Thursday, March 8, 2018

USA AND EU DETERIORATING TIES IN VARIOUS FIELDS, DUE TO THE POSSIBLE OUTBREAK OF ECONOMIC WAR BETWEEN THE WORLD'S TWO MAJOR POWERS COULD LEAD TO INSECURITY AND THE FALL OF THE CAPITALISTIC WESTERN COUNTRIES.


    The unprecedented deteriorating ties between the USA and the EU attributed to the recent differences over trade agreements other economic issues and the monetary policy, besides USA government intention to enforce custom penalties on both imports and exports from and to the EU, particularly on the major mineral resources and their derivatives alloy, or products such as steel and aluminium sheets could lead to major economic war and insecurity between the USA and the EU which too, could lead to the eventual fall, or collapse of the Capitalistic Western World countries  as the proven factors of the financial collapse and economic downtrend of the previous years had proven the existence of the less understood finance and economic phenomenon, which unfortunately originated in the USA and spread globally in the major and minor markets of the capitalistic countries of this World in which the phenomenon, or phenomenia have been generally referred to as the negative effwct, or dynamics of the capitalistic countries with major finance and economic potential, or capacities as the USA that can exponentially grow, or ballooned toward the positive, or negative finance and economic dynamics which seemed to have remained as a finance, or economic phenomenon that has neither been understood, nor resolved by scientists  finance, or the economy experts in the USA and globally, but this phenomenon  could cause the collapse of the  capitalistic major countries for the eventual collapse of capitalism by itself, despite its positive and negative recurrence in the USA and global markets with additional negative financial and economic performance in the domestic and global markets. However, USA President Donald Trump decision for custom penalties against the EU and other trade agreements issues with other countries has not been a sudden, or an abrupt decision as it may have been described by both the domestic and the International media at home and in the foreign countries, but rather it has ever been part of the President's mandate against trade agreements outsourcing and trade deficit with EU and other countries before and after his election as President of the United States of America, despite the media description of the President's mandate as the controversial trade mandate of  USA President Donald Trump. The EU has given in by its statement of slight percentage difference in customs fees on various products being traded between the USA and EU, but will remain firm firm on its previous statement for the protection of EU countries from USA custom penalties and other trade issues. Few EU and the far East Asian countries have described the sudden drop in steel and aluminium industry production capacity at home and globally has been attributed to the decline in efficiency and tougher competition in the domestic and global markets which the USA President can not easily resolve by custom penalties against EU and other countries.

      Written by Professor Godfrey Ohia.
Bank : Green Dot Bank
Routing Number : 124303120
Account Number : 301582402494
Account Type : Checking
Name : Professor Godfrey Ohia.

No comments:

Post a Comment