Call Me Stormy

Finding righteous currents in turbulent times

Archive for the tag “default”

09 Mar 2024

China Prepares For Civil Unrest

Chinese banks are getting swallowed up, state-owned companies are preparing for civil unrest and average citizens are fleeing China in record numbers.

Chris Chappell says the problem lies with the Chinese government’s teetering banking sector. Sourcing the Wall Street Journal, Chappell says China’s off-balance-sheet hidden debt is at a staggering $7-$11 trillion. Economists estimate that from $400 billion to more than $800 billion is at high risk of default. More from China Uncensored.

Posted in Media's Funhouse Mirror and tagged , , , , , , , , , | Leave a comment
04 Dec 2023

New Evidence Vindicates Trump

Dinesh D’Souza reports there is strong, new evidence that vindicates Donald J. Trump in his New York trial of unlawfully inflating the value of his properties.

D’Souza says the New York case is nothing more than a “show,” because the presiding judge is an extreme leftist who has already made up his mind that Trump is guilty. Meanwhile, an executive from Deutsche Bank, one of the key financial institutions who made loans to the Trump organization,  has stepped forward with evidence that not only did Trump have one of the strongest balance sheets they had ever seen, but also has never defaulted on a loan. D’Souza explains further.

Posted in Media's Funhouse Mirror and tagged , , , , , , , , | Leave a comment
19 May 2023

Default Or Hyper Inflation

Puppet in Chief Joe Biden is literally BEGGING for Republicans to “raise the debt ceiling,” which has never really existed to begin with. But one thing is certain: Either the criminal corporate government defaults on the $32 TRILLION is stated debt, or it hyper inflates our currency into oblivion. Is it the End of the Empire? Bob Kudla joins SGT Report to discuss this and more.

Posted in Economizing and tagged , , , , , , , | Leave a comment
06 Dec 2021

Evergrande Default Confirmed

Evergrande, the largest property developer in Communist China, has now officially defaulted. The company’s assets have been seized by the Communist Chinese Party (CCP) but are only worth a fraction of what investors — many of them overseas — originally gave the company.

With the default, global financial contagion is now imminent, says Mike Adams of Natural News. We might see a series of investment companies, banks, hedge funds and other firms going belly up or facing tight financial constraints.

Already, over the weekend, the rolling uncertainty walloped the cryptocurrency markets. Some of these currencies lost nearly 20 percent in one night, and some two trillion dollars vanished in the bubble. We’re likely to see other markets — stocks and bonds, for instance — also heavily whacked, with margin calls made.

 

 

Posted in Economizing and tagged , , , , , , , , , , | Leave a comment

Post Navigation