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Chinese Stocks Suffer Second Biggest Crash In History, 1,500 Companies Halted Limit Down
This was not supposed to happen.
After pledging, investing and otherwise guaranteeing the Chinese stock market to the tune of 10% of GDP, and intervening on at least 40 different occasions in the past month ever since China's stock bubble burst in late June, with the subsequent crash nearly taking the Shanghai Composite red for the year, overnight China officially lost control for the second time, when after a weak start to the Monday trading session, things turned very ugly in the last hour, when the Shanghai Composite plunged by 8.48%, closing nearly at the lows, and tumbling some 345 points for its biggest one-day drop since February 2007 and its second biggest crash in history!
The selling was steady throughout the day, but spiked in the last hour on concerns China would rein in its market-supporting programs following IMF demands to normalize its relentless market intervention. According to Bloomberg's Richard Breslow: "fear that the extraordinary support measures employed to hold up the market may be scaled back caused heavy afternoon selling resulting in a down 8.5% day." Of course, one can come up with any number of theories to explain the plunge: for example the PBOC did not buy enough to offset the relentless selling.
The last thing the communist party and the PBOC wanted was another massive sell off after having not only fired the "bazooka" but come up with a different bazooka to halt "malicious sellers" virtually every day, including threats of arrest.
Nobody was spared in the selloff and of the 1,114 stocks in the Shanghai Composite, 13 closed higher on Monday.
Here, courtesy of the WSJ, are some of the more amazing numbers of today's selloff:
- The Shanghai Composite Index ended down 8.5% at 3725.56, its second-straight day of losses and worst daily percentage fall since February 27, 2007. The smaller Shenzhen Composite fell 7% to 2160.09 and the ChiNext, composed of small-cap stocks and sometimes known as China’s Nasdaq, closed 7.4% lower at 2683.45.
- More than two-thirds of the stocks in the Shanghai Composite, or about 765 companies, hit their down limit on Monday. Those limits prevented hundreds of stocks from logging sharper declines, though they can also make it harder for investors to exit positions.
- Since the Shanghai Composite peaked in June, it has lost 28% of its
value. Massive intervention by authorities in Beijing engineered a
rebound for the country’s stock markets earlier this month, but Monday’s
selloff eroded much of that recovery. - Although hundreds of stocks have resumed trading since the market bottomed earlier this month, 126 stocks on the Shanghai Composite are still halted.
- International investors have been ditching Chinese stocks for the past few weeks, spooked by widespread share suspensions that locked up capital. Investors sold stocks during 13 of the past 16 trading sessions via the Shanghai-Hong Kong Stock Connect, a trading link connecting the two cities that launched in November. Cumulative outflows now total 39.9 billion yuan, or U.S. $6.43 billion.
According to Reuters, there was little to explain the scale of the sell-off. Some analysts said fears that China may hold off from further loosening of monetary policy had contributed to souring investor sentiment.
Sure enough, narratives to "explain" the selling which beget more selling, were promptly offered, as can be seen in this Bloomberg summary of aftter the fact research reports;
NORTHEAST SECURITIES
- “The decline, extending losses on Friday, is a technical correction after hundreds of companies rebounded 50% with dozens of stocks even doubling after the sell-off,” analyst Shen Zhengyang says by phone
- “The rebound from the earlier sell-off has pretty much come to an end and the market needs to take a breather”
- Possible expansion of yuan band may put the currency under depreciation pressure, while pick-up in home prices in 1st- tier cities may mean weaker-than-expected monetary easing policies going forward
- Mkt might enter range-bound consolidation after technical correction, but upside will be limited as investor confidence was shattered in earlier sell-off
CHINA SOUTHERN FUND
- Mkt slumps due to “fragile” investment sentiment, investors locking in profit from previous rebound: chief strategist Yang Delong says in phone interview
- A shares extend decline as investors started to take profit from last Friday after recent mkt rebound
- Investors lose faith in a longer-term rebound
- Expects China to roll out more measures to boost A shrs if SHCOMP drops below 3,800
- Govt backed funds, with big enough war chest, may buy stocks after mkt slump today
SHENWAN HONGYUAN GROUP
- Pullback today mainly due to profit-taking, while news on possible govt exit of mkt rescue also has impact on mkt: analyst Qian Qimin
- Weakness in heavyweight stks may lead to “double dip” in mkt, sees “policy bottom” at 3,500 points as index below that level may trigger panic again
- Fundamentals underpinning bull mkt may have disappeared given low probability in further monetary easing, potential investment shifting to property mkt, more cautious mkt sentiment
SINOLINK SECURITIES
- A share slump today is an “aftershock” as mkt sentiment needs longer time to recover from previous mkt correction: analyst Huang Cendong
We agree with one thing: having gone all in, the Chinese government can't stop now, and after pledging half a trillion for its Plunge Protection Team (recall China skipped all the QE pleasantries and proceeded straight to buying stocks, launching a quasi-nationalization of the market and making the China Securities Finance Corp a Top 10 shareholder of numerous stocks), it will be forced to do even more, in the process crushing confidence that much more, since investors both offshore and domestic, realize that the fair value of stocks is far lower than current price ex. government intervention.
"Investors are not confident that the bull market will return any time soon," Jimmy Zuo, a trader at Guosen Securities, told Bloomberg.
"People want to pocket profits after the benchmark index rose past the 4,000 mark."
And who can blame them? The only question we have is when will people in other "developed" markets wake up to their own just as manipulated markets, and decide they too have had enough with the rigged casino.
Actually, there is another question: the last time Chinese stocks had a near-record crash, the PBOC somehow "discovered" 600 tons of gold hiding under the couch to prop up confidence. We wonder how much it will "discover" this time.
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“I cannot imagine any condition which would cause a ship to founder. I cannot conceive of any vital disaster happening to this vessel. Modern shipbuilding has gone beyond that.”
– Edward Smith, Captain, RMS Titanic
Don't worry though, the Chinese are smart and honest people who don't manipulate things and treat their own citizens like human beings. Furthermore, they buy gold and will soon introduce a new gold standard and send gold to >$5000 per TRoZ.....
HAHAHAHAHA! Dream on suckers!
Lee-man moment.
still, dutsche bank says gold to $750
apparently safe havens arent ever required , we just let asteroids of sewerage rain on our exposed heads
They just don't know how to manipulate a "free market" economy......."no one coulda seen this coming"
SUM TING WONG!
Just had to say it....
BTW.. Anybody else notice S&P futures just broke below Friday low??
Didn't think so..
This is going to be very bad for world trade.
If China's current account contracts, does that mean China will stop exporting deflation?
Could this actually be inflationary in the OECD?
Could be but only because of the massive, epic, biblical crushing deflationary implosion already starting in the OECD on its own.
The Chinese leaders aren't wringing their hands in angst over this. This was the plan all along and they know how it will affect the West. They have always been willing for their people to suffer some pain to further their goals.
The ripple effects will be enormous.
http://www.planbeconomics.com/2015/07/ray-dalio-says-to-get-out-of-china...
Maybe we should have actually fixed something in 2008.....just sayin.
"When you make peaceful fixin' impossible, you make violent fixin' inevitable." I think it was JFK who said something like that.
Throw in a little nihlism and angst from my generation. The Black Hole Sun is going to consume all economies worldwide.
www.youtube.com/watch?v=3mbBbFH9fAg
I thought the Chinese put guns to everyone's heads to keep them from selling?
I guess today they're going to start pulling the triggers...
hft computers with sharp sticks in the...usb ports.
Wicked bad serious deflation ... followed by wicked bad serious inflation.
Classic.
Chinese art markets can stop this crash. It looks just like western art, but cheaper.
A woman was killed after falling into an escalator in a shopping centre in central China, local media report.
Surveillance footage from Sunday's incident shows a metal panel at the top of the escalator giving way, causing the woman and her toddler to stumble.
http://www.msn.com/en-us/news/world/china-woman-swallowed-by-escalator/a...
Reminds me of when my friend was travelin gthru China; he fell into one of their man holes when the metal cover gave way and broke several ribs and got a concussion.
All I can say is hahahahahahahaha
... keep calm and take a deep breath ... it's just a correction to Jan 2015 levels ...
Transitory, but so is planet earth..
Turn those machines off! Or was it - back on!
China is the U.S. 100 years ago.
The Triangle Shirt Factory fire was in 1911.
In another 100 years, China will be America, and America will have stagnated like Japan or any of the postwar European nations. We will also hopefully have become more socialist (read: humanist) like those nations.
Socialism works just fine. It just requires a lot of capital to get it started , it only fails when that capital has been depleted.
So China will have military bases all over here then?
Not in Merikistan specifically, just lined up against the boarders of Mexico and Canada.
No they won't. 100 years ago the USA already had a working court sytem, laws, checks and balances, etc... and the people for the most part bought into the system and believed in it. That is long gone. That USA you reference is fast fading to a dream like status never to be seen again.
Whatever China becomes in 100 years is going to be something different than what you imagine. 100 years from now could be a post nuke world for all anyone knows with all of China and many other parts of the world unable to support life as we know it. Or it could come together in a total world communist governement. Don't pretend to be able to predict 100 years ahead from today - its ridiculous.
Here is my equally valid prediction. 100 years from now technology will have solved all of mankinds ills with the success of fusion leading to terra forming of Mars and colonies there as well as our moon will provide all the materials and space/land anyone will ever need and humanity will coexist in peace forever after. And then we genetically engineered unicorns so that the picture would be complete. And if ya believe that I got a few bridges to sell you.
if you are in the first world you have won the game, if you have it made in the first world you are one of the luckyist humans in all of history. count your blessings my friends.
Now I know who made the faulty metals for gas tanks & front end parts.
More bad news for Fiat Chrysler: After today’s announcement that the company must pay up to $105 million in fines for improperly handling 23 separate recalls, the automaker has announced that it is prepared to buy back some of the 578,000 Dodge and Ram pickup trucks and Dodge and Chrysler SUVs that it failed to fix during multiple recalls. Update: FCA responds with clarified numbers.
NHTSA has recorded one death and 32 crashes stemming from the steering issues involved in the three recalls. FCA admits that it violated the law in the three recall campaigns by failing to fix vehicles in a timely fashion—NHTSA reports that some owners have waited as long as two years for the recall repair.
The vehicles eligible for buyback are as follows:
I don't think there's any "fix" for the real underlying problem, which is a culture of greed.
The banksters will always find ways to "innovate" around the regulations. Capital *will* get its returns.
The trouble is , an hour after I dump some Chinese stocks -- I want to dump some more....
If I was the Chinese here is what I would do. Handle any foreign orders by hand, any order seeking to dump chinese securities I would execute it at far below their asking price, maybe pennies on the dollar, then immediately turn around and sell it back to myself at the normal price it was selling for on the market and only show that trade. Voila market looks healthy and the fucking zion hedge fund trying to trigger a panic and short my markets is left without any fucking kidneys. Nothing wrong with this, the zio crooks write the rules to benefit themselves in western markets and exchanges. I am sure I can bury the regulations for my actions in a back dated hard copy book of regulations and procedures on the Chinese exchanges in the basement of one of those unoccupied buildings in the ghost cities of china. Voila. Ziocrooks can then come to China if they need to proceed with any lawsuits, but be forewarned, chopsticks may end up in most odd and unfortunate places in the human body.
Ha! logged in just to upvote that
Even their equity market is made of chintzy plastic. Just took a web tour of ABC, NBC, CBS news sites, you would think this would be breaking news, but not so, not even a mention on front pages. Bobbi Brown and Obama's African trip are more pressing matters to the people... alphabet media is an absolute disgrace.
QQQ ($111) Put Option Strike Price $48 Expiry Jan 15, 2016 is selling for $0.02. It is the play of the century. If QQQ goes to 75% ($37.20) of strike price before that date you will net approximatley $400,000 for every $1000 invested.
The market *always* goes where people cannot believe it will - always. In 2008 nobody expected that Bank of America would drop from $20 to $4, the Financial index would drop from 500 to 81, and that QQQ would drop from $54 to $26..
And right now nobody will believe that the market is about to collapse again.
Sure, but if you are going to buy 500 contracts, watch out for your commissions.
Also, given the open interest at those levels, I'd say there are at least a few people that are betting on (or insuring against) exactly the collapse you mention.
Sure, but are you sure your counterparty does still exist then?
I gave your post an upvote simply becasue it gave food for thought.
pushing the multiculturism adgenda by the media is their number one program.
Hey, you stole my avatar....Hitlery is mad
Deflation where? prices continue to rise especially at the grocery store, fees of all kinds are rising, housing is up across the board where is this deflation you speak of?
Exactly.
Deflation won't happen until companies are finally allowed to FAIL & Go out of business with the resulting liquidation of any remaining assets.
Liquidation of assets is fundamentally what leads to deflation - and there has been no real liquidation of companies/assets for that last 20+ years.
This plays into my belief that gold/silver/etc. will likely fall in the short-term if SHTF due to margin calls, scramble to stay solvent, etc. and once that inital shock wears off and the true shit-storm is seen by the masses, then gold/silver/etc/ will take off in the final scramble to replace hyperinflated fiat.
.
It's in various sectors like retail, O&G, etc. But otherwise I agree and the bad thing is while some sectors are getting creamed, other sectors of essential items -- health insurance, food, etc--are skyrocketing. How all these fired folks in oil and retail are going to pay their mortgages, etc is a mystery.
No worries though; it's all part of Barry's rekovery.
The Chinese apparently don't believe government manipulation can sustain a market.
The only thing that surprises me is that anyone would be surprised. Let's see, you have 50 million day traders who are all taught to SELL at a particular fibonacci retracement level!! What do you think will happen!! Everyone was happy when these marginal buyers were pumping the valuations of ALL portfolios higher.
"If China's current account contracts, does that mean China will stop exporting deflation?"
I like the way Occidental thinks. That elastic band has a lot of tension in it.
As for this second crash, I'm trying not to feel a bit of schadenfreude, but it's not possible. :) I did say that they should have left the market alone so the politburo deserve everything they get. The sad bit might be seeing all time highs again at the end of the year, in line with all the other batshit crazy manipulated markets.
Its those evil, unpatriotic, disrespectful Chinese short sellers again!!!
What happened to all the benevolent Chi-Com government "minders" that follow people around, don't they hang out at the stawk markets?
Government bouncers at the door of the Shanghai mawkit in 3-2-1 ;-)
well, the Chinese govt said theyd arrest people shorting, but the chinese people know their govt doesnt incarcerate people with the same proclivity as the american govt ;)
True enough. I see where the DOJ has launched an investigation of those evil people who outed Planned Parenthood ; -)
" It's contained...."
Department of Jack Asses...
Heavy on the Asses.
Ho Lee Fuk
Great Chinese restaurant in HK called Ho Lee Fook !! I was there the other night....no sign of recession....yet....
Yu Stin Ki Pu
Wee Tu Lo !
had to say it
We Ho Lee Fookd some folks...
couldn't resist.
Thanks for the laugh! ... Now, what was that co-pilot's name? This may be the only laugh I get today....
Ding Bang Ow
Rimit Down!!!
If a tree falls in a forest and no one is around to hear it, does it make a sound?
if a Deutche Bank Derivative explodes and no one is covering it, did it happen?
George Berkeley
If you believe Deutche Bank then the safe haven is shorting gold futures on the Comex.
There never seemed to be any such drama when the Chinese stocks were on the rise, when people were just blissfully buying. Why the drama now? The indexes are still up pretty good for year! What bothers me is the uncontrolled buying and then the halt of trading when selling takes place. This is not a free market.
...virtually the entire delta in Chinese FX reserves come via China's US Treasury holdings. As in they are being aggressively sold, to the tune of $107 billion in Treasury sales so far in 2015.
http://www.zerohedge.com/news/2015-07-21/chinas-record-dumping-us-treasu...
Must support the stock market....
I always tell Jacob, your equities are the beads of sweat that you wash from your work clothes every night.
The English live in a complete fantasy world.
Not all Chinese pensions are tied up in their stock market. As a relative percentage, very few Chinese are affected by their stock market crashing. Americans, on the other hand, live or die by their B.S. stock market.
Also, this may be just one more battle in the long, on going, underground economic war we are having with China. I wonder how many of those "Chinese short sellers" originate out of the Fed or other U.S. financial centers?
The whole premise of "The stock market must only go up...comrades, fellow citizens!" is childish on the face of it. The more you intervene unnaturally to make it go up, the greater and more traumatic will be the crash.
They really need to look to the West and see how to better manipulate and control their "free markets".
Ree-man moment. Fixed it for ya.
Don't worry they will just print their way out of this.
These idiots actually beleive the chinese and russioans will bring back a gold backed curency is hilarios , bunch of muppets.
Bitcoin , BTChezzzz......
Chinese manipulate and work hard.
America manipulates only.
Yea,,, the football mental's are always here with their man love T-Shirts on, little flags on their cars,,, and screaming USA Usa usa....
My corrupt teams better than your corrupt team,,, My teams better than yours,,, My teams..... singing on while they get searched by government TSA shits going to their fav game.
Here's a wake up call, Kenyesian dipshit..........the Chinese don't want, not ever wanted, nor will ever have "a free market economy"!!!
There goal has been and will always be, destroy the U.S. dollar as the sole global reserve currency on the planet! They are achieving that, the stock market charade for them, like here, is to keep the rabble from revolting and distract them from politics and matters of national security! But make no mistake, if they have to kill 10 million motherfuckers who get out of line, they'll do it without blinking an eye, all the while getting stronger!
Unlike the delusional idiots masses of the West, the Chinese know this end game will be bloody and tyrannical, they are ok with that, they have done that already and come out on the other side, bigger and stronger then ever!! The West on the other hand, believes in fairy tales and unicorn pots of printed money, utopian liberal paradises where the gays and minorities of the society dance hand in hand with the oligarchy into Kenyesian dreams and prosperity!
Who the fuck do you think will come out on top, in this coming battle????
Not you "SUCKER"
Another item I think is overlooked is the male/female population ratio in China. Its 108 for the total population. When looking at the population that was born since the one child policy was introduceds that number increases to a higher number. Expect a lot of these 'excess' males to wind up in the military. And for those of us in the US we all know you cant let a big military stay idle - you got to use it! So get ready for more turmoil going forward. South China Sea is just the prelude.
To the masses: you cannot sell your stock.
Communist Insiders still allowed to make sell orders..
Once the insider have sold... Okay now let the massesell again.
Blame themasses for crashing the market.
How do you say "plunge protection team" in Chinese? Whatever, at 9:30 a.m., we will find out if the phrase "fist, meet face," also applies to Western markets.
BRACK MONDAY!!!
All together now......YES WE CAN!!!
You all voted for this system.....twice....so suck it up.
Black swan ... and not origami. Biggest one day loss in 8 years .. seems rather to be a cleanup of values. or?
Dead cat/falling knife resumes fall.
oopds ... to quick
The real question - Does any of this matter ? I heard a recent interview with Dmitry Orlov where he compared the Chinese stock market to a big casino. And, unlike the US economy - which is nothing but fraud and little else now, - their stock market has no linkage to their real economy.
I haven't done enough in-depth research yet to form an educated opinion on the topic. But we do seem to obsess over stock markets in the US.
"- their stock market has no linkage to their real economy."
Ours does?
– Edward Smith, Captain, RMS Olympic
There, fixed it for you..
https://www.youtube.com/watch?v=gRvMPc1KuJQ&list=FLCcrBnE1FBzvpBxY__Pexk...
Hah. We have fooled them and have the round eye exactly where we want them.
Buy Mortimer, BUY.
What's that? Down 8 and a half percent.
Sell Mortimer, SELL for God's sake.
Chinese politicians play chess, while we play checkers. Their control is complete and utter, and the leaders all have engineering degrees where ours have law degrees. This is all going according to their plan. But...
But what devilish plan could they have possibly furthered by buying high and selling low? It must be brilliant. It gives me the goose bumps!
Yes, they are so brilliant they have to halt half the market and ban selling. This is not control, it's desperation.
It is simply what communists do.
They plan and when the communist plan goes to shit they shoot people.
Risk off.
Well,,, you have to consider the Chinese aren't bobble yes heads like americano's. With americans you just tell them to "hold the course", give them some drugs and they happily obey. The unfluoridated Chinese say Fuk u and try to exit. Sooo,,, unlike America the Chinese have to get tough.
Of course neither method will work but in america's case all they need to do is increase the drugs.
So they print 10 times more than the FED, they must be so much smarter than us.
$1 dollar make you holler
fuckin amazing recovery
It's about 4 am here in beautiful Los Angeles, I got up to piss and check the Shanghai composit to see what was happening and instantaneous had a bonner.
As much as I would like this shit show to be over I know that a lot of people will get hurt and that make me sad.
Indeed. A lot of chinese people just got creamed. Ah well, join the club I guess.
The next thing to plunge will be their RE since so many lost so much in the stawk market. It will ripple to oz Land first then cross the pacific to our shores I'm afraid. Look out over the West coast and what do you see/ Fuke radiation and plunging stawk markets and house prices and lots of broke people.
Hard to piss with a big old bonner... you dont know if you are coming or going!
Who wouldn't want to get out of that market. Fear is a natural emotion...
Still up on the year though. We all know that China will eventually begin to just buy the stocks indirectly just like the U.S. And Japan. Everyone stop hyperventilating, there is lots of fakeocity left in the global system.
yep--they will sell those US bonds--a trillion or so and take those dollars the FED printed to buy stocks which will instantly lose a trillion in price rendering the trillion printed dollars to ------wait for it------"0" ------oh well easy come easy go--
Sum Ting Rerry Rerry Wong
This was not supposed to happen.
Now there's a line you had better get used to in the coming months and years.
They got the grand puba of the CFR on bloomberg this morning. They asked him if we should expect the chinese market to worsen, and if it could start a contagen. He said " I am not smart enough to know that but it will be contained"
Wei tu Lo
(insane laughter)
(practice for our bloated bubbles bursting)
More paper commodities and USTs to be liquidated to rotate into equities support.
Can I be serious for a moment? If the PBOC threw the kitchen sink at this a couple weeks ago to the tune of billions,
can someone tell me what the fall in worth is for an 8.5% plunge? That is one hell of a lot of Ramen me thinks.
"following IMF demands to normalize its relentless market intervention"
Funny how the twats at the IMF haven't demanded the same of the cunts at the Fed in recent times...
Still a ways to gooo
Immature market, immature investors, high leverage everywhere, external interventions... foreign investors are spooked, and local ones are going to go bust if it keeps going like this...
They call it a "correction"... from stars to stables, I say...
Theres going to be hell to pay.
https://youtu.be/tbhxduo_jQ8
"126 stocks on the Shanghai Composite are still halted".
~ Simple, just execute anyone caught selling shares!
You can check in, but you can never check out.
WELCOME TO THE HOTEL CALIFORNIA! You can check in, but you can never check out.
There will be tank mans in the street if you don't give us the money
1.5% down average in EU.. S&P futures down... if US numbers disappoint, it might become a bit hairy...
One single comment for the actions of the Chinese so called Government .... LMAO !!!
China go broke.
Long Chinese suicide nets.....
wow-stock market with the aids virus. guess i'll keep my dick in limp mode...
Expanding the Yuan band? How about de-peg?
world wide slow down with overcapacity. pretty simple. and what does the markets represent?
growth, baby growth, not be happening. let them try to paper that together. seem like all those reserves of yuan manipulation are going to a black hole. good for them-easy come, easy gone.
how smart are they looking now?
the moar they try to control the less control they have, but plez don't tell a sociopathic governemt they are wrong, just go along(for fear of death) and say over and over:ALL GOOD(jump up and down and chant-china da greatest)... what a joke this world has become
extremly apathetic...
What makes me laugh is the folks that think the BRICS are a competition to the dollar... the Chinese outprint the US FED many times over. All the shananigans that ZH posters blame the FED for the Chinese are guilty of ten fold.
If your "analysis" were any more superficial, it would float away in a light breeze.
The BRICS have tremendous natural resources, production capacity, and demand. They are exiting the Dollar dominated system, which will ultimately benefit them tremendously.
You are correct about China's printing, and the country has many big problems and challenges. But that does not in any way undercut the wisdom of moving away from U.S. dollar control.
They also have a printing press running 24/7 on the yuan.
...but yah lets have collective labotomy and ignore the same criticism we have of the fed, and pick the biggest manipulators of numbers and facts and intereference.
"Look at me Mom, I am rooting for China"
Do you shop Wal Mart?
My corrupt Central Banks better than yours!
Naaa Na Na Na Naaa.
If you ban big players from selling, then you also stop them considering a big purchase as the price drops.
This will help Chinese retail investor psychology no end. <sarc>
Well you would think that making it illegal for most entities to sell stocks would have prevented this. :D
Hang Seng is down, too.
Lower than Hung Lo?
Damn Chinese Jews.
LOL!!
Anyone who would trust a Chinese Central Bank or a Russian one, deserves this. There is always those South American Banks for your life holdings.
"Damn Chinese Jews."
There actually is such a thing:
https://en.wikipedia.org/wiki/Kaifeng_Jews
Can someone help me with some math?
What does 1987 plus 2007 equal?
3994.
Now subtract 2015 and you will have the year the Happy Meal was introduced
Howe shet!!!! I like happie meil verwy mush!
it's OVER NINE THOUSAND!!!!
1929
you could convert your treasury holdings to yuan and import the inflation or burn it propping up your stock market. The PBOC made the right choice. They are not catching the knife, just destroying inflationary cash.
Ah well hope Putin sleeps well tonight.
Get ready for another software upgrade glitch........
Yu Stin Ki Pu
Should I expect an army of chineese moving to my european neighborhood from the cashins ?
communism wins again.
LMFAO!!!
btw, how's venezuela communism doing? I hear the lineups for toilet paper are only half a day now - LMFAO
stupid communist fucks.
You won't be laughing for long, the Chinese and the Russians are coming for America! The Russians are already here... http://revelation12.ca/?p=11
"Thus saith the Lord, the only God: My Word has been spoken and it has been here for many generations to see; it has been here for many generations to hear by the preaching of the Gospel of Jesus Christ. It has been sent mightily through this nation and out to many other nations of the earth, but it has been rejected. As Israel of old turned their backs on Me and judgment came upon them, so you have turned your backs on Me and I have turned My back on you. As you cry out in reveling of your sins, relishing them and flaunting them, so you will cry out in your pain and suffering that shall very shortly come suddenly and swiftly upon you. As you have given your children to the lust of this world so you shall lose your children before your eyes. What was once precious in your sight you have selfishly let go.
My Word has gone forth and it has been ignored by multitudes, including most of My church. My words of warning that have resounded for several decades now have vastly gone unheeded and now it is time to reap the whirlwind of My just judgments. Your weeping and howling and gnashing of teeth that shall so very, very shortly fall upon you will leave you in utter shock and disbelief that this has happened to you here in America. I will come for My people, but you will have to endure until I do come. The sins of this nation reach unto heaven as did the sins of Sodom & Gomorrah and Nineveh; so it is ripe unto judgment and you must be purged. The dross must be taken out of the silver. The fields must be cleansed.
Look to Me now, for it is too late for some of you to begin; your life will be lost, but your soul shall be saved. You cannot begin training for a battle as you march into it, but must made ready before that time is at hand. Take no delay, take no more time to waste, but seek Me diligently and swiftly in My Word, according to My Word, always seeking Jesus and always pointing to Jesus. Nothing that shall be done by any man that is of Me will point anywhere else but to Jesus and My Word all according to My Word. If it does not move, speak and breathe in accordance to My Written Word, reject it and leave it alone; get far away from it. Try the spirits whether they are of Me; you shall try them by My Written Word.
The pangs of judgment are now come upon you. The fires of My jealousy for My espoused will burn across this once great land. The land will tremble and shake, the rivers will overflow and it will be torn asunder. Unheard of violence will spread like an uncontrollable cancer, eating at the very heart of men. Oh, the sorrows of suffering that will be upon you, that you shall shortly see, that you never thought you would see! Look at what happenend to Jersusalem, to Shiloh, to Israel; and you, America, have far gone beyond what they have because of the Light that was shined in you and given to you. Now youwill reap what you have sown. You have sown to the flesh in choosing to indulge in you lusts, and now you will reap what you have sown as I have lifted My hand of protection and My hedge about you is now gone and only around My true, chosen children. Repent, every one of you that have not. Come to Me now before your last heartbeat, for that is all you have. Time is short and no one is promised a tomorrow; come to Me, Jesus Christ, now, before it is too late, for your own individual soul. Stand on My Word. Thus saith the Lord of hosts
Jul 25, 2015
the book of revelation should never have been included in the bible ... it was obviously written by some drugged out nutcases of the time
No, the book of Revelation belongs in the Bible, it has foretold everything that is happening.
Tribulation Blues post is NOT a quote from the book of Revelation.
If you were familiar with it, you would have known that.
Tribulation Blues posts are written to appear AS IF they are Scriptural, but they are not.
Putting in a reference to America in a supposed Biblical quote seems a bit insulting to our intelligence
Relying on the Bible/Quoran/Scientology is insulting to our intelligence.
But, religion is the best control mechanism over mankind ever devised by mankind!
Just as the US relies on the phony, self made "terrorist" boogeyman, so the religious fanatics have created the Armageddon/Satan boogeyman. Power and control through fear doesn't have to just be secular.
18I testify to everyone who hears the words of the prophecy of this book: if anyone adds to them, God will add to him the plagues which are written in this book; 19and if anyone takes away from the words of the book of this prophecy, God will take away his part from the tree of life and from the holy city, which are written in this book. 20He who testifies to these things says, "Yes, I am coming quickly." Amen. Come, Lord Jesus.