December 2018 – Epic Economist

The Economic Collapse Of China! Signs Of China’s Failing Economy

The Chinese economy has in recent years undergone a series of boom and recesses making it increasingly difficult for investors to realize substantial profits margins due to complexity in differentiating the boom and recesses. The past 30 years have seen China’s economy massively grow by triple figures to be among the world’s leading economies despite being merged with fraud, enormous wastage of resources in addition to theft of public resources by powerful individuals in the government.

The tremendous Chinese economic growth has come with numerous employment opportunities with hundreds of millions of the Chinese population being employed in manufacturing industries found across all major cities across the country. The overall effect of increased employment in China is that the poverty levels have increasingly dropped in addition to massive infrastructural developments were state-of-the-art transportation hubs, high-speed trains, sophisticated telecommunications systems have been launched. The rapid advancement of infrastructure has also significantly contributed to economic growth.

The Economic Collapse Of China! $30 Trillion Dollar Dark Cloud Of Debt – 2018 China’s Yuan CRASH!

The new tariffs proposal by U.S president Donald Trump has intensified the trade wars between the two nation, but the chances of China cutting its trade surplus with the US in response to the new tariffs is absolutely nil. The 25% increase in trade tariffs proposed by Washington puts China in a debt crisis and cutting trade surplus would not be a suitable option to help the situation.

The imposition of new tariffs on low-value exports involving Asian value chains is seen as a strategy employed by the U.S to cut down on the trade of cheap imports rather than leveling offshoring. The 25% increase in trade tariffs is also a means of reducing the country’s account deficit which is currently lower than 6%. The effects of the increase in trade tariffs are already caused an economic crisis in China evidenced by the current exchange rate which is at 6.725 to the U.S dollar, the lowest rate this year.

30 Things You Should Do To Prepare For The Imminent Economic Collapse & Stock Market CRASH!

It is certain that all Americans are currently worried about an impending economic collapse. Do you have what it takes to survive an economic collapse? If no, perhaps you have to develop measures that will help you survive an economic recess without much struggle. According to economic experts, there is a high possibility of an economic collapse in America than ever before thus calling for preparations to handle the situation effectively. But what exactly are you preparing for? In essence, you are bracing for an economic crash, and you would be among the 3 million preppers across the US.

The U.S economy is currently experiencing a debt bubble which can pop up anytime bringing the economy to its knees. Several sectors of the economy seem to be going wrong, a clear indication of an impending economic collapse. The banking sector, for instance, has since become risky attributed to snowballing debts which could lead to a sudden closure. The economic meltdown may be fatal in the US since the country has been living way above its limits for decades.