Binance Square

downgraded

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🙅❌❌ #MarketMeltdown WHY ? It is evident that US Economy is in death trap. IMF Deputy Managing Director Gita Gopinath Slammed Trump, US administration for rising debt to staggering $36 Trillions & urged US to take control of increasing deficits. On other hand, MOODY'S #Downgraded US credibility credit rating last week, also. Trump brought #BUDGET that didn't responded well in market & it looks this budget is not reform oriented but Trump used it as a tool to maintain his popularity among a sect of people. Frustrated #DonaldTrump making it more worst by his insane policy on #TARRIFwar which will ultimately hunt US economy at large. The whole Scenario has created chaos, uncertainty & fear in Market & it looks no revival in recent period.
🙅❌❌ #MarketMeltdown WHY ?

It is evident that US Economy is in death trap. IMF Deputy Managing Director Gita Gopinath Slammed Trump, US administration for rising debt to staggering $36 Trillions & urged US to take control of increasing deficits.

On other hand, MOODY'S #Downgraded US credibility credit rating last week, also. Trump brought #BUDGET that didn't responded well in market & it looks this budget is not reform oriented but Trump used it as a tool to maintain his popularity among a sect of people. Frustrated #DonaldTrump making it more worst by his insane policy on #TARRIFwar which will ultimately hunt US economy at large.

The whole Scenario has created chaos, uncertainty & fear in Market & it looks no revival in recent period.
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