Shock Report: China Dumps Half a Trillion Dollars: “Somethin

Economic and Mark of the Beast
prophecy-related information

Shock Report: China Dumps Half a Trillion Dollars: “Somethin

Postby st louis steve on Fri Jul 24, 2015 3:38 pm

Shock Report: China Dumps Half a Trillion Dollars: “Something Is Very, Very Wrong” http://www.shtfplan.com/headline-news/s ... d_07222015

We’ve recently reported that China is preparing for something very big in currency markets this October. We then learned that economic models from two very well known financial forecasters are predicting that governments around the world will run into serious problems starting around October 2nd of this year. Those forecasts come on the heels of a warning issued by economic analyst Michael Snyder who says that a financial collapse is imminent within the next six months.

A wide body of evidence suggests that something is in the works as economic numbers around the world are revealed to be nothing short of pure conjecture. Yet, despite the clearly disastrous direction in which the world is trending, politicians and media pundits maintain that whatever contagion existed has now been contained.
st louis steve
 
Posts: 9394
Joined: Tue Mar 07, 2006 11:50 am
Location: St louis, Missouri

Re: Shock Report: China Dumps Half a Trillion Dollars: “Somethin

Postby st louis steve on Wed Jul 29, 2015 1:37 am

China losing control as stocks crash despite emergency measures

Margin debt on the Chinese stock market has reached $1.2 trillion. 'We suspect that it’s a matter of time before banks may have to face the music,' Bank of America says http://www.telegraph.co.uk/finance/chin ... sures.html
st louis steve
 
Posts: 9394
Joined: Tue Mar 07, 2006 11:50 am
Location: St louis, Missouri

Re: Shock Report: China Dumps Half a Trillion Dollars: “Somethin

Postby GodsStudent on Wed Jul 29, 2015 3:24 am

Western banks say they are coming under heavy pressure from Chinese officials to refrain from negative comments. They are effectively gagged if they wish to do business in China.

“Large parts of the market are closed, and those stocks that are still trading are selling off regardless of support measures. Clearly something very serious is happening,” said one economist.


Clearly.
GodsStudent
Supporting Member
 
Posts: 10994
Joined: Sun Mar 16, 2008 10:36 pm


Return to Economic/MOB Watch

Who is online

Users browsing this forum: No registered users and 1 guest