Expert Predict When The Imminent Economic Collapse – Will the U.S. Trade WARRR Cause A Crash in China? Currency Manipulation of Yuan?

Trump’s Trade War May Spark a Chinese Debt Crisis – Economic Collapse

If currencies were strong it would be too easy to get rich. Now the only way to get rich is to be an expert in insider gambling and perception management.

So say some of the best and brightest in the $5.1 trillion-per-day foreign-exchange market. U.S. President Donald Trump took to Twitter Friday to accuse China and the European Union of “manipulating their currencies and interest rates lower.” The comments came after the yuan on Friday plunged past 6.80 per dollar for the first time in a year and as the nation’s central bank shows little sign of intervening to stem the slide.

As the world’s two largest economies open up a new front in their increasingly acrimonious game of brinkmanship, the consequences could be dire — and ripple far beyond the U.S. and Chinese currencies. Everything from equities to oil to emerging-market assets are in danger of becoming collateral damage as Beijing and Washington threaten the current global financial order.

“The real risk is that we have broad-based unravelling of global trade and currency cooperation, and that is not going to be pretty,” said Jens Nordvig, Wall Street’s top-ranked currency strategist for five years running before founding Exante Data LLC in 2016. “Trump’s rhetoric over the last 24 hours is certainly shifting this from a trade to a currency .”

China’s shock devaluation of the yuan in 2015 provides a good template for what the contagion might look like, according to Robin Brooks, the chief economist at the Institute of International Finance and the former head currency strategist at Goldman Sachs Group Inc. Risk assets and oil prices would likely tumble as worries about growth arise, hitting currencies of commodity-exporting countries particularly hard — namely, the Russian ruble, Colombian peso and Malaysian ringgit — before taking down the rest of Asia.

“Asian central banks will initially try to stem currency weakness through intervention,” Brooks said. “But then Asian central banks will step back, and in my mind, the big underperformer on a six-month horizon could be EM Asia.”

Whether the People’s Bank of China attempts to anchor the dollar-yuan exchange rate near 6.80 to avoid further escalation is key, according to Nordvig. He says European Central Bank President Mario Draghi may elect to step into the fray at the ECB’s July 26 policy meeting, given American attempts to talk the dollar down in January were extremely unpopular in Frankfurt.

The Bloomberg Dollar Spot Index fell as much as 0.8 percent Friday, the most since March. The euro was up 0.8 percent to $1.1730 as of 2:14 p.m. New York time, while the yen was 0.9 percent stronger.

The Treasury Department declined to comment when asked whether the U.S. was entering a currency.

The greenback will likely continue to suffer as investors heed Trump and back out of long dollar wagers, according to Shahab Jalinoos, Credit Suisse Group AG’s global head of FX trading strategy. Hedge funds and other speculators are the most bullish on the currency in over a year, according to the latest data from the Commodity Futures Trading Commission.

“It has now been virtually defined as a currency by the U.S. president, given that he explicitly suggested foreign countries are manipulating exchange rates for competitive purposes,” Jalinoos said. “The barrage of commentary will likely force the market to scale back long dollar positions.”

The Next Great Recession is here. The second financial bubble is going to soon burst, and there’s nothing anyone can do about it. The Federal Reserve has set up the American economy for financial collapse for printing trillions of dollars back in 2008 and 2009.

“The Federal Reserve’s policies of printing trillions of dollars back in ’08-09 have locked into place a serious financial crisis at some point in our future,” Going so far as to intimate the financial collapse and market crash will occur at least some time in the next two years, “It’s unavoidable, and even Donald Trump can’t stop it.”
Top economists predict that within the next 18-24 months, the imminent economic collapse will happen. The Federal Reserve has set up the American economy for financial collapse and market crash for printing trillions of dollars back in 2008 and 2009.

The Fed policies of printing trillions of dollars back in ’08-09 have locked into place a serious economic crisis…

Take a look at this collection The Lost Book Of Remedies, taken word for word out of a circa 1845 manual.

What is The Lost Book of Remedies? The Lost Book of Remedies PDF contains a series of medicinal and herbal recipes to make home made remedies from medicinal plants and herbs. Chromic diseases and maladies can be overcome  by taking the remedies outlined in this book. The writer claims that his grandfather was taught herbalism and healing whilst in active service during world war two and that he has treated many soldiers with his home made cures.

GERALD CELENTE Predicted Chinese Yuan / RMB Devaluation
I’m now predicting that we are going to see a global stock market crash before the end of the year.” Celente says that it won’t just be U.S. stocks either. He believes that crashes are also coming to “the DAX, the FTSE, the CAC, Shanghai, and the Nikkei”. It other words, it is going to be a truly global financial crisis and he says that there is “going to be panic on the streets from Wall Street to Shanghai and from the UK down to Brazil”. Last year, Venezuela demanded the return of 90 tons of gold from the Bank of England.

With the People’s Bank of China (PBC) move to devalue the Renminbi (RMB) on Tuesday spooking markets globally and raising yet more concerns about the health of the Chinese economy, it’s interesting look at the country’s debt profile to Gross Domestic Product (GDP). But the trend hasn’t exactly been looking too rosy for some time.

The impending economic collapse is hidden from most. People only see a rising stock market, not the negative underlying factors that will cause a dollar collapse and a complete system crash. A dollar collapse is when the value of the U.S. dollar plummets. Anyone who holds dollar-denominated assets will sell them at any cost.

A stock market crash is a precipitous and rapid decline (that may persist for months or years) in the prices of shares traded on a stock exchange, caused by panic selling. Stock market crashes are triggered typically by loss of investor confidence after an unexpected event, and are exacerbated by fear. Stock market crash are usually preceded by a period of prolonged and high inflation, economic and/or political uncertainty, or hysteric speculative activity. They bring normal economic activity to a halt, wipe out the savings of millions of investors, and bring widespread misery in their wake, specially for the weaker and vulnerable sections of the society.

When the dollar collapse occurs, these parties will demand assets denominated in anything other than dollars. The us economic collapse means that everyone is trying to sell their dollar-denominated assets, and no one wants to buy them. This will drive the value of the dollar down to near zero. It makes hyperinflation look like a day in the park and the imminent economic collapse will happen.

Are you preparing for a stock market collapse? Are you taking precautions to insulate yourself from an economic depression?
Have you made a list of things to stockpile? Do you have precious metal assets you can liquidate to get you through hard times? Get started in the right direction and learn how to survive an economic collapse.
Every year it becomes more likely that an economic collapse will be the next disaster you face. When it happens, things might be relatively calm for the first day or two. Learn the 37 most important foods to stockpile now, while they are still available.
1) It’s a good example of what not to do in certain scenarios. It’s no secret that one of my biggest concerns is economic collapse. 2) It’s a good example of how much better life can be after a disaster when you’re prepared.

Books can be your best pre-collapse investment.