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.
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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Source: The Guardian - 🏆 84. / 53 Read more »