Is China’s Bubble About To Burst? Look Out US!

Economist Dr. Richard Wolff, Democracy At Work joins Thom. China – the world’s second biggest economy – recently saw its stock market plummet 30 percent in a month. Does this mean that next big economic crisis is right around the corner?

With currencies being rapidly devalued by their respective governments, the global economy in a slow-down, and tensions over resources heating up around the world, it’s time to start considering the endgame. If we all talk about the end game and a scenario of total collapse, I can see the governments telling everybody that your money is now worthless and the bonds you own are now worthless. You all have to take a haircut. The controlled media tells us that it is a symptom of corporate greed and an accidental occurrence. The truth is that recently released central bank cartel documents show that the entire global financial melt-down in a purposefully engineered consolidation. The following is a transcript of an interview with award-winning investigative journalist Greg Palast in which Palast blows the IMF World Bank program of slavery wide open.

Hyperinflationary environment developing major collapses in the bond and stock markets and possible sudden deflation (primarily of assets), followed by dramatic inflation, if not hyperinflation (primarily of commodities), followed by a crash of several major currencies, particularly the euro and the US dollar. Travel Restrictions. This will begin with restrictions on foreign travel, including suspension/removal of passports Confiscation of wealth. The EU has instituted the confiscation of bank accounts, which can be expected to become an international form of governmental theft. Food Shortages Riots. These will likely happen spontaneously due to the above conditions, but if not, governments will create them to justify their desire for greater control of the masses. Martial Law. The US has already prepared for this.

U.S. economic collapse: Donald Trump on America vs. China

Trade imbalance and export of American manufacturing capacity to China contribute immensely to our inability to fix our broken economic system.

 

SOURCE : http://www.prepperfortress.com/is-chinas-bubble-about-to-burst-look-out-us/

Other useful resources:

Survival MD (Best Post Collapse First Aid Survival Guide Ever)

Backyard Innovator (A Self Sustaining Source Of Fresh Meat,Vegetables And Clean Drinking Water)

Blackout USA (EMP survival and preparedness)

Conquering the coming collapse (Financial advice and preparedness )

Liberty Generator (Build and make your own energy source)

Backyard Liberty (Easy and cheap DIY Aquaponic system to grow your organic and living food bank)

Bullet Proof Home (A Prepper’s Guide in Safeguarding a Home )

Family Self Defense (Best Self Defense Strategies For You And Your Family)

Sold Out After Crisis (Best 37 Items To Hoard For A Long Term Crisis)

Survive The End Days (Biggest Cover Up Of Our President)

Drought USA(Discover The Amazing Device That Turns Air Into Water)

You may also like …