You are viewing a single comment's thread from:
RE: Irredeemable Fiat Money Is to Blame for Trade War.
That can slow down business activity around the globe by crimping international trade. In a worst case scenario, trade wars can lead to a global depression @maneco64
The trade we have now is not one of free markets -- it is a rigged system fostered by trade agreements that favor multinational corporations. The multinational corporations acting in collusion with banks set up these bad agreements -- they do not help average person. The world is already in a depression and it is only cheap credit that is keeping this illusion running.
I personally think it's all the debt and imbalances that could lead to a great depression and economic slowdown. Trade Wars are a symptom of the fraudulent fiat money system that actually cause all the troubles in the first place.