Post
Topic
Board Economics
Re: Financial Crisis Will Come
by
South Park
on 15/08/2018, 16:47:25 UTC
China may have an economic crisis. The trade war between China and the United States has seriously affected China's economic development!
In China, Internet finance has collapsed, many middle-class assets have been misappropriated, and China’s high housing prices have a big bubble! The Chinese government has issued legal tenders to cause inflation!
If it is serious problem, then both countries need soft conversation and solve the problems. Because both countries are very powerful by financially and both countries have very powerful respect in all over the world.
Not possible personally I really hope that the trade war keeps at that level, at the past century there were three episodes of trade wars and two of them led to the two world wars that we know and one ended in an armistice of the trade war and it did not escalate to a world war, and the only reason that happened was because now we had nuclear weapons.