Gerald Celente – China Stock Market Crash To Create Full-Blown Global Panic, But Gold Will Shine

Sunday, April 24, 2016
By Paul Martin
April 24, 2016

Today the top trends forecaster in the world told King World News that China’s stock market crash will crash along with their economy and this will create a full-blown global panic, but gold will shine.

Gerald Celente: “George Soros came out earlier in the week warning about the Chinese debt bubble, which is estimated now to be at about $30 trillion, up from $500 billion twenty years ago…

Gerald Celente continues: “Soros said:

“Stimulus can buy you additional time, but it makes the problem that much bigger.
That’s where we are.”

So when they talk about China’s growth now at 6.7 percent, they leave out the fact that the Chinese banks pumped in some $212 billion in new local currency loans in March. There was also the social financing of another $360 billion in the month of March.

The Rest…HERE

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