I recently spoke with Robert Kiyosaki for the Rich Dad Radio Show about the danger that the US – China Trade War may soon become a new Cold War.
In just over two months from now, President Trump intends to increase the US trade tariffs on $250 billion of Chinese goods from 10% to 25%. If he does, that will deal a serious blow to China’s already weak economy. China will retaliate. The consequences could be dire.
A US trade war with China has the potential to ignite geopolitical tensions on a scale that hasn’t existed since the collapse of the Soviet Union. Economically, a trade war has the potential to bring about a global economic crash at least as bad as that of 2008, and possibly much worse. Click on the link at the bottom of this page to listen to Robert and I discuss the risks.
After listening to this interview, if you would like to subscribe to Macro Watch at a 50% discount, click on the link below and, when prompted, use the discount coupon code: rich
Please share this blog with your colleagues and friends.
The post The Rich Dad Radio Show Interview With Robert Kiyosaki appeared first on Richard Duncan Economics.