In China, over 2,000 mainland-listed companies have hit limit down, and China’s most active CSI 1000 stock index futures is now down 10%, hitting limit down. China has opened actual economic WAR in retaliation!
CHINA LAUNCHES GLOBAL DIGITAL PAYMENT NETWORK BYPASSING SWIFT
The People's Bank of China just connected its digital RMB to 10 ASEAN and 6 Middle Eastern nations, covering *38% of global trade*.
This bypasses SWIFT and the US dollar entirely.
Payments now clear in 7 seconds, not 3-5 days.
Fees slashed by 98%.
Middle Eastern energy traders are in.
ASEAN’s RMB trade hit 5.8 trillion yuan. Thailand settled oil in digital RMB.
While the US debates if digital currency is a threat, China has already built a global network across 200 countries.
This isn’t just payments. It’s a Digital Silk Road. It’s de-dollarization in action. And it’s happening NOW.
GLOBAL BLOODBATH!
$6.4 TRILLION wiped from global economy in just the last 12 hours!
Hong Kong led the losses with a 13.2% drop — its worst day since 1997!
Taiwan stocks plunged 9.7%, setting a new anti-record, while Singapore’s shares fell 7.7% — its steepest decline in over 16 years!
Hal Turner Snap Analysis
You know what did this? Trump. Do you know why? They tried to kill him; but Trump won.
He destroyed globalism. It no longer exists. It is done, it is finished, it is dead. He took it out back and shot it execution style with a sawed-off shotgun and he is simply coming out casually with its blood splattered all over him to tell us about it.
WEF is gone. Davos is gone. Klaus Schwab is gone. Sustainable development goals are gone. Multinationals are gone. Tax havens are gone.
The world as we knew it is gone. Why? Because it opposed Donald Trump; it tried to have him defeated, prosecuted, arrested, imprisoned, executed.
So he killed it. And he did that using THEIR OWN SYSTEM! MONEY.
Now it is dead, its corpse is in front of us.
The market of big financial institutions and neoliberal actors all across the globe are trying to mentally process their loss and the fact that they themselves are dead : denial, bargaining, anger, depression.
we should celebrate....