World Trade Is Grinding To A Halt - Mike Maloney
You might want to pull up a chair for this one. When the world just about stops trading goods?!, it can only be an indication that the Global economic engine is getting ready to blow a gasket?
China, the maker of just about everything one buys from a store these days, is experiencing trouble also.
Global trading is slowing down dramatically, like a slowing tide coming to a halt.
Mike says we have to go through a period of deflation first, before shifting into a big inflation or hyper inflation scenario.
Mike really tells it like it is too.
He tells us how Big Government has morphed into one giant, disgusting spending monster. Guess who’s money the monster is spending!
The charts Mike shows us, spells it out, Global trades jagged drop near no mans land?!
It’s also looking like There Better Be a Miracle for Retailers real soon, or else.
This story I posted by Wolf Richter also speaks volumes, yet another indication of trouble stewing, as it’s all related.
Youtube:Mike Maloney
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