Crypto currency Investors are having a hard time with the rest of the world. BTC Around 84 thousand dollars. NVIDIA Big US technology companies such as having difficulty in selling to the world are threatened by new penalties by the European Union. Trump’s meaning from the upper screen, and then the back step shows that the world runs to recession in the midst of this uncertainty. This is not a good scenario for crypto currencies.
The world is going to recession
Even the word recession used in terms of economic recession is difficult to describe the place we run. If Trump maintains his hard stance with his stubborn attitude, it can even lead to global depression. We may be moving from the Great Depression to something bigger than the US has not seen.
World Trade Organization President Nozi Okonjo-Iweala says he may have to choose one of the two countries in the midst of the increasing Chinese-US tension. Trump is looking for ways to increase the number of trade partners around the world, when you say the whole world with tariffs and get off my feet and get off my feet.
US President Donald Trump’s customs tariffs and China’s retaliation taxes were based on 245 %. In his statement yesterday, Trump underlined the worries of the DTO president with the discourse of “either be with us or China”.
This tension that can reduce the global real GDP by 7 percent DTÖ Today, it was announced as “the risk of global recession .. Although the rates exceeded 200 %, it became meaningless after a certain point and brought trade with China to a halt.
Pointing out the situation of underdeveloped countries, the president of the DTO said that they were extremely defense in the process. The World Trade Organization, which has 166 members, was founded after the Second World War, but the Trump administration is getting away from this structure. The month he took office implied that he could not care when he did not care that he did not care about the DTO when he signed the decrees that initiated the process of leaving the World Health Organization and the Paris Climate Agreement.
Recession and crypto coins
Less growth, less consumption, increasing inflation, jumping unemployment rate, closed factories, decreasing labor needs and collapsed stock exchanges. These are the things that recession will bring, and when we talk about the possibility that may shake the global economic power of the United States, we can see that the economies of smaller countries are confused.
Essentially what people think of people in the global recession crypto- It will be to feed and shelter your belly rather than its coins. At one point, a challenging process that can evolve into global hot war. Therefore, it is very difficult to mention that crypto currencies will not take lethal blows in such a bad environment.
So what will happen? Trump He has to step back and to soften the process with the agreements he will put (or act as if it were) with the agreements he will put in his way by saying ım I brought them to the knee ”. After saying that we will never take a step back in March, explaining the tariffs above the expectations, “There are countries that come to the line to come and kiss my side” in the style of the Ukrainian president, especially the President of the United States of the United Strategic partner feeds the opinion of the last USA. This provides great benefit to China. In summary, the US has to compromise and we should see it within 1 maximum of 2 months. Like this Crypto Coins As we rise, we can also get away from our greater potential problems.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.