This Is A Global Confidence Crisis: Something We Never Say Before

▶️ Watch on 3Speak


We are in uncharted waters with what is taking place. There is a complete loss of confidence globally. The entire global economy is filled with fear.

In this video I discuss how China, which is ahead of the rest of the world, is finding it difficult even with their economy reopened.


▶️ 3Speak



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Sorry to bother you this account taskmaster4450le is also yours or is one of those scammy alt acounts that imitate content creators?.

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Both are the same, He uses both to delegate to this curation project as well.
Good thing to ask, however...

Check out Spinvest-NEO we are really hot!
Low REP because I don't post much with
this account, my main is @underground

Posted via neoxian.city | The City of Neoxian

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Thanks to educated people like yourself, and of course my favorite 'conspiracy theory' website (roadtoroota.com) I have been preparing for this since 2009, well, at least mentally prepping for this since the crash of '08.

EXCELLENT GRASP of the fundamentals, and while I am "hoping for the best" I am "PREPARING FOR THE WORST" in an accelerating fashion.

I could show a partial list of precious metals purchases, but that is perhaps the lesser of my prepping, and just from one retailer. I'd like your thoughts on the Harry Dent brand of deflation, he predicts Gold to $700 ranges, but I believe that he has never accounted for market manipulation.

There is also the possibility that we may HAVE TO return to the Gold Standard, which is also the cornerstone of the RTR (Road to Roota) theory. Please comment on any and all of these, Task... I value your insight.


Posted via Steemleo

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Summary:
In this video, Task discusses the current global economic situation, focusing on the deflationary spiral that is taking place due to the impact of the coronavirus pandemic. He explains that the measures taken by central banks and governments might not be enough to stimulate demand, as people are fearful and hesitant to spend due to the uncertain times. Task highlights the challenges faced by companies in trying to incentivize consumers, as they are unable to predict future consumer behavior. He emphasizes the importance of understanding the deflationary environment and the struggles organizations are facing in catching up with changing consumer sentiments.

Detailed Article:
Task delves into the unprecedented global economic landscape shaped by the coronavirus pandemic, emphasizing the deflationary spiral that is gripping economies worldwide. He addresses the misconception many have regarding the situation, asserting that 99% of people are misinterpreting the severity of the crisis. Task points out that central banks and governments are taking extraordinary actions in response to the crisis, with the US government sending out financial aid as one example.

Discussing China's situation, Task notes that the country is gradually returning to normalcy, albeit with significant economic repercussions. Despite attempts to stimulate demand, economies remain stagnant due to widespread fear among the populace. Task underscores the domino effect of reduced consumer spending on various sectors, leading to a chain reaction of economic decline.

Task goes on to explain the complexities companies face in trying to encourage spending, noting that traditional incentives may not be effective in times of fear and uncertainty. He warns of the challenges ahead as businesses struggle to predict consumer behavior and adjust their strategies accordingly.

Emphasizing the gravity of the situation, Task suggests that the global economy is already in a state of collapse, contrary to some beliefs that a collapse might occur in the future. He cautions against expecting a swift return to normalcy, arguing that the repercussions of the crisis will be felt for an extended period.

Task also touches on the stock market's performance, expressing skepticism about its current stability and advising caution for traders. He predicts that the true impact of the crisis will become more apparent in the coming months, urging viewers to brace themselves for significant economic challenges ahead.

In conclusion, Task encourages viewers to stay informed and prepared for the tumultuous economic landscape that lies ahead. His analysis underscores the intricate dynamics at play in the global economy and the necessity for individuals and businesses to adapt to unprecedented circumstances.

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