Post
Topic
Board Economics
Re: Putin warns of financial crisis the world ‘has not yet seen’
by
MiltonFree
on 08/08/2019, 19:50:21 UTC
I am also questioning the economic crisis in the coming years. when China is in serious recession. Their currencies are declining very strongly in recent days, food has also been significantly reduced due to currency devaluation.
Will the war between the US and China lead to other countries suffering from recession?

I think all major economies will be affected. US cut rates, New Zealand did too, Europe is preparing for a cut. Government yields in Europe become negative. The economy is about to recess. I wonder how crypto will act, now I see Bitcoin is rising amid the unknown outcome.