The boss of BHP Billiton, one of the world’s biggest mining companies, has warned that the US-China trade war is hitting demand. After reporting BHP’s best profits in five years, Andrew Mackenzie warned that the dispute will “put a dampener” on world growth.
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Why don't you know that the recession has already begun in the US? Look at the housing crash in California for a start.
Artificial state stimulus ('socialism for the rich') can't paper over the fundamental flaws in the global economy.
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Markets rally as Trump plays down recession fears - business liveRolling coverage of the latest economic and financial news, as Donald Trump insists that America’s economy is doing ‘tremendously well’ A fucking failed casino owner, a business set up to make money Funny how the guardian isn’t reporting on how well the American economy is doing. In fact it’s better than it ever was and absolutely booming. Employment levels are probably the highest they’ve ever been and manufacturing is crashing through the ceiling. Strange that isn’t it Are the Markets that stupid? They believe Trump?
Source: The Guardian - 🏆 84. / 53 Read more »