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BREAKING NEWS: The First Financial Domino Just Fell; China's EVERGRANDE is now OFFICIALLY in "Default"

BREAKING NEWS: The First Financial Domino Just Fell; China's EVERGRANDE is now OFFICIALLY in "Default"

At Midnight U.S. east coast time Friday night-into-Saturday, China's second largest Real Estate developer, EVERGRANDE, officially entered "DEFAULT" status on its massive global debt.  This is the first Domino in the coming financial collapse, and it has just fallen, hard.

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# Pleas stop reading to usreadantem 2022-06-06 21:20
Hal, I'm a long time subscriber and I'm begining to notice that you publish your comments on a given story on-lineand thats ok. But, I've also noticed that when you talk about the same story on your broadcast youu are basically reading your written comments back to your listeners. I don't come to your site to be read to, a quick summary of the story is ok. But I come to you to hear whats new. No more repeats, please. Dan
# YayForrest Mosby 2022-06-06 17:59
Couldnt happen to a nicer bunch
# Gas Prices Meme389rivka@gmail.com 2022-06-06 15:21
Getting gas this morning at pump #3.
Saw the gal at pump #4 bought $10 worth.
Where the hell is she going — to pump #5 ?!?!
+1 # RE: Gas Prices Mememjc 2022-06-08 23:44
Quoting 389rivka@gmail.com:
Getting gas this morning at pump #3.
Saw the gal at pump #4 bought $10 worth.
Where the hell is she going — to pump #5 ?!?!


Hehe.....as a little boy in the 70s gas lines (what's old will soon be new again), the attendants used to ask my father to shut his engine office while filling 'since you're getting ahead of me, sir'.

Mercury Montago for him at the time.

Oh......if only they knew how technology would progress, and what little MJC could roll up to the pump for round 2 of Carternomics, 50yrs later.

Everyone there would have wept.......
# █▓▒░ “We will now see events unfold in a chaotic manner. “ ░▒▓█Palehorse 2022-06-05 21:21
|

June 04, 2022

Today Michael Oliver, the man who is well known
for his deadly accurate forecasts on stocks, bonds,
and major markets,
 told King World News that global
fiat currencies are now at the doorstep of collapse.

I’ve never seen such a confluence of events of upside
and downside potentials that are so strong that will
impact each other like icebergs crashing into one
another.


Audio podcast:
https://kingworldnews.com/michael-oliver-global-fiat-currencies-are-now-at-the-doorstep-of-collapse/
# ??dave0975644 2022-06-05 21:16
7:12pm MDT 6/5/22
1. zerohedge still has not covered this and its the
kind of stuff they would normally jump on...
2. tokyo market open for a couple of hours - no
wild action reported
3. bitcoin/tether seems normal - one of the previous
posters mentioned that the supposed reserves
behind tether might include a lot of evergrande and
other chinese bonds...
- scratching my head
-1 # confirmation but no market reactiondave0975644 2022-06-06 10:56
search duckduckgo for 'official evergrande default'
lottsa stuff from last nov-dec - a few from jun 4
some quoting hal
https://seemorerocks.is/chinas-evergrande-is-now-officially-in-default/
# RE: ??Caleb 2022-06-06 08:00
Quoting dave0975644:
7:12pm MDT 6/5/22
1. zerohedge still has not covered this and its the
kind of stuff they would normally jump on...
2. tokyo market open for a couple of hours - no
wild action reported
3. bitcoin/tether seems normal - one of the previous
posters mentioned that the supposed reserves
behind tether might include a lot of evergrande and
other chinese bonds...
- scratching my head


Agree! None of my financial touch points are reporting / reacting to this but the Kitco Live Silver did do a $0.35 spike at about 8:30 yesterday afternoon with no explanation.

Strange. Either this report is wrong or the medial is in such an enhanced state of control we haven't seen before.
-4 # NumerologyPyramid666 2022-06-05 17:48
666 just say'n

What a larf, indeed :-)
# My 2 centsLaxmark 2022-06-05 15:56
The collapse of evergrande will mean nothing to a failing dollarized system, where china will nationalize all manufacturing and can collapse the us economy with never firing a shot. The chinese debt ...is western paper debt. So they default on the western banks. Evergarde is a.far bigger problem to western investors than china. S
+1 # IS THIS A TACTICALNZ KIWI 2022-06-05 17:31
ECONOMIC NUKE TO THE US ECONOMY just looked up major shareholders of EVERGRANDE and surprise surprise VANGUARD BLACKROCK AND SCHWAB , the question is how much of the worlds SUPER/RETIREMENT FUNDS have these p...ks just lost
-1 # █▓▒░ Great Timing ░▒▓█Palehorse 2022-06-05 15:11
|

As China's EVERGRANDE has finely been drained,
of all available blood, by the worlds financial vampires, the credit bubble is now under more
scrutiny than ever.


"“If this credit bubble ever pops, it’s going to
be the most catastrophic market failure that
anyone has ever read about..."


And lets add to that a most recent statement
by JPMorgan Chase & Co. Chief Executive
Officer Jamie Dimon... "prepare for an economic “hurricane...”"


"Black Swan Investor Is Watching for
‘Greatest Credit Bubble’ to Pop"


https://finance.yahoo.com/news/black-swan-investor-watching-greatest-142544474.html
-1 # RE: █▓▒░ Great Timing ░▒▓█Palehorse 2022-06-05 15:45
|

This brings to mind a warning I read many years
ago where a global financial crash would start in
China and cascade around the world as markets
began to open the following day.

Could this be it?
# RE: █▓▒░ Great Timing ░▒▓█Forrest Mosby 2022-06-06 18:01
Quoting Palehorse:
|

This brings to mind a warning I read many years
ago where a global financial crash would start in
China and cascade around the world as markets
began to open the following day.

Could this be it?


Probably not-there is still wealth to be pillaged elsewhere
+1 # RE: █▓▒░ Great Timing ░▒▓█BeenThere 2022-06-05 16:31
Three things to keep your eyes on for Monday would be, the ten year yield, the energy sector and strength of the U.S. dollar.
+2 # OnlyJohn Jones 2022-06-05 14:10
The only country that will not be harmed by this is Russia. Nato is evil. Russia will defeat the Satanic west. They did not buy in to the rampant speculation due to the genius of Putin.
-1 # Chaos begins on June 6th!Haarnaś 2022-06-05 13:25
I would anticipate that this distant financial failure due to building of empty cities in the Chines desert to which nobody came to live, will be the final blow to the Western Financial Markets. Both Davos and even more recent Bilderberg meeting in Washinton were about the preparation for the collapse and everybody in MSM has missed it. When Jews who had financed everything in China from abacus to zits worry, you and I should worry either. Hang on to your pockets on Monday!
# █▓▒░ Looks Like Great Timing For A Heretic haarnaś Fail ░▒▓█Palehorse 2022-06-06 16:59
|

Today is the 6th and time is running out.

Starting to look like another one of your
failures. If you claim a failure from the start
then all of your predictions will be 100% correct.
A sound policy and it fits you.
+6 # a piece of informationdavenjilli 2022-06-05 13:03
There are some thinking that a big US bank will go under in the next 30 days (the too big to fail type) Walmart banks with Bank of America- if BofA goes Walmart might be on the skids with them.

Seems to me that many of these large conglomerates are all so tightly tucked together that when one starts to tumble others follow along behind.
+1 # RE: BREAKING NEWS: The First Financial Domino Just Fell; China's EVERGRANDE is now OFFICIALLY in "Default"Eddamnit 2022-06-05 12:59
Did the US government bailout GM or Lehman?
Or did the US court system screw over all those people that had invested in those companies?

Western investors just gave China a $300 billion dollar gift.
The thank you card from China is in the mail.

This is the final looting of the West before it is abandoned to dry up and blow away like dust.
As it was done many times before.
+2 # TetherLynnewilliam 2022-06-05 12:58
Now we watch Tether and Bitcoin. There are rumors that Tether is backed by Evergrande bonds. Tether claims it is back 1 for 1 with reserves, but never audited.

If Tether goes, so goes Bitcoin.
+2 # RE: BREAKING NEWS: The First Financial Domino Just Fell; China's EVERGRANDE is now OFFICIALLY in "Default"Eddamnit 2022-06-05 12:41
And what is Citibank going to do about it?
Invade?
LOL
+2 # Wish I Could?acturner067 2022-06-05 12:36
Could it be all those ghost cities China built?
Could it be China just got a lot of easy money and land?
Could it be China got more control of its people and beyond?
Could it be time to leave China for good?
Could it be the secret societies loving the numbers game?
+7 # ?dave0975644 2022-06-05 11:44
9:41 am MDT 6/5/22
can't believe zerohedge.com hasn't covered this
+2 # And still people won't listenSrmay72 2022-06-05 11:22
The last 4 days we set up selling porch swings and stuff. If you are not scared yet you better be . The zombies are awakening big time . When the guy walking around in a dress talks about money you only have a week or two the coolade hair libs are also freaking our.
I bet half the people here have thousands still in the financial system . Some hundreds of thousands in 401ks to investments all saying we are in trouble but behind the scenes they are invested still. Don't cry when you have 0 balance. What's worse is that soon money can't buy what's not there, if it happened right now how long will you survive? Remember all the family zombies will take you out for what you have
+2 # Not all families will “take you out”Jessiebeaner 2022-06-05 11:44
Some families actually have integrity.
+2 # LolThe_Big_Guy ACCOUNT TERMINATED 2022-06-05 11:56
Not when you're looking down at your starving children crying of hunger. People will do the unthinkable. Wake up
# Not everyone is a fucking animalJessiebeaner 2022-06-05 14:57
Like some of you
+4 # If your kids are starving you will do what you previouslysupporttheblue 2022-06-05 17:26
Thought impossible
+2 # Derivatives litigationzVsq@4aM9 2022-06-05 11:14
What derivatives don't do litigation will, this will be massive an not necessarily from Evergrande.
# ALL BANKS AND THE WHOLE COUNTERFEIT CREDIT SYSTEMNZ KIWI 2022-06-05 17:51
is now in play , THE VALUE OF ALL THE WORLDS REAL ESTATE IS 326 .5 TRILLION , in NZ as in AUSTRALIA CANADA and many other destinations chosen by THE CHINESE /US backed investors , we are about to feel the effect of that investment being sucked out as happened when the JAPANESE DID EXACTLY THE SAME THING
+1 # Derivatives ExposurezVsq@4aM9 2022-06-05 11:11
Given its structure I'm seeing it's highly leverage exposed to derivatives around world especially U.S markets whose toxic assets are in compensation an retirement funds, its equivalent to financial nuke in stock market wiping out entire savings of pensioners, most of those toxic assets repackaged an sold as bonds, what derivatives are designed to get around regulations an taxes, at one time derivatives in red when I last check were 12.7 quadrillion in red as combined, anyone of them just one exposure will be like Japanese bullet train in head on with American made gocart steam rolling all in its path, that said Chinese expect it read the Chinese version by two PLA generals in book called UNRESTRICTED WARFARE before press even had it, that was the day devested 100% from market..
Many will lose all in a flash sooner others later.

Excellent article hal....
+3 # "666"t.n.kuss@hotmail.com 2022-06-05 11:11
I wonder why Nikola Tesla stated "369 HELD THE KEY TO THE UNIVERSE?" 369 is "The Derivative of 666." Look at it this way "3x6 or 3+6=9+9=18 divided by 3=6 or whatever combinations." King Solomon of Olden Times "Seemed Highly Involved in 666 Receiving Gold Payments in Those Amounts." Sometimes I wonder "WAS THIS NUMBER PERVERTED BY THE CONTROLLERS WHO KNEW THE POWER OF NUMBERS KEEPING CONTROL OF THE MASSES?"
-5 # RE: "666"Eddamnit 2022-06-05 12:52
Solomon served Satan.
+1 # "I Know"t.n.kuss@hotmail.com 2022-06-05 14:36
The point I'm making is "Are Satanists Controlling What You Actually Know About the Number 666 To Preserve Their Power and Wealth Keeping the Masses Poor and Stupid." It seems "Satanists have Always Controlled Information."
+5 # Hey Rocky...iCanWalk 2022-06-05 11:06
Watch me pull these numbers
outta my ass.

https://imgflip.com/i/6inuqx
+11 # WEF – you must destroy the world before you can 6uild 6ack 6etter.White Lightning aka Raptor 2022-06-05 11:03
The bottom line? Mass starvation, chaos, lawlessness, violence, disease and depopulation.
When the petrodollar collapses and the banks freeze, riots will begin almost immediately in every major U.S. city. Total chaos will reign as the desperate, oblivious, unprepared masses murder each other while attempting to find food, water and ammunition. The collapse of the rule of law will be shockingly rapid, and no police or National Guard units will make a dent in the nationwide chaos.
The death wave will accelerate, and within just a few days after the collapse, millions will be at risk of death from lack of basic sanitation as the streets of Democrat-run cities flow with the feces of the crapping masses. With no functioning power grid, the municipal water supply will collapse as well. Entire cities like Los Angeles will be plunged into a deadly water scarcity scenario that’s combined with such violence and lawlessness on the streets that even humanitarian aid organizations will dare not venture into the fray.
None of this is an accident. It’s all planned.
This is the controlled demolition of the United States of America just like Building 7.
US foreign debt has exceeded $ 30 trillion. The Build Back Better plan is about building “a society run by a few sociopaths and the rest of us enslaved. The powers of (western) financial capitalism had a far-reaching aim, nothing less than to create a world system of financial control in private hands able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks of the world acting in concert, by secret agreements arrived at in frequent meetings and conferences.”
The situation in the world is such that things have never -- and I mean N E V E R -- been more dangerous. Our survival as a country is at stake and I fear we are going to lose it, very soon. They are trying to kill us, to reduce the population by 80%.
# Don't expect a sudden crash...Gulfcaptain 2022-06-05 12:14
For years people were expecting a sudden "crash" in the economy. What surprised everyone was the willingness of the FED and government to overlook laws, procedures, criminal banking activity and to print money to cover over the losses of the "too big to fail" people and institutions.

There will be a "crash" but it will be we the people on an individual level as the financial system continues to crumble in a slow burn. More homelessness, hunger and desperation and joblessness to come. The crash will come when the majority of the people simply stop going along with the program and say 'enough'. Truckers stop trucking. Teachers walk out. Businesses close.

The stock market is a Vegas style gambling house. It does not reflect the true economy. If someone in Vegas loses 50 million dollars, Vegas does not shut down. The activity is detached from the real world overall. So, as in other failed states, the stock market may actually go up (melt up) to reflect the rise in inflation.

So, we look to other failed economies like Venezuela, Zimbabwe, pre WWII Germany for an idea of what to expect. Those countries are still going and exist today.

The people pay the price, the government cracks down, and the game continues.
+8 # RE: WEF – you must destroy the world before you can 6uild 6ack 6etter.BeenThere 2022-06-05 12:06
Remember this - God will only allow to happen what he decides to allow to happen!

If it's the end, well for "Born Again Christians" it's a win, win situation! Ever lasting life with our Father in Heaven! No pain, no suffering no sickness, no cold, no hot, no hunger, no sadness - EVER AGAIN!
# You are rightSrmay72 2022-06-05 11:59
But I doubt they will allow this to come about in a slower motion. "IF" its not from God, HIS wrath, and it's total collapse they know they would be first killed period. If I was a cop I'd quit because "if" it comes like you say cops will be killed first. Every thug that you harassed will laugh as you die nope better quit before.
There's absolutely no way they will allow a text book crash. I see bioweapons, or electronic weapons, specially in the marked that have the pretty chip growing daily. Lately thousands are complaining of being sick not viral but headaches and such. My rooster, showed up two years ago and never left, is very sensitive to wierd electronic signals so is my dog. They tell me and sure enough soon after chest gets hard to breath migrains and almost like low blood sugar dizzy.
So I don't see a slow collapse something fast remember the millions allowed in on our borders or best yet the Muslim dogs they let in that our military trained for???? Urban warfare. I do see the vaccinated being controled by TPTB including the 97% military now marked, my son one, look around you all the marked turning on us unmarked so all those you have thought you can trust after SHTF all will hunt you down like a wounded animal. Remember satans had time to fool , if time not shortened , the elect. You won't fool the elect by tv preachers and 501C3 sell outs. Pretty easy to know right from wrong if MFATW, BEGLEY , ETC. SAY THIS THEN ITS THE OPPISITE. I SEE ALL THE SELLOUT FALLEN ANGEL HYBRIDS ALL COMING TOGETHER LATELY. SOMETHING WICKED THIS WAY COMES! PRAY EVERY SECOND YOU THINK ABOUT IT. STAY IN GODS WILL, DONT STRAY FROM Jesus he's our only hope. A few days ago in live chat was keyboard survivalist wantabes all telling everything they have and how much ammo etc. One guy out of thousands "1" said it best. If you are going to make it to the return of Jesus then if you can't have a buddy blindfold you drive you to the deepest part of the wilderness with just your knife and survive alone with just your knife that is the only way you will make it. Surviving what's coming isn't a small army compound with 30 armed men and women that's a joke one missle your dead. You and God alone , maybe your spouse MAYBE, UNDERSTAND WHEN A SWORD OR GUNS AIMED AT YOUR HEAD WILL YOUR SPOUSE AND OTHERS YOU TRUST STILL NOT DENY JESUS? MOST KNOW THE ONE SITTING BESIDE YOU IN THE END WILL TURN ON YOU TO SAVE THEIR LIVES. Jesus warned us that we must KNOW him to make it to Heaven, this very second is where you quietly turn and look at your spouse and others and ask are they where they need to be to die for Jesus? Ya most might act like they are ready but still talk like next year we will be back to normal GOD HELP US
+4 # Silent RunningWhite Lightning aka Raptor 2022-06-05 11:14
Take the children and yourself
And hide out in the cellar
By now the fighting will be close at hand
Don't believe the church and state
And everything they tell you
Believe in me, I'm with the high command
There's a gun and ammunition
Just inside the doorway
Use it only in emergency
Better you should pray to God
The Father and the Spirit
Will guide you and protect from up here
Swear allegiance to the flag
Whatever flag they offer
Never hint at what you really feel
Teach the children quietly
For some day sons and daughters
Will rise up and fight while we stood still
Can you hear me, can you hear me running?
Can you hear me running, can you hear me calling you?
# Silent Running youtubeszutavern@yahoo.com 2022-06-05 13:25
Here's this song.

What a great song for the days
# no really here it isszutavern@yahoo.com 2022-06-05 13:25
https://www.youtube.com/watch?v=tixWhkcpBZ4
# RE: no really here it isJFY 2022-06-05 20:56
.
Another one in the same vein.

https://www.youtube.com/watch?v=5A4xBp2rizQ
+6 # RE: BREAKING NEWS: The First Financial Domino Just Fell; China's EVERGRANDE is now OFFICIALLY in "Default"Notthemama 2022-06-05 11:01
As my Dad once told me, always carry enough cash to get yourself home.
The farther from home, the more cash.
Maybe I will be testing his idea this week.
+2 # RE: BREAKING NEWS: The First Financial Domino Just Fell; China's EVERGRANDE is now OFFICIALLY in "Default"Faith11 2022-06-05 13:38
I agree with your dad! You should have cash on hand. We were on vacation. The ATM'S went down well, this nice couple we met from Canada had no access to their money. We had to lend them some money and they returned the money once the ATM's were back up, The thought of being in foreign country and having no money for food, hotel or return flight in another create a very stressful situation. We still exchange Christmas cards with the Canadians couple. :)
+4 # A wise man .......NHydg 2022-06-05 12:06
That has been more or less the way preppers have traveled for several years ......today it is said ....to have a couple bars of silver or something of trade value to get you home ......like a gun you didn't want or ammo......
+3 # Will China Bailout EvergrandeFaith11 2022-06-05 10:48
Now will that banks or the government in China ballout Evergrande ? China stockpiled tons of gold they will never release the real number of gold holdings. So, they have the money. Few year back, China told it's people to start buying gold. This is right in line with China being known for making plans for 100 years out. Will China will pull a rabbit out of the hat? Interesting, that Evergande falls on the date that calculates to the numerology of 666
+9 # RE: BREAKING NEWS: The First Financial Domino Just Fell; China's EVERGRANDE is now OFFICIALLY in "Default"Lambs Servant 2022-06-05 10:28
It will be interesting to see how the markets react. Eyes open.
+17 # RE: BREAKING NEWS: The First Financial Domino Just Fell; China's EVERGRANDE is now OFFICIALLY in "Default"Shamo 2022-06-05 10:00
Well, the time is here! Hal has been warning for MONTHS to get prepared. If your assets aren’t liquid, you’re fucked. If you have no money outside of the banks, you’re fucked. If you have no protection against the “masses who are asses”, you’re fucked.

All I can say, is thank you Hal. You’ve used your platform to inform people and help steer their thinking out of fiction and into reality. You sir are a true flesh and blood patriot. America runs through this man’s veins. I’m just upset I won’t ever get to buy you a beer, shake your hand, and thank you in person for being the man you are.
+16 # Ditto To Hal…Longrider53 2022-06-05 10:08
Make a final run at your preps my peeps.. this baby is gonna crash and burn and most are going to be blindsided. Remember this, if you can’t hold it or see it in your presence, you don’t own it.

 

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