As Heresy Financial podcaster Joseph Brown explains, in order to understand the current stock market troubles you have to look beyond tariffs.
“…when markets start to crash, you don’t sell what you want, but what you can. And during this recent stock market crash hedge funds have been absolutely dumping stocks but it seems like it’s just not enough which is why they’ve been forced to get out of the basis trade and dumping their treasuries which has been driving yields much higher…”
We have been due for a recession for a while. 2008 was a long time ago and most governments have not given the public true inflation rates for decades.
Governments in all western countries just printed more $ to try to make their economies look much more vibrant than it was. The Banks of Canada and the UK were in on the game. Remember this, as you vote.