This isn't even funny at all. Research Evergrande through searches. Banking is pretty big around the world. But its crash will come fast. Keep your eyes and ears open. When crypto takes off fast and big, sell it and get your money out fast. Immediately use your money to buy land with water, tools, food, and basics of life. Nobody knows how long money will hold value among the people after the banks crash.
CNN demands killing healthy trees to save the planet; Evergrande collapse risks global financial chaosEvergrande is collapsing, and the world’s fake news media is conspiring to cover up the unstoppable financial catastrophe that’s being unleashed
An excellent analysis article from Encouraging Angels reveals that Evergrande’s so-called last-minute “bond payment” may never have happened. There appears to be a coordinated media cover-up to pretend that Evergrande is paying bond holders when it actually isn’t.
At stake is the financial solvency of over 120 large financial institutions and banks, including Blackrock, Fidelity, HSBC and many more. A total collapse of Evergrande’s ability to make payments on its debt obligations would send financial shockwaves across the planet and may lead to a global financial meltdown, according to Dr. Metzler (below).
“The bankruptcy of the dangerously lurching developer is merely the first stage of a financial chain reaction that such a bankruptcy is likely to trigger,” concludes Dr. Marco Metzler in a public announcement.
He goes on to paint an ever darker picture of where this all may be headed: (emphasis added)
In addition, an Evergrande bankruptcy is likely to significantly slow down Chinese economic growth. The economic problems in China will then become even more apparent. Keywords: energy and raw material shortages, plant and port closures, and the over-indebtedness of the state, companies and private individuals. The debt ratio is already 230 percent of the country’s annual economic output. “This could have devastating consequences for the global economy. Supply chains would be put under even greater strain than they already are today – if they don’t break completely,” predicts report author Marco Metzler. This, in turn, would then inevitably lead to galloping inflation in the USA and Europe.
In the view of the report authors, a bankruptcy of Evergrande has the potential to lead to extreme disruption of the global financial system – with bankruptcies of players that are still considered rock solid today. “Triggered by a Chinese financial virus called Evergrande, the world may be facing a ‘Great Reset’ – the final meltdown of the current global financial system,” Dr. Marco Metzler pessimistically concludes.
If Metzler is correct, the financial collapse is already a factual event, and it’s only a matter of time before media lies and official propaganda can no longer hide the truth from the world. A cascading debt collapse could ripple across the planet at the speed of digital news, leading to a debt bomb contagion that would burn through highly-leveraged financial institutions like a napalm through toothpicks.
Stan Szymanski writes:
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