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Us economy is shrinking


kakatiya

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4 hours ago, kakatiya said:

China is hitting usa really strong in economy.

For first time I feel like us economy is hit. Covid is one big culprit that started it's down fall. 

In coming days Temu will overtake Amazon..you will see Walmart, Amazon,  target, hardware stores  losing business. 

If chinese electric car enters market ..it is end of the road for Ford and Chrysler,  GM. And oil companies .

All these fortune 500 learnt heavily from 2008 recession. They are cutting employees and size to prepare for big storm. 

The only industry left is chip manufacturing. If China invades taiwan..then it will lead the word finance industry and defence cjip manufacturing sector too.

 

 

They won't allow Chinese cars to save US auto industry 

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