Shocking video of the imminent economic collapse and the next Great Depression. Throughout 2017 and most of 2018, U.S. corporate executives were generally very optimistic about the future of the economy, but now that optimism has been replaced by a deep sense of doom and gloom. And of course there are very good reasons for all of the doom and gloom. The trade war with China looks like it is going to last for an extended period of time, recent global manufacturing numbers have been absolutely dismal, and it is being projected that corporate earnings will be down significantly in the second quarter. Many experts sounding the alarm about the next major stock market crash. The economic environment is tough and it is rapidly getting tougher, and a brand new survey that was just released has found that 69 percent of U.S. CFOs believe that a new economic crisis will start “by the end of 2020″…
Other surveys have come up with similar results. For example, a recent National Association for Business Economics survey concluded that there is “a 60% chance” that a next economic collapse will start by the time next year ends… There is about a 60% chance of a recession starting in the United States by the end of next year, according to a National Association for Business Economics survey published earlier this month. Most economists in that report cited protectionist trade policy as the leading risk to the US economy.
Even before trade negotiations with China completely broke down U.S. economic numbers were looking quite bleak, but now it has become clear that the trade war is going to accelerate our economic crisis and make a way for the next major stock market crash.
So many U.S. companies are now operating under the assumption that this trade war will be here for the long haul. And the Chinese appear to be preparing as if this struggle could potentially last for quite a few years. Without a doubt, we needed to get tough with China, because they have been lying, cheating, manipulating their currency and stealing our intellectual property for many years. So doing nothing was not an option.
But let there be no doubt that this trade war will cause the next economic collapse and the longer it lasts the more painful it is going to become. Are Americans ready to make the sacrifices necessary in order to win a protracted trade dispute?
That is a a very good question, and only the passage of time will reveal the true answer.
You can read more on our website:
America is headed for a day of reckoning, and author Michael Snyder is sounding the alarm. His novel about the future of America entitled "The Beginning Of The End" and his best-selling book about the end times entitled "The Rapture Verdict" are both available on Amazon.com.
Michael Snyder's author page:
The Beginning Of The End:
The Rapture Verdict:
Get Prepared Now:
Living A Life That Really Matters:
Music:
CO.AG Music
Ryan Wood:
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