Global economic slowdown, stock market crash, and U.S. tariff policies

It talks about the global economic slowdown, stock market crash, and U.S. tariff policies.

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🔹 Goldman Sachs and JP Morgan Predictions

Goldman Sachs has warned there's a high chance of an economic recession in the U.S. within the next 12 months.

JP Morgan predicts a 60% chance of recession in the U.S.

This isn't just about the U.S.—the global impact could be huge.



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🔹 Singapore's PM Warning

The Prime Minister of Singapore said the U.S. tariff policy could lead to world war-level consequences.

This shows how serious the global tensions have become.



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🔹 Indian Stock Market Crash

Recently, India’s stock market suffered a huge loss of ₹19 lakh crore (1.9 trillion rupees).

Major companies like Reliance, HDFC, and TCS saw significant losses:

Reliance lost ₹69,489 crore.

HDFC Bank lost ₹50,466 crore.

TCS lost ₹49,000 crore.




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🔹 Global Stock Market Decline

Other countries also saw sharp declines:

Hong Kong: -13.6%

Taiwan: -9.6%

Japan: -9.5%

Italy, Singapore, Sweden, China, Germany: between -6% to -8%

India: around -4.1%

Russia and Turkey: around -3%



This shows a global market panic, not just limited to India.


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🔹 Train Analogy

The speaker compares the global economy to a fast-moving train, where one wheel (the U.S.) has gone off track.

If it doesn't get back on track, the whole train (global economy) could derail.



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🔹 U.S. Tariff Policy: The Core Issue

The U.S. has introduced “reciprocal tariffs”, meaning:

If one country charges less for U.S. products, the U.S. will lower tariffs too.

But if countries charge high tariffs, the U.S. will retaliate with higher tariffs.


This is called Liberation Day by the U.S.—a step away from globalization.



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🔹 The Decline of WTO

The World Trade Organization (WTO), meant to maintain global trade balance, has lost its authority.

The U.S. under Donald Trump ignored WTO rules and pushed for unilateral tariff decisions.

Trump’s logic: Why should American products face high tariffs abroad, while the U.S. market is open?



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🔹 Impact on Singapore

Singapore, which depends heavily on imports, is badly affected.

A small 10% tariff from the U.S. hurts Singapore’s open economy.

The Singaporean PM accused the U.S. of destroying globalization.



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🔹 Conclusion

The global economy is in a fragile state.

U.S. tariffs are triggering a chain reaction across economies.

The speaker warns that further instability could lead to long-term global consequences, not just temporary recessions.

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