(NaturalNews) China, the world’s second-largest economy, continues to show signs of a sharp slowdown, unnerving investors everywhere as markets begin falling worldwide.
“The Chinese have created an air of fragility around the globe. Markets will now surely have to firm up considerably for the Fed to pull the trigger next month,” said Deutsche Bank analyst Jim Reid.
Natural News‘s Mike Adams warned readers on Aug. 17 about the serious potential for worldwide market collapse:
If this covert war between China and the United States continues to escalate, it would ultimately devastate the economies of both nations. Both China and the USA are currently experiencing shockwaves in their stock markets as bubble economies built on debt begin to unravel.
In these times of shaky financial foundations, it doesn’t take much to topple public faith and unleash a mass exodus away from currencies and markets. It’s also clear that the United States considers currency games to be acts of war while justifying “kinetic responses” to such events.
Full article: Global stocks in freefall mode as economic collapse unfolds (Natural News)