Will The China’s Economic Collapse Happen In 2019?
I have been warning for years that the greatest and final economic collapse in this century, would be China. Now that cracks in the great red dragon’s economy are widening, it’s time to prepare for the China’s Yuan crash and The Great Depression In China.
China has a unique, state-driven model of capitalism that clueless economists have hailed as the “new model for economic success.”
But I say China’s yuan (and economy) will fail drastically, proving once and for all that government-planned economies do not work as well as free market capitalism balanced by democracy.
Every indicator of economic health in China is down. On top of Apple’s slumping sales here, car sales have plunged for the first time in 20 years.
Property sales, housing construction, foreign investment, December imports and exports are all slowing. And the job market has gotten a lot tougher.
Chinese policymakers are struggling to turn around the rapidly weakening economy, the world’s second largest, with growth in 2018 at its lowest rate for 28 years. And the government, showing its alarm, has been censoring bad news about the imminent economic collapse for months.
A raft of bad financial data in recent weeks suggests the turnaround efforts so far have not worked, raising alarm about how bad things might get — especially if the trade war with the United States drags on.
China’s economic woes, along with a worrying decline in European manufacturing, have sparked fears of a global economic collapse.
There is no way this can end any way other than very, very badly. The question is: when will an economic collapse come? The answer is, sadly: sooner than you’d like.
I expect major problems in China likely by the summer or fall.
When the economic collapse and china’s yuan crash will occur, there won’t be an effective help from the U.S., Europe, or Japan, and it will shocking the whole world. It will make the U.S. financial crisis look like a Sunday afternoon picnic.
100% Certainty The Economy Will Collapse & Prepare For The Imminent Economic Collapse
So what will happen after the collapse, or what is the reason for it?
What will happen is United States of America, Canada, South America will become one nation called “North American Union” or No, Just the same as The Eurozone.
Another sign of weakness in the dollar is of countries turning to precious metals such as gold and silver as a safe haven for a failing currency.
While the West is downplaying (really scoffing at) the importance of Gold and Silver to protect their fiat dollar (which dislikes a hard asset backing) the East has been steadily building up its purchases and converting its large supply of US dollars into the precious metals.
The West had better be alert to this or they may find themselves in a weakened position with respect to the East when the global economy collapses.
China, Japan, and other Asian countries will all unite as well to become an Asian Union. Africa, and middle Eastern countries will unite?
Back at home, we will have a new currency called “Amero”. This is why there is little concern about border control. The problem is, is WE AMERICAN’S will not stand for it. They know this.
The US is just as vulnerable as any superpower in the past to decline – the first major one being the Roman Empire. To assume that the US could not be subject to decline is a gross error and perhaps a sign of arrogance.
Unfortunately, I predict that the global economy will collapse from a black swan event sooner rather than later.
How we can predict the next financial crisis. The 2007-2008 financial crisis, you might think, was an unpredictable one-time crash. But Didier Sornette and his Financial Crisis Observatory have plotted a set of early warning signs for unstable, growing systems, tracking the moment when any bubble is about to pop. (And he’s seeing it happen again, right now.)
This is not anylonger a speculation. The World Economy will collapse. Civil UNREST WILL Occur. It is only a matter of when. a FEW months or slightly more. The world is going down and the NEW WORLD ORDER IS HERE...null
Prepare For The Imminent Economic Collapse
Make sure everyone is aware of the situation. In order to prepare for economic collapse, you will have to make sure that your whole family is on board with your preparations. This means informing them in honest terms what is about to happen and telling them what they should be doing. Make sure everyone takes the situation seriously. Otherwise, they will not be mentally prepared in the event that economic collapse actually occurs.
1# Start an emergency fund. If you are living paycheck to paycheck and you lose your job during an economic collapse, you are at risk for losing your home and living in poverty. It won’t be easy to find another job and replace your income. Your goal should be to save up enough to cover six months of expenses in your emergency fund.
2# Have cash on hand. Depending on where you have it, money in your emergency fund might be hard to liquidate. Bonds, for example, must be sold, and other investments like CD’s might charge fees for early withdrawal. Also, if you have a savings account with an online bank instead of a brick-and-mortar institution, it might take several days to withdraw your money. It’s important to have cash that you can access easily, either from a savings account or a cash box in your home. This can tide you over in an emergency until you can access money in your emergency fund.
3# Generate an additional source of income. Start a home business as a second source of income. If you lose your job because of an economic collapse, it might be difficult or even impossible to find another job. Having an alternative source of income can help you to keep your home and avoid poverty.n addition, think about how likely it will be that people will require these services in an economic collapse; people may need basic necessities like clean water or food.
4# Get out of debt. In a financial collapse, many people are going to lose their jobs and their homes. To prepare for this possibility, you should make a plan to get out of debt as quickly as possible. This way, if you do lose your job, you don’t have to worry about finding a way to pay these bills. The worst kind of debt to have is credit card debt. Because of the high interest rates that many people have, carrying a balance on a credit card can cost you a great deal of money.
5# Stockpile food. The kind of food you store up for an emergency is different from the groceries you purchase each week. You need to get food that is non-perishable, does not have to be refrigerated and will provide you with the nutrition you need to survive. It may be very different from the food you are used to eating, but you will be glad you have it if you ever need it.
Purchase food that does not have to be refrigerated or frozen so you don’t have to worry about power outages.
Include foods highly nutritious foods that are easy to store, such as dried foods, nuts, beans, canned meat and vegetables and powdered milk.
For comfort foods, avoid snack foods that will quickly expire. Instead, stock up on spaghetti and spaghetti sauce, soups, sugar and honey for canning and baking, dried fruit, coffee and tea and hard candy.
Here’s just a glimpse of what you’ll find inside Carnivore’s Bible:
You’ll discover the ancient meat preservation method that will make your mouth water. Enjoying the delicious sweet-smoky taste of beef, pork, or link sausages for months to come… without ANY refrigeration, chemicals, preservatives, or additives!
And you can prepare everything in your back-yard (or balcony) in one afternoon– I promise it will be more relaxing than taking the day off to go fishing.
You’ll also learn how to get rid of the toxic canned food from the supermarket… and preserve your own healthy & delicious vegetables and fruits. All you need is Granddad Bob’s secret canning trick to instantly kill bacteria and parasites…
6# Create an emergency kit. This is a collection of household items you might need in an emergency. In the event of an economic collapse, you may not be able to shop for these supplies, so it’s important to have them on hand. Keep your supplies in a container that’s easy to carry in case you have to evacuate for some reason.
7# Choose your shelter type. A standalone shelter is a separate building that is designed to withstand natural disasters or man-made weapons or attacks. An internal shelter is a room within your home that has been designed to protect you from the elements or other hazards. In an economic collapse, power systems may fail and looters and scavengers may threaten your home. Take precautions to protect yourself.
8# Purchase self-defense tools. Self-defense tools are generally non-lethal. They are used to fend off an attack by rendering the attacker ineffective. You can use everyday objects, such as baseball bats or keys. But these may not be as effective as tools designed for your protection.
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