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The US-China trade war has gone beyond just imports collapsing; de-dollarization is worsening. More global trade payments are being done in the RMB, outside of the dollar. Meanwhile, US GDP has officially contracted. We are now halfway towards a recession, and Washington is in panic mode.
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✅ Timestamps & Chapters:
0:00 China's RMB Cuts Away USD
2:57 Tariff War De-Dollarizing Global Trade
6:12 US Markets Getting Hammered
7:35 Sponsor: Osome
9:08 US Spending Collapse Coming
10:09 Washington Denies Economic Collapse
13:16 GDP Crash Gets Rejected
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The information presented on this channel is for news, education, and entertainment purposes only. The information does not constitute an offer or solicitation to buy or sell any investment product(s) or investment strategies, or a substitute for professional investment advice. It does not take into account your specific investment objectives, financial situation or needs. I am not a financial advisor or a licensed investment professional. Please consult with your financial advisor before following any investment strategies discussed herein.