The Global Economy Has Entered Another Round Of Recession.

The stock market has continued to rise recently, but all hard economic data show that the global economy has already started a great recession.

This is very easy to recall the situation in 2008.

All basic data showed a "recession" in the middle of that year, but the stock market did not react until later.

It seems that the same situation is happening now.

Until the crisis happens, I believe it is much more serious than what we experienced in 2008 and 2009.

The US economy has never even approached the level before the last recession, and now the next crisis is coming.

However, most people will ignore all the above data and continue to pretend that everything will be fine until the US stock market collapses.

Trade data, manufacturing data, inventory data and even GDP data indicate that the economy is experiencing a noticeable slowdown, but stock traders are not aware of it.

In fact, the performance of the stock market in October was quite gratifying.

Of course, as in 2008, the stock market will eventually be in line with the real economy.

It's just a matter of time.

The following 18 sets of data indicate that

There has been a serious recession.

1 the largest bank in the West and the British banking giant HSBC said the world is already in the "dollar recession".

In dollar terms, global GDP has fallen by 3.4% so far this year, and Global trade has fallen by 8.4%.

In 29 months, in dollar terms, China's exports decreased by 3.7% compared with the same period last year, while imports dropped by 20.4% over the same period last year.

China's steel demand fell 8.7% in the 39 month.

In the first 9 months of 4, China's railway freight volume decreased by 11.4% compared with the same period last year.

In 510 months, Korea's exports decreased by 15.8% compared to the same period last year.

6 according to the index issued by the government of Holland, the world's major commodity trade index was 150 last year, but now it has dropped to 114.

This means that global commodity trade has decreased, which is a clear sign of slowing global economic activity.

7 US exports have fallen by 11% this year.

Since the turn of the century, only such a significant decline has occurred during the previous two economic recessions.

8 since March, the total volume of raw materials pported by trucks, railways and air pportation in the United States has been declining every month.

If the circulation of raw materials in the country is reduced, this means that

Growth or decay? The answer is self-evident.

9 the ISM, the most important index of manufacturing in the United States, has dropped for four consecutive months.

10 Dallas's Federal Reserve manufacturing industry is expected to decline for 10 consecutive months.

11 wholesale sales in the United States have dropped to their lowest level since the last recession.

12 the inventory ratio has risen to the highest level since the last recession.

This means there is a lot of unsold stock.

13, a new round of depression appeared in the US real estate sector, and secondary housing sales fell by 2.3% in September.

14 us new home sales fell by 11.5% in September.

15 WAL-MART expects its revenues in the next fiscal year to drop by as much as 12%.

16 Williams (John Williams) of shadow data (shadowstats.com) said that if the government really uses real data, the unemployment rate in the United States today should be 22.9%.

17 Challenger Gray, an employment consultancy, said that the number of layoffs in large enterprises has risen to the highest level since 2009.

18 the number of vacancies in the United States decreased by 5.3% in August.

For a single month, this is a very big drop.

It triggered crises in 2008 and 2009.

None of them has been solved.

On the contrary, we have made more and more mistakes.

From the last recession to today, we have witnessed the biggest debt feast in the history of the earth.

Today, a large number of debts are beginning to turn into bad debts. The BIS says their risk instrument is on the red.

Britain recently published an article entitled "the end of the day: the next financial tsunami has begun."

This is exactly what we are going to face.

Whether it happens next week or a few months later, the fact is that we are inevitably heading for another banking crisis and will be global.