Three Major Indications that the World Economy Is on the Verge of Collapse

Translated by: MOS Media Team – Cloudsky

On Nov. 26, the global investment market fell into panic due to the new virus in South Africa. In the live broadcast on Nov. 28, Dr. Mike asked Mr. Miles Guo how to judge the time node of the world economic collapse.

Mr. Guo said that this year’s Thanksgiving, people have felt the impact of inflation and supply chain disruption. When the economy is on the verge of collapse, there are usually three main indications: First, supermarket supply. The west is an extremely developed society. If the supermarket goes wrong, there will be big social and economic problems. Second, the price and supply of oil. Oil is the lubricant for the normal operation of society. If there is a problem with oil and electricity, then society will collapse. Third, the stock market. Economic instability will lead to sharp fluctuations in the stock market, or even plummeting and soaring. 

Mr. Guo also pointed out that under normal circumstances, the western countries experienced an economic bubble every 8 to 10 years. But this time it is a cycle of economic adjustment,  and a vaccine catastrophe, plus a big competition between the two camps of populism and communism. There may be a long period of chaos. When disaster comes, comprehensive viability will be the key to safely survive this great depression.

Source: https://gtv.org/video/id=61a3828b44c1fe7a6c3aaf29

Proofread by: AlexZ                                                         

Edited by: AlexZ                                                            

Posted by: AlexZ

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