The beginning of trade war
Trump declared a trade war.
Yesterday, the U.S. imposed import duties against China and India. China and India immediately introduced counter-duties. Russia has also imposed duties against the US. The European Union is shocked, but ready to retaliate. Just the beginning. Not the fact that after these countries will start and the other to impose duties.
Than this threatens to? And the fact that there will be a drop in the value of national currencies, including the dollar. So investors will have to look for other ways to preserve their capital. And cryptocurrency is a good way to preserve and increase your capital. So we are waiting for the growth of the crypto currency in General.
Is commercial war just the previous stage of outright war? I think Trump is just a US shift from globalist thinking to nationalist thinking, and that has some positives, but it also means war between superpowers is more likely than before. And that is a scary thought. In any case, expect global economy to suffer, that's for sure.
The main thing that the world war was not.
The economy
Will suffer. The main thing that
The world war was not.
- tomson777
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Why shouldn't trade be fair? Why should any country take advantage of other countries by manipulating their currencies? When gold was the monetary standard of the world hanki-panki was not enabled since you cannot print gold. Cryptocurrency are at the mercy of the electrical grid and the Internet. Gold is not at the mercy of any institution or government. Wake Up America Before It Is Too Late! We need to go back on the gold standard in order to instill confidence in our trading partners and our citizens.