taken on a huge oil of debt creates the books if the economy weakens if the chinese. central bank will have to lower interest rates that means the chinese currency will weaken as well. that as the chinese getting even more aggressive in europe the economy is softening as well so the european central bank will have to stick to its policy of easy money and that will drive the year old lower. to say the europeans are ramping it up and pushing their exports even more. for some four decades the g seven group of rich industrialized nations trying to tackle the problem through corporation members promoted multilateral trade agreements as a solid foundation for international commerce but that was then donald trump does not play along his slogan is america first multilateralism is not his thing he s backed out of a number of treaties and agreements and turned conflicts into an all out trade war