World Economic Collapse Begins With Sharpest Drop In History – Dow Down 1,000 Points


The crash follows the fall of China’s benchmark Shanghai Composite index, down 38 percent from its high in June due largely to unsustainable debt-financed stock market speculation. The totalitarian government took extreme measures to put the brakes on its market fall, to no avail.”

With China holding most of the American debt, whispers of China calling in that debt has been heard amongst bankers and the big stock holders in the US.  At closing today, the dow closed 600 points down. In the first ten minutes, it plunged 1000, ending the day 600 points down.  This is all panic from the China market.

 The China decline precipitated sell-offs in Japan, Taiwan, Hong Kong, South Korea, Australia and European markets as investors abandoned China’s market.

“Time is now rapidly running out. From China to Brazil, the central banks have lost control and at the same time the global economy is grinding to a halt. It is only a matter of time before stock markets collapse under the weight of their lofty expectations and record valuations.”

Source: Info Wars

 

 

 

 



Share

34 Comments

Leave a Reply

Pin It on Pinterest