China and Russia are teaming up for an unprecedented assault on the United States. An assault on our monetary system, and it could have devastating consequences in April. Economic Strategist Charles Thorngren joins Gary Franchi to breakdown how Trump may respond and what you can do to get ready.
Chinese Communist Party mouthpiece the Global Times has published an editorial asserting that Beijing is “not frightened to Beijing should now “prepare for the worst” and that Beijing “is not frightened to fight Earlier this year, billionaire investor George Soros also cautioned that the ruling Communist Party may see fit to rally its population around an external threat in order to head off a societal collapse in the aftermath of an economic implosion.
Marking the first time a Chinese head of state has attended the World Economic Forum — an annual meeting of financial and political juggernauts from around the globe — China’s President Xi Jinping gave a landmark speech in Davos, Switzerland on Tuesday, in which he vehemently defended free trade and globalization.
Chinese President Xi Jingping is expected to aggressively challenge President-elect Donald Trump and the growing number of populist movements across Europe at the upcoming World Economic Forum (WEF) in Davos. “U.S. President-elect Donald Trump, days away from his inauguration, was not in attendance in Davos, and Xi never uttered his name.
But many of the Chinese president’s statements were clearly responding to rhetoric from Trump and his supporters, who have sharply rejected globalization and many existing trade deals.”
If we look back five years from now, ten years from now, you could say this was a turning point, at which China did move up in the direction of asserting the kind of global leadership role that the U.S. has had for about a century and might willfully be abdicating.”Despite the inclusion of populism on the agenda, many European leaders have paradoxically decided to not attend this year’s forum.