WORLD STOCK MARKET CRASH

Another Global Stock Market crash is forecast with China leading the world’s stock market crash by 75 per cent. Even to the ordinary mortal it has not come as a surprise because the stock market shows almost every day a minus.

The Chinese currency crash has had already a great impact on British industry since it can not compete with Chinese low priced export. But in the case of the recent British Steel closure the PM David Cameron could have closed the cheap steel import from China like Germany, Italy and France. They saved their steel industry with it.

Experts predicted a world economic deflation and recession. It would crash the American S&P stock market by 75 per cent.

Albert Edwards from French branch Societe Generale blamed the upcoming “carnage” on American centre bank (FED) and its British and European counterparts for inflated prices to begin with,

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The act of American Quantitative Easing (QE) of printing more money has increased global assets prices which now come to a disastrous fall.

Mr Edwards said: “Investors are coming to terms with what a Chinese renminbe devaluation measure for Western market.

“It means global deflation and recession.

“The commodity bubble and the resultant US shale investment boom were al consequences of the FED’s QE.

“The illusion of prosperity is shattered as the boom now turns to bust.”

My thoughts are ‘would there be a possibility of very top financiers pulling the plug again as it was eventually revealed after the so called “Credit Crunch”?

Could it be because the Chinese became too powerful and starting to overrun American power? After all America aims for world domination and constantly dragging Britain and Europe into it but just to achieve it and at the end the captain of the ship will be American.

If America really trying to crash China and bring the whole world down at the end China’s currency have been backed by the most gold reserve where as America, Britain and Europe’s currencies are backed mostly by paper.

In view of the desperate situation why is America still playing the warlords and spent billion of pounds on weapons forcing the rest of Europe into it?

If the USA have not intervened in Afghanistan, Iraq and Syria the today’s situation with IS would not have come about as our greatest threat of terrorism.

Britain introduced austerity in 2012 pretending to bring down the debts and deficit which they did not and increased it by £500billion instead.

Mr Cameron made sure he got the full backing for air strike in Syria which costs £599,999 each mission. Mr Cameron must have known of the coming financial crisis.  Why was he so determined to get involved?

Is the £28billion Welfare and Public Service cuts to finance those air strikes which does nothing else but creates more enemies for Britain?

In 2013 the MPs voted against any military intervention for which John Kerry US Secretary of State was beating the drums. In September 2014 Mr Cameron took it upon himself to go-ahead to fly RAF bombing missions under the cover of the US, despite MPs voted against it.

It was the biggest shock and surprise when the MPs voted for it because the general public were and are against it.

America with Britain and Europe in tow grew the Talibans, Al Quaeda with its more radical splinter group the IS. They delivered in 2013 missiles and Britain chemicals which can be used to produce chemical weapons. At a time when the full picture already emerged of the ruthlessness of terrorism.

America and the rest of the Western World were financially straggling t survive but keep happily getting involved in wars.

Harold Wilson was the first British Prime Minister refused to get involved in the Vietnam War and look what a life saver that was.

Why can Britain not be neutral like Switzerland? Defending its own borders and let the USA fight their wars.  Investor would come by the thousands because they feel safe.

It would be a complete different picture if Labour leader Jeremy Corbyn were in power.

Incredible news were revealed, Saudi Arabia is in a financial crisis because of the falling oil crisis. The Kingdom has a £66billlion deficit

Oil prices crashed to an 11year low but the British government never forced the energy suppliers to pass the benefit on.  Also the food prices could be lower; plus the petrol prices.

   Daily Express