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China will cause World Depression starting in a week. Futurist tells how.
Thursday, October 10, 2013 9:00
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From Future News Now. Website.
I am a futurist, intuit and psychic, and this came to me on October 7th. China will take action which will cause a 20 year world depression. China will start doing it soon, within about a week, though it will be quiet and subtle and may not be noticed for about a month.
China will start dumping the US dollar. They hold TWENTY EIGHT TRILLION US dollars in cash and treasuries, and behind the scenes, they are freaking out at what is happening in Washington regarding raising the debt limit. All of the disagreement in Washington can ONLY be very bad for the dollar. The US credit rating is likely to drop again, and this will lower the value of the dollar. The drop in the dollar means their TRILLIONS will shrink in value, and they know this. It will affect you, A LOT. Your income will drop.
They will begin quietly selling US assets as quickly as possible, behind the scenes as much as possible. But it will not go unnoticed, and their sales will cause the dollar to fall even more. Other countries and big institutions will begin dumping too. Then China will jump in with “massive dump days“ causing the US dollar to absolutely plummet.
And they will be buying gold of course. Gold will begin to skyrocket quite soon. There will be signs of this before October 17.
A trillion is one thousand billion. If they dump 100 billion per day, it would take 280 days to dump it all. As the dollar drops, they will be inclined to dump it faster and faster. Gold: UP! UP! UP!
For more visit my website, here.
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