BREAKING: China’s Decision Not to Bail Out Evergrande Sparks Global Financial Panic: Iraqi Dinar RV, Evergrande, Blackstone, BlackRock, Vanguard – Worse than 2008 Financial Crisis & The Beginning of a New Financial Era with QFS
Medeea Greere, an independent publisher, is now on Telegram at https://t.me/AMGNEWS2022 and exists only on reader support as we publish Truth, Freedom and Love for public awareness. Thank You for your support!
Discover the shocking implications of China’s decision not to bail out Evergrande, sparking a global financial panic. Explore the impact on equity markets, the Iraqi Dinar RV, China’s return to the gold standard, and the involvement of financial giants like UBS, HSBC, and BlackRock. Brace yourself for an impending market crash that could rival the 2008 crisis, while contemplating of a new financial era with the Quantum Financial System (QFS).
China’s Decision Not to Bail Out Evergrande Sparks Global Financial Panic
In a shocking turn of events, China has chosen not to bail out Evergrande, sending shockwaves through the global equity markets. This unexpected decision has ignited fears of a looming financial crisis that could dwarf the 2008 crash, as $127.7 trillion in foreign dollars rush back to the safety of the U.S. Treasury. In this article, we delve into the repercussions of China’s stance, the mysterious Iraqi Dinar RV, and the resurgence of the gold standard, all of which are intertwined in this high-stakes financial drama.
The world was taken by surprise when China, with a staggering $19 trillion GDP, refused to step in and rescue Evergrande, one of its largest real estate giants. This decision has left investors, including global heavyweights like Blackstone, BlackRock, and Vanguard, on the edge of their seats as they grapple with the imminent threat of an equity market collapse.
The Domino Effect: Foreign Dollars Rush Back Home China’s move not to bail out Evergrande has set off a chain reaction that threatens to unleash a financial tsunami of epic proportions. As foreign investors scramble to safeguard their assets, an estimated $127.7 trillion in foreign dollars are set to be repatriated back to the United States Treasury. This repatriation could have far-reaching consequences for the global financial landscape.
The colossal sum of money flowing back to the U.S. Treasury is likely to affect the value of the U.S. dollar, potentially leading to significant fluctuations in international currency markets. This could, in turn, impact trade, investments, and economic stability worldwide.
The Mysterious Iraqi Dinar RV Amid the chaos triggered by China’s decision, there are whispers of another financial event that has been a subject of fascination for years: the Iraqi Dinar Revaluation (RV). While skeptics have dismissed it as a conspiracy theory, proponents believe that it could be a key player in the unfolding financial drama.
The Iraqi Dinar RV, if it indeed goes live as some claim, could have profound implications for the global economy. It is said to involve a revaluation of the Iraqi currency, potentially making it a powerhouse in the financial world. However, this remains shrouded in mystery, leaving many investors and analysts intrigued yet skeptical.
China’s Return to the Gold Standard Another development that has sent shockwaves through the financial world is China’s rumored return to the gold standard. In a time when most economies operate on fiat currencies, China’s potential shift back to a gold-backed currency raises questions about the stability and value of traditional currencies, including the U.S. dollar.
A gold-backed currency provides a tangible and historically reliable measure of value, which could attract investors seeking a safe haven amidst the turmoil. If China does indeed embrace the gold standard, it could signal a paradigm shift in the global financial system.
The Alarming Role of Financial Giants Adding to the alarm is the revelation that UBS, HSBC banks, and BlackRock are among the primary purchasers of Evergrande’s debt. The involvement of such influential financial institutions in this precarious situation is a cause for concern. The interconnectedness of these institutions with global markets means that a seemingly small issue, like Evergrande’s collapse, could have catastrophic consequences.
A Ticking Time Bomb: Averting a Financial Avalanche The situation at hand is akin to a small snowball poised precariously at the top of a mountain, threatening to trigger a massive avalanche. The precarious balance of global finance has been exposed, and it is imperative to understand the gravity of the situation. While only China and U.S. wealth management institutions hold all the cards, the repercussions are felt far and wide.
The Yen and Japan’s Dilemma As this financial saga unfolds, the eyes of the world are also on the Japanese Yen and Japan itself. Japan, with its substantial holdings of U.S. treasury bonds, faces a daunting decision. To save themselves from the potential fallout of a collapsing U.S. dollar, Japan may opt to dump its U.S. treasury holdings. This move could further exacerbate the instability in global financial markets.
The Inevitable Crash: Worse Than 2008? It is no longer a question of if, but when the market will crash. The turmoil caused by Evergrande’s collapse, coupled with the repatriation of foreign dollars and the uncertainty surrounding the Iraqi Dinar RV and China’s gold standard ambitions, paints a grim picture. Many experts believe that the impending crash could surpass the devastating impact of the 2008 financial crisis.
WARNING: The Vatican Demanded this Be Kept Under Lock and Key: “The Divine Prayer – One Minute Prayer From Biblical Times” VIDEO BELOW
A Catalyst for Change: The QFS System Interestingly, some see the market crash as a necessary precursor to usher in a new era of financial security. The Quantum Financial System (QFS) is touted as the antidote to the nefarious and fraudulent banking system that has plagued the world for centuries.
While the QFS remains a topic of debate, its proponents argue that it could provide transparency, security, and efficiency in financial transactions, eliminating the need for intermediaries and reducing the risk of manipulation and fraud.
The Unfolding Financial Drama As we stand on the precipice of a potential financial catastrophe, the world watches with bated breath. China’s refusal to rescue Evergrande has set in motion a series of events that have left the global economy teetering on the edge. The Iraqi Dinar RV, China’s return to the gold standard, and the actions of financial giants all contribute to the dramatic uncertainty that surrounds us.
The market may crash, but it could also mark the beginning of a new financial order. Whether today mirrors the infamous Black Tuesday of 1929 remains to be seen, but one thing is certain: the financial world is in for a tumultuous ride, and it’s time to brace ourselves for the unexpected. In the words of Warren Buffett, “The stock market is designed to transfer money from the Active to the Patient.” Let’s hope that patience prevails in these turbulent times.
Evergrande, known as the world’s most indebted property developer with approximately $300 billion in liabilities, failed to convince the court of a viable restructuring plan.
Despite receiving seven extensions since the initiation of court proceedings in June 2022, the company’s efforts proved unsuccessful. However, Evergrande still has the option to appeal.
Justice Linda Chan delivered the ruling on Monday morning, stating, “it is time for the court to say enough is enough.” The liquidation petition, filed by Top Shine in June 2022, an investor in Evergrande unit Fangchebao, claimed the developer had not honored an agreement to repurchase shares it had acquired in the subsidiary.
BREAKING! Valuable Information: Discover What the Government Doesn’t Want You to Know in This Video:
Evergrande had been working on a $23 billion debt revamp plan, which collapsed in September when the company announced its founder, billionaire Hui Ka Yan, was under investigation for “suspected illegal crimes.”
On Monday afternoon, provisional liquidators will be announced. Their responsibilities will include taking control of Evergrande assets, negotiating debt restructuring with creditors, and assuming management of the company.
However, the process is expected to be intricate, with limited immediate impact on the company’s operations. Offshore liquidators, appointed by creditors to oversee Evergrande’s subsidiaries in mainland China, may face extended timelines and complications.
China operates under a different jurisdiction than Hong Kong, and previous cases like those of developer Kaisa group and solar company Suntech have been marked by ambiguity, according to analyst Anne Stevenson-Yang, founder of J Capital Research. She noted, “I think the point is there isn’t really an orderly legal process.”
Redmond Wong, chief China strategist at Saxo Markets, expressed skepticism about Evergrande shareholders in Hong Kong benefiting from the winding-up process.
He highlighted the importance of the liquidator’s success in securing assistance from mainland courts in Shanghai, Shenzhen, and Xiamen under the cooperation mechanism established in 2021 to gain control of mainland assets.
Trading was suspended in China Evergrande, China Evergrande New Energy Vehicle Group, and Evergrande Property Services after the verdict. Shares had already dropped up to 20% before the Monday hearing.
The impact of the ruling on the industry and China’s struggling economy remained uncertain on Monday.
Analysts suggested that much of Evergrande’s negative influence had already been felt since its default in 2021. With China facing economic challenges, a weakened property market, and a stock market near five-year lows, the government has been actively intervening to address these issues.
SOURCE: Jack Straw. @JackStr42679640
New List of Banks That are Connected to The QFS System or are Being Connected – QFS + RTGS Trust The Plan!