Seven times since the 1960s we have seen the yield curve inverted, and in each of those seven instances, an economic recession in the United States has followed. Will this time be any different?
Major storm clouds are gathering, and it isn’t going to take much to push the U.S. economy into another major crisis.
The ripple effects of any trade war will be felt by those regular citizens in the nations participating in such economic warfare, while the ruling classes of “elite” humans will be shielded from the effects of their policies.
Anyone that is optimistic about the global economy in light of these most recent developments is simply not being rational, because we have never seen storm clouds this big on the horizon in all of modern American history.
Once a trade war begins, it can potentially last for many years, and let us not forget that history has shown us that trade wars can often lead to shooting wars.
We know that some among the elite are already discussing the possibility of “a crashing economy” as a way to “get rid of Trump”. In the short-term, however, the best way to neuter Trump politically would be to have Democrats do extremely well in the 2018 mid-term elections.
It’s only by reducing your need for the things sold in stores that you can exempt yourself from the chaos and desperation that will erupt when everyone realizes that an economic collapse has occurred.
Financial analysts and large institutions have generally avoided gold and silver for nearly a decade. But the tide appears to be changing.
Any news about a potential trade war will continue to rattle the financial markets. At this point more than half of the companies on the S&P 500 are already in “correction territory”, and dozens of companies are already down at least 20 percent from their one year highs…
In terms of commerce Litecoin will pretty much be the dominant factor.