by Lawerence Thomas, Gold Telegraph:
The economic picture has been looking up, but perhaps all is not what it seems. Vladimir Putin has warned of a global economic crisis ahead due to continued political tensions between East and West as world trade becomes more unpredictable and volatile. According to Putin, “Break the rules is becoming the new rule”
The only certainty appears to be uncertainty.
Quick-changing geopolitical factors are increasing the likelihood of trade wars instead of trade peace. Putin also questions the benefit of using trade sanctions as a means of achieving economic agreements. While the U.S. has had sanctions against Cuba and North Korea for decades, President Trump has added China, Russia, Iran, and Venezuela to the list regardless of trade history.