Feds Collect Record Income Taxes Through December; Still Run $225 Billion Deficit
https://www.cnsnews.com/news/article/terence-p-jeffrey/feds-collect-record-income-taxes-through-december-still-run-225
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Facebook Changes Could Mean Less Time Spent on Site; Shares Fall - Bloomberg
https://www.bloomberg.com/news/articles/2018-01-12/facebook-ceo-unveils-news-feed-changes-says-engagement-may-fall
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wells mortgage pipeline q4 2017.jpg (817×515)
wells originations q4 2017.jpg (817×515)
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Walmart plans to cut more than 1,000 corporate jobs | Fox Business
http://www.foxbusiness.com/markets/2018/01/12/walmart-plans-to-cut-more-than-1000-corporate-jobs.html
Walmart to shutter 63 Sam's Club locations
https://www.cnbc.com/2018/01/11/walmart-to-shutter-some-of-its-sams-club-locations.html
Food riots grip western Venezuela, mob reportedly slaughters...
https://news.trust.org/item/20180112035017-q9adf
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Do you believe that China is trying (Over a long period of time) to wean off of the U.S. and its currency?
I guess every country wants to establish their rules of the game and same is being planned and done by China as can be seen in the form of Silk Road project.
Facebook have tried too much to monetize their platform and they forgot about their users' experience. You see so much ads and irrelevant contents in your news feed, you can't watch a video without getting interrupted by an ad, this is very frustrating for a lot of their users. At least they got the message...
I guess Chinese population is a huge factor in Chinese take over from America.
Definitely. Imagine if 1% of the population bought businesses in the US, or Canada. They could easily own everything.
There are already plenty of Asian teachers my classes here. Watching out.
Definitely plays a role. Especially in countries who are facing sanctions.
I only keep Facebook and Twitter to inform the public of the establishment’s deceit and treason and to promote STEEMIT .