TURKEY - Finland & Sweden NATO Bids Blocked as USA Steps In, Rebuild Costs $100BN & Earthquakes Hit
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The estimated rebuild cost for the two massive earthquakes that struck Turkey on 6th February has been estimated to be $100 Billion and TWO MORE Earthquakes have now struck the country. In additon to the devastation and mass loss of life Turkey is also facing a Huge Cash Crisis as a combination of the crash in the value of the Turkish Lira, rising fuel prices and a negative Balance of Trade has resulted in a $109 Billion Current Account Deficit. Added to this INFLATION in January is still running at over 57% putting more financial pressure on the people of Turkey. In this video I provide more details and insight into these issues as well as discussing the ongoing Veto of Sweden & Finland's applications to join NATO.
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CHINA - USA Tech Sanctions Put China Back 20 Years as Trade War Escalates
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China & USA have been involved in a TRADE WAR since Donald Trump's Administration imposed 25% Tariffs on Imports from China and the Chinese Authorities responded with increased Tariffs on Imports from the USA. In addition to this the USA has also imposed TECHNOLOGY & other Sanctions on China that could put China back 20 years in terms of development. Tensions are now at their highest level after a Chinese Surveillance Balloon entered US Airspace and was Shot down by a F22 Fighter Jet. In this video I provide more details on the current situation and ask the question of whether it is possible for the current tension to result in Military Conflict.
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USA Warns China Over Military Support for Russia & Surveillance Balloons as Tensions Rise
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USA Secretary of State Antony Blinken has accused China of planning to provide MILITARY SUPPORT to Russia for the war in Ukraine. China & USA have been involved in a TRADE WAR since Donald Trump's Administration imposed 25% Tariffs on Imports from China and the Chinese Authorities responded with increased Tariffs on Imports from the USA. In addition to this the USA has also imposed TECHNOLOGY & other Sanctions on China that could put China back 20 years in terms of development. Tensions are now at their highest level after a Chinese Surveillance Balloon entered US Airspace and was Shot down by a F22 Fighter Jet. In this video I provide more details on the current situation and ask the question of whether it is possible for the current tension to result in Military Conflict.
For specific details please check out the CHAPTER list below.
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Chapters:
0:00 Intro
2:15 MILITARY SUPPORT
4:02 CHINESE SANCTIONS
5:45 SURVEILLANCE BALLOONS
8:55 TAIWAN
13:13 NUCLEAR ARMS
15:50 SUMMARY & CONCLUSION
#china
#usa
#russia
#taiwan
#tradewar
#technology
#war
#population
#Belt&Road
#globalrecession
#globalfinancialcrisis
#russia
#Recession
#Zhenro
#Bonds
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