Job Recruitment Website - Immigration policy - The nature of the economic game between China and the United States! What is the truth behind the U.S. recession? How can the United States save itself?
The nature of the economic game between China and the United States! What is the truth behind the U.S. recession? How can the United States save itself?
As the dominant player in the economic order, the United States has the ability to transfer its economic risks to other regions of the world, and other regions of the world may not. The essence of the Sino-US economic war is that China’s goal is not to destroy the US economy. It has pushed the inflation rate in the United States to 9.1%, but don’t laugh at the inflation crisis in the United States. As the dominant player in China's economic order, the United States has the ability to transfer its economic risks to other regions of the world. If the U.S. economy does not perform well, the rest of the world may not either.
China's inflation rate is well controlled, and even taking inflation into account, the inflation rate in the United States is still relatively high. Before the pandemic, the small country's economic backbone was tourism revenue and remittances from migrant workers. However, after the outbreak, the tourism industry shrank and the living environment of migrant workers deteriorated, directly damaging Sri Lanka's economic structure. When the world is facing such huge challenges, all countries are struggling, but at the same time, there are some bigger crises, that is, the U.S. economy may be crushed, which has a very important impact on the U.S. economic situation. The US dollar is the international currency used around the world.
The increase in unemployment and the closure of many factories have put the U.S. economy in a state of being unable to grow and being consumed. If this situation is not alleviated in time, if the U.S. economy collapses, it will have a huge impact on the world. Experts speculate that if the United States does not respond to these four crises in time, the crisis will spread around the world, but even these Western experts say that the impact of the crisis on the Chinese economy may not be significant. Economic development is stunted, with subsequent knock-on effects including mass unemployment and a period of social instability. The American people, who have been wronged a few times, could cause a lot of riots.
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