The two main and new causes of global economic cycles: The US shale oil production cycle, the stop and go of the Chinese economy

When considering the causes of global economic cycles in the recent period, two new main causes are appearing: The US shale oil production cycle, which determines the oil price cycle and therefore has an impact on oil-importing countries’ economic cycle; The stop and go of the Chinese economy . Chinese growth has a spontaneous tendency to slow down; the Chinese government from time to time boosts growth by conducting expansionary fiscal and monetary policies, which boosts global trade and activity.