Profile image
By ActivistPost (Reporter)
Contributor profile | More stories
Story Views

Now:
Last Hour:
Last 24 Hours:
Total:

The Fall of China: What it Means to You, Your House, Your Money, and Your Future

Friday, July 10, 2015 11:41
% of readers think this story is Fact. Add your two cents.

(Before It's News)

B4INREMOTE-aHR0cDovLzMuYnAuYmxvZ3Nwb3QuY29tLy1aVXFKNmtnTmM4Yy9WYUFOak5yOU1VSS9BQUFBQUFBQXBsZy9FajZkUUZtOU5kZy9zMzIwL2NoaW5hX2J1YmJsZS5wbmc=By Stefan Molyneux

China just lost over $3 trillion of stock value, what this means to you, your house, your money, your future and your chances for true economic and political freedom.

After more than doubling in value over the last year despite a slowing economy and weak corporate earnings reports – the stock market in China is in a freefall. While the eyes of the world are on Greece and the European Union – China’s economy is imploding.

Since June 12th, 2015, the Shanghai Stock Exchange Composite Index has fallen 31.2% – wiping out over $3.2 trillion USD of the markets total value – and there seems to be no immediate end to the market plunge in sight. There will be no economic recovery. Prepare yourself accordingly.


Visit freedomainradio.com



Source: http://www.activistpost.com/2015/07/the-fall-of-china-what-it-means-to-you.html

Report abuse

Comments

Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Total 7 comments
  • jeff

    A drop in the bucket. China can outprint US and will. The fall? Dream on.

  • The Watcher

    JUST A TRIP UP!

  • Pink Slime

    They have been saying this about China the past decade. It never means a fall, it means WAR! Watch & Learn.

  • carsonking

    I think the bigger question, if you live in the uk is, how come the msm are not covering it or the NYSE closing as well, not a peep?

  • JG

    So…Where, exactly, do you think that money “disappears” to? Do you really think it just “vanishes into thin air”?

    Today, you own a stock certificate worth, say, 100.00. Tomorrow, stocks fall and it’s worth 50.00. What happened to the 50.00? Does it just disappear?

    Seeing as how the stock markets will NEVER just go up and never down- you don’t really think it’s designed that way do you?

    So the news says 3 trillion “lost”. Sure. Look in a few select pockets. You’ll find it.

    • carsonking

      As with everything in life, for someone to win, someone has to lose and seeing only 3% of money is actual currency! they have us hand over fist. It’s a pattern I’ve been watching all my life, they get the middle classes and up, rich, so they start investing, then they go boom and take it all away, it’s a game to them, this is no crisis, they are laughing around a dinner table like the people who make greetings cards on valentines day and Christmas, they laugh and laugh and laugh. It reminds me of the film ‘Trading Places’ when the Montgomery brothers bet one dollar on one mans outcome but spend a fortune creating the bet, just for a laugh. They care not about anything but themselves and use this to get other people who care nothing but themselves to get others lower down to perpetuate it until you come to a poor child in an Indian railway station. Most people are out for themselves, I don’t like the cut of the jib of 90% of the people I have to know and who knows about the other 10%??????, what do I know?

  • woggy

    Looked at the comments. Noticed no one mentioned the announcement by China.

    July 4, 2015

    China Warns Russia That “State Of War” Now Exists With United States

    By: Sorcha Faal, and as reported to her Western Subscribers

    The Ministry of Foreign Affairs (MoFA) is reporting today the Federation has been informed by the State Council of the Peoples Republic of China (PRC) that a de facto “State of War” now officially exists between that Asian nation and the United States of America.

    According to this report, following the “provisions and protocols” of the 8 May 2015 Russian-Chinese Cyber-Security Agreement that states a signatory to this pact that anticipates the outbreak of hostilities is obligated to immediately inform the other so that “war preparations” needed to protect critical infrastructure can be undertaken, the PRC has informed the Federation that these “conditions now exist”.
    Leading to this grave war warning from the PRC, this report explains, has been the catastrophic loss of over $3.7 trillion in wealth from Chinese stock markets over the past fortnight that has seen them plunge by over 30% and has led to panic among financial investors and ordinary citizens alike.

    As to the cause of this devastating melt-down, this report continues, PRC experts have stated that “evil” market forces are going short to ruin the Chinese economy, and even suspecting Western-backed investment “predators” of lurking behind the turmoil, with US banking giant Morgan Stanley among the names mentioned.

    Similarly, this report notes, five professors from China’s top universities issued a widely distributed public letter on 2 July alleging sinister market forces were exploiting weaknesses in China’s financial system for profit, comparing the situation to when President Obama’s “puppet master”, financier George Soros, and others bet against East Asian currencies during the 1997-98 Asia Financial Crisis.
    To what precipitated this devastating Obama regime-led financial attack upon the PRC, MoFA experts in this report say, was detailed early last month by the Washington Post News Service, who, in part, said:

    “Hackers working for the Chinese state breached the computer system of the Office of Personnel Management in December, U.S. officials said Thursday (4 June) , and the agency will notify about 4 million current and former federal employees that their personal data may have been compromised.

    The hack was the largest breach of federal employee data in recent years. It was the second major intrusion of the same agency by China in less than a year and the second significant foreign breach into U.S. government networks in recent months.”
    As to the wisdom of the Obama regime attacking the PRC’s financial markets in retaliation for their alleged hacking of US government servers, this report continues, it appears to be both “juvenile” and “ill timed” as China, with its holding of over nearly $4 trillion in foreign reserves, compared with the United States $121 billion…and with China’s citizens having a staggering $21 trillion saved compared to their American counterparts who have only $614 billion…is more than prepared to retaliate.

    And making this situation even more fraught with danger, MoFA experts in this report warn, in a further response to the Obama regimes attacking them, two senior Chinese military leaders yesterday called on the People’s Liberation Army to beef up its naval capacity and combat readiness amid a higher risk of “warfare on the doorstep”.

    In a 5,000-word article published yesterday in People’s Daily, the Communist Party’s flagship newspaper, General Cai Yingting, commander of the PLA Nanjing military area command, and his political commissar General Zheng Weiping, warned that the PLA should learn lessons from the war with Japan that ended 70 years ago.

    These Chinese generals further stated, “There have been profound challenges from territorial disputes on our country’s periphery, geopolitical competition among big powers, and ethnic and religious friction. Tensions in surrounding hot spots are also on the rise, and the risk of chaos and warfare on our doorstep has increased. We should be more vigilant … and put combat preparedness at the front of our minds.”

Top Stories
Recent Stories
 

Featured

 

Top Global

 

Top Alternative

Register

Newsletter

Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.