U.S. Accused Of “A Declaration Of War” Against China As Stock Market Teeters On The Precipice Of Disaster

U.S. Accused Of “A Declaration Of War” Against China As Stock Market Teeters On The Precipice Of Disaster By Michael Snyder Things are sure getting wild on Wall Street.  On Thursday, the Dow Jones Industrial Average plummeted almost 800 points before roaring back and recovering nearly all of those losses.  The Dow closed just 79 points lower for the day, and if you only looked at the final number you would be tempted to believe that there is not much reason for concern.  But these wild swings up and down…

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How the Trade War Helps Hide Central Bank Sabotage Of The Economy

How the Trade War Helps Hide Central Bank Sabotage Of The Economy By Brandon Smith Almost every aspect of the global economic downturn, which started ostensibly in 2007-2008 and is still ongoing to this day, can be traced back to the actions and policies of central banks. The Federal Reserve, for example, used artificially low interest rates and easy money to create a supposedly no-risk loan environment. This translated into a vast amount of toxic mortgage debt along with a web of derivatives (Mortgage Backed Securities) attached to that debt.…

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Wild And Unprecedented Price Fluctuations Are Causing Financial Chaos For U.S. Businesses

Wild And Unprecedented Price Fluctuations Are Causing Financial Chaos For U.S. Businesses By Michael Snyder In every war there is a high price to pay, and this trade war will not be any different.  The normal flow of goods and services around the globe is being severely disrupted, and even though this trade war has barely just begun, it is already having an enormous impact on the U.S. economy.  Even if we ultimately win this trade war and the Trump administration is able to achieve all of the goals that…

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