tenderloin Post time 2019-3-18 00:12:56

How prolonged global recession will weaken US and it's pacific allies more

In recession times people will mostly buy food and daily living stuffs. Few people will buy industrial goods like cars, electronics, etc.

China majority of its goods are for daily living there fore able to see and recession better.


In prolonged recession, many US industrial hightech and also includes Taiwan, South Korea, many of the companies will be out of business.


That's good. That will be taken US and it's allies more



Boston101 Post time 2019-3-20 04:01:00

Keep dreaming Tenderlips; China businesses will be long gone before any in the US. The only question left, with the trade talks, will there be a mechanism to monitor China to insure they follow through with their promises? Or will it be like everything else they do? Say one thing and do another.

tenith Post time 2019-4-3 17:40:37

The collective US business wealth is tremendously humongous. Even if the US Dollar perishes tomorrow these US businesses will still be around. Many US companies are already spread globally. Thus the collapse of US Dollars will hurt them but won't eliminate them.

But if the entire EU economy is entirely gone tomorrow then US businesses may be at peril.

US and its allies wealth is still there especially the Anglos. As said the British Empire is still the most powerful until today.
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