Josh Sigurdson reports on the recent bank run out of the Bank of Zigong in Southwestern China. People were lined up down the block in the city of 1.2 million people at all 32 branches according to a social media post. Government officials took down the original post from social media but nonetheless, a contagion…

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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…

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Josh Sigurdson talks with author and economic analyst John Sneisen about the dramatic move by the People’s Bank of China towards a cashless society following a major Bitcoin crackdown by the communist country. Of course, cryptocurrencies like Bitcoin, Ethereum and Steem are decentralized, this is one of the many reasons there’s so much potential value…

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Josh Sigurdson talks with author and economic analyst John Sneisen about the recent move made by China to release a $3 billion bond backed in US dollars! This would be only the third US Dollar denominated issuance by China in the last 14 years. So the rarity of this bond is quite incredible considering the…

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Josh Sigurdson talks with author and economic analyst John Sneisen about the recent plunge in Chinese stocks. The Chinese blue-chip index suffered the worst day in 17 months after a MASSIVE plunge. Investors cited rising bond yields and regulatory burdens regarding corporate debt following a strengthening but bubbling equities market throughout the majority of the…

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Josh Sigurdson talks with author and economic analyst John Sneisen about the recent bank run in China on P2P lenders as countless people hit the streets. Chinese household debt has climbed 40% in the past year alone. To top off that problem, one of the most at risk financial sectors has reached its inevitable end.…

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Josh Sigurdson talks with author and economic analyst John Sneisen about the vindication we at WAM have received as the US treasury cuts the Bank of Dandong from using the US dollar and it’s only the beginning! As the Wall Street Journal reports, the Bank of Dandong was cut off from using the US dollar…

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Josh Sigurdson speaks with author and economic analyst John Sneisen to talk about the recent news of the Chinese ICO ban and what this really means for people invested in cryptocurrencies. While it’s the job of the state to suppress freedom and independence as much as humanly possible, the free market always has an answer…

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Josh Sigurdson talks with author and economic analyst John Sneisen on a beach as we at WAM take a 2 day breaks. We felt it necessary to still get a report done and when we found out about a bank run started by a rumor in China, it stood out! Linshang Bank in Hong Kong…

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SUPPORT INDEPENDENT MEDIA ➜ https://pressfortruth.ca/donate Patreon ➜ https://www.patreon.com/PressForTruth Follow me on DTube ➜ https://d.tube/#!/c/pressfortruth Right now there is a silent genocide going on in China where hundreds of thousands of members of the Falun Gong and other spiritual movements are being killed for their organs to be sold on the black market! These innocent practitioners…

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