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Thursday, October 21, 2021

Current Events-Global economy

https://br.yahoo.com/finance/news/incerteza-sobre-crescimento-atinge-moedas-121542748.html

Is it crashing? It certainly seems to be. 

Is it due to COVID? It certainly is a factor.

Will an event expedite it further? Only time will tell.

https://br.yahoo.com/finance/news/infla%C3%A7%C3%A3o-global-gera-receio-com-135248970.html

O Livro Bege do Fed, previsto para amanhã (quarta-feira, 20/10), pode cimentar as expectativas de tapering, ou desmontagem do programa de compras mensais de títulos do banco central americano no valor de US$120 bilhões.

Doing away with QE would certainly derail the US economy even further.

And if China(supply) and the US(demand) both go down...then uh yes, the GREAT RESET will definitely be on then.


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