Central Banks Are Driving Us Toward A Stagnant Global Zombie Economy

by admin in Dahboo77
This risk could not be more evident today. Not only have we seen large downgrades to consensus growth estimates and central banks’ expectations of GDP and inflation, leading indicators also point to a much weaker economy ahead.
See Also: (Dahboo77) – Intel Officers Fear China Will Target Planet’s Underwater Internet Cables

A new op-ed in Bloomberg Quint has noted what the United States should really be worried about regarding Beijing’s intentions after a year of tense China-US Navy encounters in the South China Sea. This potential threat, which is “far harder to discern,” involves the world’s some 380 underwater cables carrying more than 95% of all data and voice traffic between the continents. Could China be stealthily hacking them? It is certainly now in a better position to do so. The piece details how the Chinese conglomerate Huawei Technologies — already at the center of a broader US-China dispute over theft of trade secrets and unlawful dealings with sanctioned regimes like Iran — now has contracts to construct or improve nearly 100 submarine cables globally.

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