There is too much ‘crap’ involved in our economy. We
literary have global deflation all thanks to the trading policies with certain
countries that have lost control of their own economic failures—China. The
Federal Reserve on the other hand has been standing by, doing nothing to help
such measures; they have been indecisive and very unresponsive. There’s a large
amount of companies that are really powerful that have found themselves to be
abandoning such an economy struggle while others are struggling to hold on,
like Alcoa Inc., who will split into two companies to keep up with the booming
production. In other places, like China, companies have had such a large change
I production that prices have reduced nearly fifty percent because of the
over-production. There’s much more steel, less work input, and an obvious drop
in the price for steel. While there’s too much unneeded space lots that are not
in use, due to such a large amount of supplies but not such demand. Then bam
China brings about deflation…
Shares
that CEOs and CFOs operate are losing value, from $106 to barely $95. RECESSION, what the. . . Then there’s the
central bank intrusion where there’s false information about the total asset
prices, and there is an over evaluation in housings. Wait for it, here’s the worst part, all
central banks agreed to allow inflation to happen, so more money was printed,
but turns out glitches are occurring now.
Brazil
have been suffering the economic status as well as other known countries like
Mexico, Canada, etc. which all have ties with China. The Brazilians have cut
their consumerism in such a drastic way, that is affects us because we were
their largest trade. Inflation rose, but the unemployment rose as well, hmm…
well that’s not supposed to happen. Not only did this happen, but the
dollarized GDP rose by 20% and well people noticed it was fishy, thus made them
move to Florida in huge waves, thank you global deflation. I guess we can say
our economy today is full of holes, holes that are everywhere.
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