Yep, you heard it and seen it right.
CHINA50 one of the world most important economy and the stock market is likely to head for DOOMSDAY once again.
It's not just another correction, it is a melt-down a 30% shave off from the current value and 50% to 60% from the all-time high.
Technical we can see a DOUBLE TOP, and ironically CHINA STOCK MARKET RALLIED IN JAN 2015 when the global market was declining during that time.
This was the TECH BUBBLE IN CHINA as well as MORTGAGE LOANS which is bound for DOOMSDAY. HISTORY REPEATS ITSELF!
This is a no-brainer, CHINA was simply over-leveraging during the last 10 years. GHOST TOWN EVERYWHERE AND CONSUMER NO LONGER CAN PAY THEIR MORTGAGE DEBTS in an ENVIRONMENT WHERE
Interest rates are higher, YIELDS are LOWER, and VALUATION no longer keeps up with rising DEBTS. It's just another repeat of LEHMAN CRISIS AND THIS SHOULD GET BIGGER.
The Government is tightening things internally to slow down the imminent meltdown and to cushion this crazy non-existence of money that was borrowed ahead to create artificial assets so every CHINA can be rich selling their LAND AND PROPERTY! With money harder to be transferred out, and clamming down on corruptions and an SKY NET that watches every single cent moving within the country's merchant. More and more developments, as well as projects, are heading for defaults and crashes. Nobody is going to live in a ghost-town anyway.
Here we go again!
#Disclaimer, this is just a forecast. Happy Trading and Good luck folks. - FTD
CHINA50 one of the world most important economy and the stock market is likely to head for DOOMSDAY once again.
It's not just another correction, it is a melt-down a 30% shave off from the current value and 50% to 60% from the all-time high.
Technical we can see a DOUBLE TOP, and ironically CHINA STOCK MARKET RALLIED IN JAN 2015 when the global market was declining during that time.
This was the TECH BUBBLE IN CHINA as well as MORTGAGE LOANS which is bound for DOOMSDAY. HISTORY REPEATS ITSELF!
This is a no-brainer, CHINA was simply over-leveraging during the last 10 years. GHOST TOWN EVERYWHERE AND CONSUMER NO LONGER CAN PAY THEIR MORTGAGE DEBTS in an ENVIRONMENT WHERE
Interest rates are higher, YIELDS are LOWER, and VALUATION no longer keeps up with rising DEBTS. It's just another repeat of LEHMAN CRISIS AND THIS SHOULD GET BIGGER.
The Government is tightening things internally to slow down the imminent meltdown and to cushion this crazy non-existence of money that was borrowed ahead to create artificial assets so every CHINA can be rich selling their LAND AND PROPERTY! With money harder to be transferred out, and clamming down on corruptions and an SKY NET that watches every single cent moving within the country's merchant. More and more developments, as well as projects, are heading for defaults and crashes. Nobody is going to live in a ghost-town anyway.
Here we go again!
#Disclaimer, this is just a forecast. Happy Trading and Good luck folks. - FTD
