Marc Faber brings up china's collapse of car sales in Feb asgoing to be just as likely the trigger for the world recession bordering on depression,
as china's so called covid-19 virus event, which Faber said was most likely engineered
and dispersed (by who it leaves up to the listeners to guess - ie china or US).
The constant FED money printing bail out of the REPO market since Sept 2019, gives
a good idea who it was, ie the US. Because any collapse would be blamed or bring
up renewed old issues and problems with the FED's policies. It had not created a good
and successful new paradigm to the world. But constant debt and trade imbalance to
the rest of the world.
The US and world economy was already slowing and reached an inverse yield curve
condition including the 10 year treasury rate, watch out for that. An always signal are of
a recession just waiting for, time to see it to explode bigger or an event to trigger it, bigger.
China's very poor car sales and the inevitable trade between China and US, as china
replaces the US as the engine and dynamism of the world. The US would push back
with tariffs to fight that as Trump was arguing to do and doing it.
See 2.30 minute point and for a few minutes after.
https://www.youtube.com/watch?v=vL3Wu999yug&ab_channel=WallStreetReporter1843 Since 1971 and the US losing more gold/paper money to the world in trade, and beginning
outsourcing of industry around the world to still partake of the pie of growth and riches,
that benefits the corporations, banks and central banks, but hurts the people of the west.
That's what Trump thought was crazy and tariffs should have been put up in stead and
grown the 3rd world by other means, but not allowing it to rob the 1st world of its industry.
Better late than never to reverse that trend which would obvously get us into a tariff war
with china the new rising economic engine of the world, like the US was 100 years ago
over Britain.
That was added to the recession process beginning too but is a natural conflict when the
old power is losing out to a rising power, and are trying to reverse it as Trump was doing.
The globalist, ie the corporations and banks and central banks that have gone worldwide
and benefit as good or better than ever, fought Trump and what is to be called the new
world system of the silk road, (Really an old road during the classical greek/roman republics
too, that contested with them too, for supremacy, way back then and won).
The silk road is run by the semites then and now, and alawys the nemesis of the republic.
And why it's right to be anti semitic before xtianity and during xtianity which is a semite
hoax to entrap and trojan horse virus (infiltrate and take over) the west. And to destroy the
republic way back and again now.
I'm suggesting truce, amnesty, reform and not persecution and war.
That, enough is enough of the old and present conflict between the two systems of silk
road and republic. And transform the whole world into the superior system of republic
and socrates (psychic medium religion) over the silk road and jesus. The silk road also
known as communist pope and cardinals (now supreme soviet leader and politburo)
system over europe and now the world.