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Europe Is Plunging and The United States Economy Is Next - This Time China Won't Help
Europe Is Plunging and The United States Economy Is Next - This Time China Won't Help
Oct. 19, 2024
THE CURRENCY WAR - FOLLOW THE MONEY
Sean Foo
The ECB just did another emergency rate cut, front-running the Federal Reserve again.
This isn't a sign of confidence, it shows the EU is desperate to save their economy.
However, this isn't solving the structural and geopolitical issues. Manufacturing costs are far too high and even China's stimulus won't save them.
Here's what you must know.
Timestamps & Chapters:
0:00 EU Big Emergency Rate Cut
3:02 Europe's Economy Structural Collapse
5:53 China Stimulus Won't Save The West
8:47 Beijing's Money Only For Local Industries
11:47 Europe's Only Winning Move
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Original: https://youtu.be/KZmJ1N2fcdU
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Disclaimer:
The information presented on this channel is for news, education, and entertainment purposes only. The information does not constitute an offer or solicitation to buy or sell any investment product(s) or investment strategies, or a substitute for professional investment advice. It does not take into account your specific investment objectives, financial situation or needs. I am not a financial advisor or a licensed investment professional. Please consult with your financial advisor before following any investment strategies discussed herein.
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