BREAKING NEWS: The First Financial Domino Just Fell; China's EVERGRANDE is now OFFICIALLY in "Default"
World Hal Turner Hits: 46387
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.
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.......
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
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
lottsa stuff from last nov-dec - a few from jun 4
some quoting hal
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.
What a larf, indeed :-)
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"
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
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.
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.
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.
If Tether goes, so goes Bitcoin.
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?
can't believe zerohedge.com hasn't covered this
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
Many will lose all in a flash sooner others later.
Excellent article hal....
outta my ass.
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%.
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.
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!
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
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?
What a great song for the days
Another one in the same vein.
The farther from home, the more cash.
Maybe I will be testing his idea this week.
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.