gold~silver

gold~silver

пятница, 6 июля 2018 г.

This is China’s trade war kryptonite


Trade wars have unintended consequences... like higher prices, a drop in global trade and
less efficient domestic companies when they don’t have to work as hard without competition.
The Smoot-Hawley Tariff imposed by the U.S. in 1930 slapped 20 percent tariffs on 20,000 kinds of imported products (mostly from Europe). It set off a wave of trade protectionism. Global trade fell by about two-thirds in four years.
Thanks to its stunningly accurate history of predicting some of the highest cryptocurrency gains, this simple pattern could well be the most predictable way to make a crypto fortune.
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It recently appeared in four other cryptocurrencies that could make you life changing gains – no matter where the price of Bitcoin goes next.

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