THE COLLAPSE OF CHINA and WHY WE’RE HEADING TO WAR
InvestmentWatchBlog.com
August 29th, 2015
Everyone should read the article below from the Guardian and understand that China is about to collapse in the worst way possible…they will react by massively devaluing the yuan and dump 1 trillion dollars worth of US bonds onto the market…the FED will be forced to buy them up at a severely high cost…this will lead to an extremely fast global meltdown.
To keep the Chinese people from revolting against the government (which they will once their purchasing power drops drastically and unemployment is a nightmare), the chinese leadership will blame America (this is already happening) and will create unity by starting a war.
Excerpt from Guardian article:
“There are a wealth of other indicators – whether it is corporate profits, volume of imports, whether it is any number of other things – that simply indicate enormous economic pressures,” Balding added.
Anne Stevenson-Yang, the co-founder of J Capital Research, said the Chinese economy was now at “the top of a peak or the sharp end of the knife”.
“Now it is going all downhill. I think that from here on in we see a sharp depreciation of the renminbi, we see an acceleration of credit – but not actually having any effect on the economy – and consequently you probably get inflation domestically and then a burst in unemployment and all sorts of nasty things.”
“The slowdown is really bad. It’s not a slowdown; it is a crash and this is going to accelerate and get worse,” added Stevenson-Yang, the author of China Alone: The Emergence from and Potential Return to Isolation.
The Rest…HERE
