This Could Cause A Biblical DEBT Collapse!!

This Could Cause A Biblical DEBT Collapse!!

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China Debt Collapse:
What happens in China doesn’t necessarily stay in China – it can very easily spread to our economy, destroying our savings, pensions, equities and even bringing down our housing market.

The effects are complex and far-reaching and have certainly not been contained, as many experts are claiming

The housing market represents 62% of household net worth in China, and with the crisis about to bring home values down, the average Chinese citizen is about to have a lot less net worth and therefore less disposable income to spend on imports

China’s economy is now more integrated within the global economy than ever before. Which is good for China, but not so good for us when situations like this come along

The Evergrande crisis hit headlines two months ago, with many comparing it to the bankruptcy of Lehman Brothers, but let me explain why this comparison isn’t quite right

The bankruptcy of Evergrande could create a much more serious and systemic banking crash than the 08 crisis, affecting billions of people's lives around the Globe. The problem is not so much the bankruptcy of Evergrande itself, but the domino effect it could ha..