|Investors must be wary of the economic news agenda of pro-US international news media or end up with making business decisions that will be grossly costly and regretful.|
To the West, especially the war-waging US, China has been economically ‘dead’ since 1990!
KUALA LUMPUR (June 2018): To those who continue to believe in the pro-US international media, it will do well to rethink on taking all those economic and financial news forecast reports on China as accurate and gospel truth.
They are at it again, claiming that China’s economy is wobbling! (Read this for context: https://ilovemalaysiachinasilkroad.blogspot.com/2018/06/is-chinas-economy-really-wobbling.html - Is China’s economy really wobbling?)
If China’s economy is really heading for doom, what about this chart on the purchasing power of the Greenback:
https://ilovemalaysiachinasilkroad.blogspot.com/2018/01/is-us-debt-us20-trillion-or-us222.html (Is the US debt US$20 trillion or US$222 trillion?)
https://ilovemalaysiachinasilkroad.blogspot.com/2018/01/more-than-us10-trillion-corporate-debt.html (More than US$10 trillion corporate debt to mature through 2022! Is this why the US is stressed and desperate?)
https://ilovemalaysiachinasilkroad.blogspot.com/2018/03/blame-washington-for-failing-to-retrain.html (Blame Washington for failing to retrain, reemploy … and failing to create alternative jobs!)
And it has only itself to blame for failing to evolve economically and to thinks out of the box.
The US continues to live in the 20th Century - still relying heavily on arms sales and waging war - with impunity and arrogance.
Not that the US don’t have the brains to think out of the box economically, it just refuses to so and also due to ego.
The Americans have even abandoned the virtues of free trade and level playing fields: To quote US President Donald Trump: Make America Great Again - at all costs!
Saddled with multiple trillions of dollars in debt, the US is only desperate to save themselves from economic doom and is today a nation that has become exclusive, without a care for the rest of the world.
|For visual’s text, go to https://visual.ly/community/infographic/economy/purchasing-power-us-dollar-1913-2013|
The Buying Power of the U.S. Dollar Over the Last Century
The Money Project is an ongoing collaboration between Visual Capitalist and Texas Precious Metals that seeks to use intuitive visualizations to explore the origins, nature, and use of money. The value of money is not static. In the short term, it may ebb and flow against other currencies on the market. In the long-term, a currency tends to lose buying power over time through inflation, and as more currency units are created. Inflation is a result of too much money chasing too few goods – and it is often influenced by government policies, central banks, and other factors. In this short timeline of monetary history in the 20th century, we look at major events, the change in money supply, and the buying power of the U.S. dollar in each decade … for more, go to http://www.visualcapitalist.com/buying-power-us-dollar-century/