We now face a situation of unprecedented economic turmoil.
By unilaterally imposing tariffs on the entire world, then raising tariffs on China to 145%, President Trump has triggered a process that could lead to a disintegration of the financial system.
However, none of this has been caused by recent events, but by the policies imposed by the City of London and Wall Street after President Nixon took down the Bretton Woods System and introduced floating-exchange rates in 1971.