Period: 01 – 08 August 2020
Top news story: The key economic event of the week was categorical claims to China’s «TikTok» short video service, which became the most popular among American youth. If Trump’s accusations are later forgotten, then the demand to immediately sell this service to an American company effectively nullifies the settlement of the US-China relationship. Many experts, including some in the big business community, had hoped for this settlement, even if Trump lost the election. The collapse of the global dollar system is becoming almost inevitable and the resulting deterioration in market sentiment will affect financial markets this fall.
19:58 April 03, 2020 194Foto: Yandex
00:08 March 06, 2020 1825There are several ways to evaluate the current processes in the world. One can either believe in the lethality of the coronavirus or not... one can think, that the markets will partly recover soon or not... one can wait for the outcome, or work frenetically... but one thing has to be understood unequivocally and without doubts: the model of the global economy, which has functioned over the last decades, is dead. And no commonly accepted alternative model has been found yet.