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Heads Up — The Global Financial Collapse Is Accelerating and China Reacts. Guess How! (Video)
ALERT! THE GLOBAL COLLAPSE IS ACCELERATING, CHINA REACTS
11 Aug 15
And just what has China done to influence the world? Check this out!
Peak Debt: Global Economy In Collapse, The Next Phase Is Here.
As the global economic situation continues to deteriorate, the world central bank created debt bubble is hyper-inflating.
In their latest desperate move China has shocked global markets with a surprise steep currency devaluation, and the world stock markets are taking a hit.
It is certainly no secret that the worlds second largest economy is in a lot of trouble, in fact the Chinese government has gotten so desperate as of late that it has taken unprecedented steps to stop the free-fall of their stock markets. Below is a quote from an article I wrote this past June10th titled: The Stock Market May Be About To Take A Great Fall.
“With governments like China today, directly getting involved in market manipulation: forcing brokerages to buy stock, halting trading on large swaths of their markets, not allowing certain transactions to take place, and not allowing share holders with a greater than 5% stake in a company to even sell their stock, we have certainly hit an all time high with regard to stock market rigging.”
Right now the world is deeply embedded in a hyper-inflated debt bubble, sparking a full-on currency war, and China’s latest move is simply the latest salvo.
The current environment is causing massive capital misallocation across the spectrum, thus forcing this hyper-inflationary debt bubble to gain even more strength, and there lies the problem. World central banks, including the Chinese central bank, are so desperate to keep these bubbles inflated that they will do anything and why? Because the alternative is too horrible to contemplate. As I have been saying for years, the global debt crisis IS NOT simply a financial issue, it is a resource crisis. In order to just sustain the current global population, more debt in greater and greater amounts must be borrowed into existence.
It should be evident to everyone that China, the worlds second largest economy, is in deep trouble. Moreover, because we now live in a global economy situation, the ramifications of a China meltdown is going to affect every single aspect of the world economy-the US is certainly not immune.
In my opinion we have hit the moment of PEAK DEBT, but what are world central banks going to do about it? READ MORE
#finance #money #globalcurrency
And, IF China is in DEEP Trouble, then, you ameriiiscums are in DEEP S_it!
Who the HELL is going to make all of your JUNK at WalLofJUNK???
Oh, and GOOD BYE to many, many Retail jobs!