NO.073 At present, China's Belt and Road is saving the world economy from the Great Depression. ... If China is destroyed by a medium-range ballistic missile, the world economy will fall into the Great Depression and collapse. ・・・ Theme label: Belt and Road is saving the world economy from the Great Depression. Category label:Belt and Road,Macroeconomics,


Isn't it okay to interpret the Great Depression as the same phenomenon as the deflationary spiral? The economist may say it is different.

I think the Great Depression is caused by the escalation of economic inequality.
Even with economic growth, the wealth of the world is concentrated in the minority, and the majority of people cannot earn income.
This process has been incorporated into the economy.

The current global economy is like that. Eventually, it will collapse.
China's Belt and Road continues to deter the current global economy from falling into the Great Depression.
China has been actively investing in poor areas such as Africa according to the vision of Belt and Road.
This has kept the world economy from falling into the Great Depression.

If China is defeated by a medium-range ballistic missile, the current global economy will soon fall into the Great Depression and collapse.

And global catastrophe is caused.

Let me explain.
A person purchases goods that are produced and sold by the industry by earning income. And as a worker, people engage in the production and sale of goods.

The industry earns money by purchasing and paying for the products it produces. Then pay wages to the workers.
A person earns income by paying wages and purchases goods again.

By repeating this circulation process, the economy will survive.

Even if an industry earns money, if the process of collecting its wealth into a minority is incorporated into the economy, people will not earn income.
Therefore, the economic cycle just described is cut off and the economy falls into the process of collapse.
This is the Great Depression. The economic collapse process is the deflationary spiral. The fall in prices and the deterioration of the economy are linked together.
The Great Depression is the destruction of the economy. The destroyed economy will collapse.

Those who are unable to earn income will not be able to purchase goods.
If there are more people who have no income and are unable to purchase goods, the performance of many companies will deteriorate.
The company stops production because it is not purchased even if it produces it. Dismiss workers.
A company whose business performance has deteriorated itself goes bankrupt.
A large number of unemployed people appear.
Unemployed people cannot earn money and cannot purchase goods.

Increasingly, corporate performance deteriorates, more workers are fired, and corporate bankruptcies increase.
Furthermore, the number of unemployed people increases.

The current global economy is in a state where the economic inequality is widening even if the economy grows.
Even if the economy grows, it only increases the wealth of the minority, not the income of the majority.
Eventually, the economic cycle will be cut off, and the world economy will fall into a collapse process.
As I mentioned at the beginning, China's Belt and Road is preventing the current global economy from falling into the Great Depression.
China has continued to invest in the Poverty area of ​​the world and continue to earn income for the people in that region.

So when China is defeated by a medium-range ballistic missile, the world economy enters the Great Depression.

And catastrophe is caused worldwide.

everyone. Do you imagine a catastrophic world?
The poverty zone creates regional conflicts and refugees.
The scale of refugees created in this catastrophic world will not be the ratio. Where are these refugees heading?

Did China continue to save the global economy from the Great Depression?

The United States has continued to absorb wealth around the world. Investors have been making huge profits in various financial markets.
Toyota heard a story saying that if the yen appreciates by 1 yen, a loss of tens of billions of yen will occur.
The loss due to the strong yen of the Toyota should be profit for investors in the foreign exchange market.

If the United States continues to absorb the wealth of the world, the wealth will not circulate all over the world while remaining an asset for a few rich people, so it will enter the Great Depression as it is.


Until now, China would have absorbed the wealth of America. President Trump has designated China as a currency manipulation country.
And China has invested America's wealth that it has sucked up in Poverty zones around the world.
China would have maintained the economic cycle of the world economy.

President Trump continues to leave the United States to absorb the wealth of the world, and is trying to prevent China from trying to return the wealth it has sucked back to the world economy.

President Trump and American wealthy may not be aware of this.
They are trying to push the world economy into the Great Depression without understanding what they are doing.

They would have corrected it if they understood it. Americans are essentially ideologues.


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