The selloff in Chinese stock markets have finally spooked Western
investors. The Dow Jones closed below 16,000 after we recorded this, but
there is more -- freight rates for shipping containers between Asia and
the West are now well below cost. That means demand for basic raw
materials -- bulk grain, iron ore, coal, etc. -- is very low, an
indicator that the global economy is slowing down.
The Financial Armageddon Economic Collapse Blog tracks trends and forecasts , futurists , visionaries , free investigative journalists , researchers , Whistelblowers , truthers and many more
the great rice of china, the problem is wall street and the dollar as reserve currency, simultaneously crashing. it is not a china problem is exclusively wall street, city of london problem. reason why the chinese, currency is volatile as it is stable. moving wall street to beaumont texas eases the pain.
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