A trade war today would be much more damaging for the U.S. than the trade war of the 1930s, as exports today account for a greater proportion of U.S. gross domestic product than they did on the eve of Smoot-Hawley. At the global trading level history teaches us another thing: The more countries trade with each other, the less likely they are to end up at war, economic collapse and major stock market crash . So assuming global trade war breaks out, what is the worst case scenario?
‘Economic Collapse ‘
A complete breakdown of a national, regional or territorial economy. An economic collapse is essentially a severe version of an economic depression, where an economy is in complete distress for months, years or possibly even decades.A total economic collapse is characterized by economic depression, civil unrest and highly increased poverty levels. Hyperinflation, stagflation and financial-market crashes can all be causes.
Government intervention is usually necessary to bring an economy back from collapse, but can often be slow to remedy the problem.CEO from financial institutions will begin to resign. We had Cohn, Lloyd Blankfein and other will begin to resign. China is not looking to have a trade war with the US. There are many reports implicating that the Fed communicates with other banks and leaks the news a head of time. This is to prove that the central bank and the banking system is working together.
A complete breakdown of a national, regional or territorial economy. An economic collapse is essentially a severe version of an economic depression, where an economy is in complete distress for months, years or possibly even decades. A total economic collapse is characterized by economic depression, civil unrest and highly increased poverty levels. Hyperinflation, stagflation and financial-market crashes can all be causes.
Government intervention is usually necessary to bring an economy back from collapse, but can often be slow to remedy the problem. The Great Depression in the United States is a prime example of an economic collapse.
WAR IS WANTED FOR ECONOMIC REASONS
With so many risks looming, you would think both sides would try to scale back their aggression. But this assumes that war is not wanted. As we know, and I wrote about in my book, Shemitah Trends, war is a necessary part of elite control. In this case, the war expanding in Syria that is gradually setting Russia against the US will act as the trigger for an economic collapse.
The collapse in turn will usher in further chaos and expanded globalization. One can see the preparations taking place. On the surface there are explanations for everything. But underneath a plan is operative.
Since 2008, central banks around the world have boosted liquidity while shoving down rates to ludicrous, even negative levels. This cannot stand for long and is not meant to. It is intended to create a titanic bubble that will inevitably pop.
Central bank monetary inflation will not be blamed for the catastrophic crash and subsequent worldwide depression. Instead, some sort of military confrontation will be blamed. In turn, this will give those who operate central banks plausible deniability. “It was not central banking that caused the crash, but an unstoppable world war.”
Here’s how ZeroHedge put it in an article entitled, “The March to World War III.”
Over the last three years; the U.S. government and the pathetic parrots of the mainstream media have accused Russia of any and every transgression possible, save for (perhaps) kicking puppies or molesting children. One must strongly suspect that all these lies and innuendo had (and have) a purpose. And the most likely purpose – by far – is the orchestration of World War III.
What’s going on is worldwide and is so vast and evil in scope that it is hard to fully understand it.
Stick with us (and join our growing worldwide community of dollar vigilantes) so you can get a sense of what’s occurring and when. What’s going to take place is literally without comparison in the whole of human history and you need to protect yourself and your family as much as possible.
It’s my pledge to help position our readers in the best way possible to survive and prosper through what’s coming. World war and a global economic depression will create a terrible combination of events, but if we prepare in advance, we’ll be a step ahead in confronting what’s to come.
Old Time Wisdom ( Timeless Bits of Wisdom on How to Grow Everything Organically, from the Good Old Days When Everyone Did you can prepare yourself for war by moving to the countryside and building a farm, but you must take guns with you, as the hordes of starving will be roaming. Also, even though the elite will have their safe havens and specialist shelters, they must be just as careful during the war as the ordinary civilians, because their shelters can still be compromised.”)
The Lost Ways (Learn the long forgotten secrets that helped our forefathers survive famines,wars,economic crisis and anything else life threw at them)
Survival MD (Best Post Collapse First Aid Survival Guide Ever)
Conquering the coming collapse (Financial advice and preparedness )
Liberty Generator (Build and make your own energy source)
Backyard Liberty (Easy and cheap DIY Aquaponic system to grow your organic and living food bank)
Bullet Proof Home (A Prepper’s Guide in Safeguarding a Home )
Family Self Defense (Best Self Defense Strategies For You And Your Family)
Survive Any Crisis (Best Items To Hoard For A Long Term Crisis)
Survive The End Days (Biggest Cover Up Of Our President)