Since China launched the COVID War in January 2020 on its Lunar New Year, “The Year of the Rat,” The Trends Journal had long forecast that the world’s governments propping up economies with countless trillions of dollars backed by noting and printed on nothing…
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SPOTLIGHT: BIGS GETTING BIGGER
Teresa Ribera, formerly Spain’s deputy prime minister, has been named the European Union’s “competitiveness minister,” putting her in charge of pumping up mergers and acquisitions, while also pushing the region’s green transition and overall economic competitiveness.
TAIWAN SAYS IT’S AWARE OF INCREASED MILITARY ACTIVITY BY CHINA, ISSUES WARNING
Taiwan’s top military official warned last week that the island needs to be prepared to respond quicker if Beijing decides to invade because of the increased military activity in the region.
SPOTLIGHT ON EUROPE: ECONOMIC DOWN TIME
Rising sales outside of Europe will offset an auto industry slump across the continent this year, German car parts manufacturer Continental AG said last week.
L’OREAL GROWTH SLOWS ON CHINA SLUMP
China’s staggering economy bogged down another luxury house in the year’s second quarter, with make-up and skincare conglomerate L’Oreal reporting a 2.4-percent sales slump in its Asia region that includes China.
CHINA’S WEAK ECONOMY TANKS COMMODITIES MARKET
Persistent weak demand in China and an abundance of supplies have driven many investors and speculators out of the commodities market, dumping about $41 billion in long positions on the way out.
U.S. PROVIDES THE PHILIPPINES WITH $500M IN ADDITIONAL MILITARY AID TO COUNTER CHINA
The Biden administration announced last week that it will pump the Philippines with $500 million more in military aid as the Asian country continues to clash with China in the South China Sea.
SPOTLIGHT: NEW WORLD DISORDER
Here are a few of the latest disorders that are unfortunate negative trends that will make bad times much worse.
SPOTLIGHT: TOP TREND 2024, EV GO FU
General Motors will delay introducing a new Buick electric vehicle (EV) and the opening of an electric truck factory, CEO Mary Barra said in a call with analysts last week.
SPOTLIGHT: HARD TIMES IN HIGH FASHION. THIS TREND, IS NOT YOUR “FRIEND”
As we have long noted, the decline in luxury sales is an important trend indicator. As the old saying goes: “The Fish Rots from the Head Down,” and we are providing the facts in this SPOTLIGHT, to illustrate the economic danger ahead.