Gregory Mannarino-Extreme Debt Will Cause a Global Meltdown and China’s Currency Devaluation
https://www.youtube.com/watch?v=M-eC7kFUrPc
China’s currency devaluation and recent problems are a huge flashing warning sign says financial writer and trader Gregory Mannarino. He contends, “China is in big trouble, and they are broadcasting to the world that they are in big trouble. They have taken over their stock market. They are not allowing certain trades to take place. They are not allowing shareholders to have more than a 5% stake in a company to sell it, and they are forcing brokerages to buy stock. That’s incredible. So, they are broadcasting that they are in a lot of trouble. This is a global problem, and it’s not just limited to Greece or Puerto Rico. This is a global problem and it is going to be a global meltdown, the likes of which people cannot even fathom.”
Read More: http://usawatchdog.com/debt-problem-will-swallow-the-earth-gregory-mannarino/
I sold about $50,000 worth in vacations today.
What does that tell you about the economy?