Trump: Chinese Economic Crisis Could Lead to a Depression

“This could get very messy”


Paul Joseph Watson | Prison Planet

Donald Trump warns that China’s handling of the current financial crisis could lead to an economic depression.

Appearing on Fox News with Bill O’Reilly, the Republican presidential frontrunner explained why the Chinese were deliberately devaluing the yuan.

“They’re cheapening their currency and making it very inexpensive. They’ll be able to make goods for far less than our goods. We make great product but it’s impossible to compete when the product is so much more expensive. But what they’re doing, Bill, leads to depression eventually,” said Trump.

“Markets are crashing – all caused by poor planning and allowing China and Asia to dictate the agenda. This could get very messy!” Trump tweeted yesterday.

Beijing moved to further devalue the yuan earlier today with the Bank of China making its fifth interest rate cut in nine months.

“The benchmark rate for a one-year loan will be cut by 0.25 percentage point to 4.6 per cent and the one-year rate for deposits will fall by a similar margin to 1.75 per cent,” reports the South China Morning Post.

Asian markets crashed again on Tuesday, with the key Shanghai Composite Index plummeting another 7.63% and Tokyo’s Nikkei index closing 4% down.

Meanwhile, the Communist Chinese government has been busy attempting to censor news of the financial collapse.

“Baidu, the country’s biggest search engine, is censoring results related to the chaos, according to George Chen, managing editor of the international edition of the South China Morning Post,” reports the Independent. “When searching for the Chinese characters that translate to stock disaster, the results say that “Due to related rules & policy, some search results won’t be shown”.

Major Chinese news outlets are also burying stories about the financial meltdown further down their web pages despite the issue being a top story all over the world.

As Peter Schiff and others have pointed out, while the Chinese meltdown is partly responsible for current jitters, the “correction” in the US stock market has more to do with a seven year program of Federal Reserve quantitative easing coming to an end.

"Pursuing Truth, Defending Liberty"

Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , , , , , , ,
Posted in america, current events, freedom, government, life, new world order, news, politics, random, real news, survival, truth
6 comments on “Trump: Chinese Economic Crisis Could Lead to a Depression
  1. There is now officially a feud between Andrew Anglin and Paul Joseph Watson, which is very funny in it own way:

    http://www.dailystormer.com/bull-prepping-judas-paul-joseph-watson-declares-war-on-truth/

    Watson banned Anglin from his site for asking why Alex Jones has scrubbed the Internet of Jones’ disastrous interview with David Duke, which Anglin calls the Jonestown massacre.

    Liked by 1 person

    • Interesting! Have been traveling for work and missed that interview. I want to check it out, but you’re right…I don’t see it posted on any Alex Jones site. A couple other sites do have the full interview.

      Did you see it and if so…comments?

      Like

  2. […] posted on Mountain Republic: “This could get very messy” Paul Joseph Watson | Prison Planet Donald Trump warns that […]

    Like

  3. […] posted on Mountain Republic: “This could get very messy” Paul Joseph Watson | Prison Planet Donald Trump warns that […]

    Like

  4. […] posted on Mountain Republic: “This could get very messy” Paul Joseph Watson | Prison Planet Donald Trump warns that […]

    Like

Comments are closed.

Merry Christmas from Mountain Republic!
Just look at us. Everything is backwards, everything is upside down. Doctors destroy health, lawyers destroy justice, psychiatrists destroy minds, scientists destroy truth, major media destroys information, religions destroy spirituality and governments destroy freedom.

Michael Ellner

The control of information is something the elite always does, particularly in a despotic form of government. Information, knowledge, is power. If you can control information, you can control people.

Tom Clancy

If the freedom of speech is taken away, then dumb and silent we may be led, like sheep to the slaughter.

George Washington

 POLICE STATE USA
I'm Gonna Kick Your Ass!
You learn that you either are going to have a police state where you don't have any freedom left, or you're going to build a world that doesn't create terrorists, and that means a whole different way of getting along.

John Shelby Spong

Stand Up to the TSA

Enter your email address to follow Mountain Republic and be notified of new posts by email.

Member of The Internet Defense League

MR’s Latest Tweets


If you want to offend somebody, just tell him the truth.

Friedrich Nietzsche




      

       Thousands of Deadly Islamic Terror Attacks Since 9/11


Dr. Judy Wood - Evidence of Breakthrough Energy on 9/11

9/11 Firefighter Blows WTC 7 Cover-Up Wide Open

Evidence That Won't Go Away! - September 11, 2001

JFK to 911: Everything Is A Rich Man's Trick

What Happened at Sandy Hook?

Visit SandyHookJustice.com

Visit Mountain Re-Home
A project of Mountain Republic