GEORGE SOROS PREDICTIONS – CHINA’S STOCK MARKET COLLAPSE AT PRESENT
Apart from the Greek financial crisis continuing today, that threatens to destabilize the EU comprising about 400 million people, of much bigger and much more serious concern, is what is happening in China’s stock market at present. Once again, today, July 7 2015, the Chinese stock market continued its deadly spiral downwards into oblivion wiping trillions off the value of company shares in the past 3 weeks. As the world’s biggest economy, or second biggest economy, now with over 1.3 billion people, how is this soon going to affect the world?
Most members of the general public, businessmen and politicians themselves, simply have no idea of the seriousness of what is really happening, and that this enormous global money printing and debt bubble fraudulently created by central banks is about to pop, starting in China, potentially threatening the whole world.
On January 9 2014, 18 months ago, an interesting article quoted George Soros remarkably predicting this:
GEORGE SOROS PREDICTS CHINA STOCK MARKET CRASH, CALLS FOR GLOBAL GOVERNANCE
“There is an unresolved self-contradiction in China’s current policies: restarting the furnaces also reignites exponential debt growth, which cannot be sustained for much longer than a couple of years.
There is some eerie resemblances with the financial conditions that prevailed in the US in the years preceding the crash of 2008. But there is a significant difference. In the US , financial markets tend to dominate politics; in China, the state owns the banks and the bulk of the economy, and the Communist Party controls the state-owned enterprises. How and when this contradiction will be resolved will have profound consequences for China and the world.”
His dire prediction, dear friends – is beginning NOW! Although most, as yet, haven’t quite woken up to what’s really happening. The dominos are about to fall! And on some they’re going to fall extremely hard. I trust you have all, after reading my endless, often tireless emails about the coming storm, have been wise enough to salt a few nuts away for a rainy day, where big brother and the banking pirates can’t get their dirty hands on them.