Why America is leading the world into a global recession

And the good news for the rest of the world is that America will get by far the worst of it.. So buckle up buttercup. The ride has already started.😷
This is not about the politics. I couldnt give a Rats if America wants to be a fascist oligarchy. This is about the economics, and the numbers dont lie. Its a tad complex in parts. But it follows like night follows day and the conclusions for all are pretty much inescapable at this point.
For you Americans with short attention spans, skip to the last couple of minutes..
For the rest of us. Take some comfort that America wont be that kind of problem again..
[media=https://youtu.be/L8KrjBG6MUs]

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DeWayfarer · 61-69, M

Actually it was over during Trump's first term...

While the documentary is interesting, it as well refers to the Russian and Chinese trade routes, at time frame 23:15 and beyond.

[media=https://m.youtube.com/watch?v=NylwnKcwAr4]

This sounds conspiratorial and while Ali Shamkhani is dead, his son is still alive.

Yet these trade routes and the bartering are still going on very strong, even while this war is being waged.

whowasthatmaskedman · 70-79, M

@DeWayfarer Business is Business....😷

DeWayfarer · 61-69, M

@whowasthatmaskedman Yeah yet this effects the European nations.

There's simply no way around bartering. You can't even sanction bartering. Now try taxing it! 🤷🏻‍♂

No government wants to get into a trillion real commodities.

whowasthatmaskedman · 70-79, M

@DeWayfarer True. But on the bright side, this may be a way to offload some $US lots of countries are trying to get rid off. Oil is one of those commodities .. Like crack to a junkie. They have to have it...

DeWayfarer · 61-69, M

@whowasthatmaskedman Trump is attempting to control it. Going after Venezuelan tankers is the example.

Yet he doesn't really want to get involved directly with China or Russia.

The EU can't deal with Russia. Maybe China yet they are too far away. Same goes with India. Commodities need shipping.

whowasthatmaskedman · 70-79, M

@DeWayfarer First.. Never say "cant" when it comes to oil. Some Nigerian Prince may suddenly show up in possession of scads of oil that fell off the back of a truck. Just dont ask where it came from..And Canada isnt that far from China.. They just need the logistics sorted out. The Chinese are very good at that..😷

DeWayfarer · 61-69, M

@whowasthatmaskedman I'm referring to the EU and your talking about clear across a very big pond.

whowasthatmaskedman · 70-79, M

@DeWayfarer And I am saying Russian will end up selling to the EU countries through a proxy, even if it is direct to corporates, not the governments of individual countries. I could tell you some stories about how UAE deals with Israel are done. But there are NDAs involved..😷

DeWayfarer · 61-69, M

@whowasthatmaskedman have a look at the video when it gets to the western banking involvement. I have a fair idea just from that.

whowasthatmaskedman · 70-79, M

@DeWayfarer Thats the underlying story. Nations dont really run the world any more.. Money does..Governments just do the paperwork..😷