Chereads / I'll Add Points To All Things / Chapter 932 - The Encirclement

Chapter 932 - The Encirclement

With this question in mind, the entire world's attention was focused on the American stock market.

Just as everyone was hesitating, someone gradually released the analysis of many financial experts.

These financial experts believe that companies related to the shale industry in America will be in dire straits in the future because of the impact of a sudden oil price war.

Coupled with the volatility of oil prices, which is itself a combination of aerospace, automobiles, machinery, and many other industries, the world's economy is, for the time being, declining.

Once the world economy declines, the credit spreads in America will widen.

On top of that, OPEC's allied countries used USD to trade in oil, so they held large amounts of USD and gold.

As long as the oil price war does not end within a short amount of time, these countries' finances would become tight, and they were likely to sell their assets.

So the decline was expected.

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