Thursday, February 15, 2024

Globalists are Framing China for Pending Western Economic Crash

They always need a fall guy. The WEF and the Global Warming cult are set to bring about another economic collapse in order to create the crisis they need to justify the Great Reset but they can't do it without blaming someone with a different economic system so they seem to have chosen China to take the fall. 


Pending Crash

Fed Interest Rate Hike

Recession 2024

China Unemployment

China GDP

Yahoo

National Debt Clock

poverty numbers US from 59 to 22 

 World Bank 800 Million Out of Poverty

Direct Support

Patreon https://www.patreon.com/americaneveryman
Cash App $scotty6199
Zelle rscdesigns@tampabay.rr.com (Chase bank)

FOLLOW/CONTACT:

Twitch: https://www.twitch.tv/beautender

YouTube https://www.youtube.com/c/scottcreighton1

Substack: https://scottcreighton.substack.com/

website: https://nomadiceveryman.blogspot.com/
BitChute: https://www.bitchute.com

 

'China’s crushing debt levels, ageing population and an ongoing property crisis means it may never surpass the US to become the world’s largest economy, according to a leading investment bank.

Nathan Sheets, global chief economist at Citi and a former US Treasury official in the Obama administration, said it was no longer “inevitable” that the size of the Chinese economy would surpass the US after Beijing lost major ground over the past two years.

Mr Sheets pointed out that China had in fact shrunk in comparison to the US. China’s economy is now equivalent to 65pc of America’s GDP, down from 75pc in 2021.

The Wall Street economist said many of the factors that powered China’s rise to become a global economic superpower over the past two decades were now fading.

The benefits of urbanisation, where millions of workers moved from the countryside to the cities, is now largely “tapped”, for instance. The country also has an ageing population, with almost a third expected to be over 60 by 2040 according to the World Health Organisation.

A debt-fuelled construction boom that helped power the domestic economy has also ground to a halt. Earlier this week a Hong Kong judge ordered the liquidation of Chinese developer Evergrande, the world’s most indebted property company, in a symbolic embodiment of the unravelling.' Telegraph 

afad

9 comments:

  1. Another great one from sean here FEB16 all kinds of neat data and facts.
    He points out in here that the actual real world GFC that unfolded starting in early 2007 with HSBC bank (a brit-owned colony bank they set up nearly 3 centuries ago, modeled on their BOE 1694 founded) which bank got caught holding hundreds of billions in AAA-rated subprime housing debt (all the major western-based credit rating big names had it at AAA).
    That implosion then echoed across ol' blighty, taking out RBS, Barclays and Northern Rock guild (basically a super-credit union there) in the late summer. Then hit USA in 2008.
    So west wants to make sure this coming implosion is blamed on china.
    JAPAN is imploding so fast it's dropped now below germany into 4th place in size of economy, and germany ain't doing good too.

    US FED blended debt interest rate chart shows now at 3.15% and rising, huge rollover this year has to be done (since in deficit= issuing more debt!) of existing debt paying very near 0.0%, which they will have to then pay 4-5% on! Which will make that 3.15% number keep rising.
    US gov spending is 36% of economy!!

    Chiner trying to get away from real estate and redirect economy more internally to domestic consumption, at a time demand w/w for factory goods all nations is cratering, including china.

    A Major Economy Enters Recession Signaling No Escape For America & The World
    Sean Foo (singapore)
    feb16
    https://www.youtube.com/watch?v=bFtHtGsyKJg

    ReplyDelete
  2. Why Gaza May Be The End Of The West
    Owen Jones
    feb16
    12 minutes
    https://www.youtube.com/watch?v=QY0x5ygzIs8
    45K views 4 hours ago

    ReplyDelete
  3. no time yesterday for most reading, missed this one and look what mario's topic was feb15:

    The West Is Collapsing from Within. The Drums of War Are Beating Louder. Thucydides Trap.
    maneco64
    22K views 1 day ago
    25 minutes
    https://www.youtube.com/watch?v=Jf0-0MD6Lu0

    ReplyDelete
  4. West Sends Ukraine 3D Printers to Make Spare Parts, But Won't Solve Critical Logistics Problems
    The New Atlas
    23 minutes
    FEB16
    https://www.youtube.com/watch?v=mtyiceu2GZ0

    ReplyDelete
  5. Endless scores of these kinds of channels, just one example here, all the fire-breathing for war.
    this one is a navy/ship head-on analysis. Some good stats and graphics.
    Claims The Pooh Navy has more ships than USN, N/I subs, but fewer missiles?!
    WHO KNOWS?

    The US Navy's Wild Plan to Defeat China
    Task & Purpose
    21minutes feb16
    https://youtu.be/MlQQwm7N_mY?t=258

    and in that vein, this shows up answering "what about A/S navy drones?"
    good question.
    feb16
    15 minutes
    Why Naval Drones Have Not Yet Taken Over (And Who Wins If They Do?)
    Not What You Think
    https://www.youtube.com/watch?v=9HUPuxN9Maw

    ReplyDelete
  6. INTERVIEW: Rafah requiem
    George Galloway
    7.3K views 1 day ago FEB15
    12 MINUTES
    https://www.youtube.com/watch?v=_c-u7O5Bc8A

    ReplyDelete

  7. Scott Perry Says John Kerry Was a Climate Czar Scammer!
    Legislative Loom
    22K views 13 hours ago
    https://www.youtube.com/watch?v=CgFn5AZYr50

    ReplyDelete
  8. UK economy shrinking, everything going to hell there esp. their NHS, yet more billions to uke, 2.5B P 2024/2025. Total 12.5B P:
    sean foo
    FEB 17
    https://youtu.be/SA9aMMXY1RA?t=109

    ReplyDelete
  9. Another one of the dozens of the great righteous Mr. T. 's travesties pulled during his one-and-done term coming home to roost.

    Regardless who gets in despite Dear Leader russia there announcing he's just doing his patriotic duty, voting early and voting often, stuffing the ballot boxes for JoeKer, be advised that Mr. Pooh is advancing their cutting edge military & spy technology at a furious pace, and secret released intel photos show they have skipped the next advancement over mere passive spy balloons, which would be either a dirigible or a biplane, and gone straight to a monoplane push prop!

    https://cdn1.mecum.com/auctions/rh0819/rh0819-385232/images/img38361-1561757282604.jpg?1564792010000

    Most of the recent sanctions against China were imposed in 2018, when the administration of then president Donald Trump banned US agencies from using equipment and services from Chinese telecoms giant Huawei, fearing that the company was facilitating espionage.

    https://www.tasnimnews.com/en/news/2024/02/17/3040747/china-demands-us-lift-illegal-unilateral-sanctions

    ReplyDelete