It's CHINA that's facing financial meltdown and the biggest stock market crash

Daily Mail ^ | 07/08/15 | Simon Tomlinson

[Enlightened1]

Nearly $3trillion wiped off Chinese stock markets in just the last few weeks

Government and investors launched campaign to prop up tumbling shares

Experts draw parallels with the credit booms that led up to the 1929 crash

Analyst: 'I've never seen this kind of slump before. Don't think anyone has'

China's tumbling stock markets plunged even further today, intensifying fears the country was tail-spinning towards the biggest financial disaster since the 1929 Wall Street crash.

Almost $3trillion (£2trn) – more than the entire economic output of Brazil – has been wiped out since markets went into reverse just a few weeks ago, posing a bigger headache for many global investors than even the Greek debt crisis.

China's government, regulators and financial institutions are now waging a concerted campaign to prop up the nation's stock markets – a move that failed spectacularly in the 1929 crash that triggered the Great Depression.

The plunge in its previously booming stock markets, which had more than doubled in the year to mid-June, is a major problem for President Xi Jinping and China's top leaders, who are already grappling with slowing growth in the world's second largest economy and another bursting bubble.

[servantboy777]

We are several years from the last market correction. When I researched all the major market corrections since 1929, they typically happen every seven years.

Also researching these trends, most market corrections occurred from late Aug. to early Nov.

Buckle up, could be a bumpy ride on it’s way this fall.

[Enlightened1]

Since the last market correct was in 2008. It’s now 7 years later....

[Do the math]

This could cause China to go to war, not a good thing.

[central_va]

War with us? That would kill “free trade” once and for all. Yeah.

[SunkenCiv]

How long will it be before China demands payments from all the U.S. Treasury Bonds?

Since the US bonds are China's largest single asset? Never.

Japan's economy cracked and crashed as a consequence of a reliance on exports to the US market -- this Chinese meltdown may be the same thing, at last. The Chinese have been a rat on a wheel for years now, having to keep the Chinese currency from rising against the dollar, which they did by buying US gov't debt. That has been financed by their trade surplus. The trade surplus will stop unless they keep buying US gov't debt. They didn't count on the Obama Recession and Obama Tax Hikes. It is still ironic that the 2013-2014 cratering of crude prices preceded this, but that's Obama for ya.

[SunkenCiv]

Alibaba stock hits lowest point since IPO
By Trisha Thadani July 7, 2015 11:24 am
http://americasmarkets.usatoday.com/2015/07/07/alibaba-stock-hits-all-time-low-since-ipo/

[servantboy777]

>>Since the last market correct was in 2008. It’s now 7 years later..<<

Yep! Also, some may not receive it, but I base this on scripture.

Research...Shmita and or Rabbi Jonathon Cahn.
https://www.youtube.com/watch?v=W8B14NSIWc8

[MaxMax]

NYSE halting all trading

[central_va]

My ticker just updated -174

[MaxMax]

It seems electronic trading is still up.

[central_va]

Still not a good day so far.

[Enlightened1]

What???? I can’t hear you!

[Do the math]

No not with us, China will probably invade one of its ‘allies’. The most likely target is Vietnam. As long as their economy is doing well they can handle the massive demographic pressure in their country. The Chinese government and their military have been planning to invade their neighbors for some time now. The Chinese government view the economy as a tool to suppress unrest. One other way to suppress unrest is to go to war. I hope I am wrong, but the Chinese military is hungry for the spoils of war. In particular the military wants the Viennese women, all of them. Current estimates are that there are about 80 MILLION men in China that can not get married due to the lack of women. Most recent civil unrest in China has been due to unmarried men causing trouble. War is coming, it is just a matter of time.

[MaxMax]

Dow is down 213.38 for the moment. Under Bush this would be called a Crash
and CNN heads would be exploding.

[central_va]

Maybe a massive sex change operation on the more effeminate Chinks might be in order.

[Do the math]

That is funny as hell, LOL.

[Ethan Clive Osgoode]

If chinese meat is made of rats and glue, imagine what all these other chinese companies, businesses and “investments” are really made of.

[Solson]

China’s potential collapse does not mean companies will move manufacturing back to the US. There are many, many, many countries more favorable to manufacturing and at a much lower cost than the US.

[central_va]

I recently saw someone post a graph of the cast of manufacturing by country. It showed China was only 4 cents per dollar cheaper than the USA.

[Enlightened1]

BTTT