CHINA DOWNGRADED BY MOODY’S! – Massive Debt Crisis Continues To Destabilize Country!

Josh Sigurdson and John Sneisen report on the recent downgrade of China by Moody’s bringing their credit score down to “A1” which is considered “stable”. This is a massive downgrade as China sees massive amounts of debt piling up due to constant, obsessive market and monetary manipulation with bubbles popping up everywhere.
This is all while China sees a massive potential food crisis in the making as they attempt to take over the global food market. This will likely involve a technocratic solution coming from the communist Chinese government.

This is happening in most places in the world due to the level of central planning we see on a global basis, but due to China’s massive population, it’s become more volatile and more likely to come crashing down.

As we’ve reported on before, it appears that the BRICS countries are competing against the west to take over the global monetary system which is a terrifying possibility.
As China is attempting to champion the cause of a global, centrally planned cashless society to be implemented into the SDR (Special Drawing Rights) world currency, basically enslaving people to the banking system entirely and eradicating any remaining free market agreements or privacy, this is becoming more and more dangerous!

We will continue to cover this as it develops! Stay tuned to WAM!

Video edited by Josh Sigurdson

Featuring:
Josh Sigurdson
John Thore Stub Sneisen

Graphics by Bryan Foerster and Josh Sigurdson

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2017

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17 Comments

  • Gary Schill
    Reply

    China would have been better off just stock piling all those ghost city materials until there was a need for it somewhere else. When I went to school an A+ was a great grade….haha… I doubt China cares what Moodys thinks… China plays by its own rules and a grade means nothing to a diversified country that the rest of the world depends on for cheap products… more like addicted.

  • josh henry
    Reply

    if China said they don’t agree with the court about the south China sea. what makes you think they’ll accept this

  • Hugo Jones
    Reply

    MOODYS
    S & P
    etc?????????????

    IF YOU TRUST THEM YOU MUST COME FROM 33 GENERATIONS OF INCESTUOUS PAEDOPHILIC ACTIVITY.

  • James Dohnalek
    Reply

    Moody’s is a company that is nothing but a joke. Their analysis is meaningless. China should be nothing more than triple B+. That should be the accurate rating on China.

  • Truth
    Reply

    Finally people are waking up to the China collapse that is coming. I am so sick of hearing people talk about China being the next dominate economic force and taking over the world and especially that China is a good place to invest. You want to invest in China? Go ahead and watch your money vanish. China is building a bubble that is going to make 2008 look like a tiny balloon pop.

  • Dominique Rocque
    Reply

    I’ve been following your channel for a while now, because you manage to make economic news interesting! congrats guys!

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