China Is Buying the Chicago Stock Exchange. A Dangerous Signal for the Global Economy

Capital flight or capitol fight: Why is so much money fleeing China, and what is the biggest ramification?

An obscure Chinese company is buying the Chicago Stock Exchange. The February 5 announcement stirred a tumult on Capitol Hill. Members of both parties of Congress denounced the takeover, calling for the Treasury Department to investigate the proposed sale.

Yet the founder of the Chongqing Casin Enterprise Group (Casin Group), which is buying the Chicago Exchange, assured regulators that his intentions were purely financial in nature. He planned on keeping the United States management team in place and said he would use information learned from the Chicago Exchange “to help develop financial markets in China over the longer term and to bring exciting Chinese growth companies to U.S. investors.”

So what’s the problem?

The China Syndrome: The Coming Global Financial Meltdown

The 1979 film The China Syndrome took its name from the darkly humorous notion that a nuclear reactor meltdown in the U.S. would burn straight through the Earth to China. (wikipedia: The China Syndrome)

In today’s world, the financial meltdown in China has burned straight through the global financial system to the U.S. financial markets. The mainstream financial media is delighted to promote the many links between the U.S. and Chinese economies when the two economies are feeding each other’s expansion in a tightly coupled virtuous cycle.

Beware: Putin, the wounded animal

It’s quite easy to see the list of damage Putin can do to the United States and its allies, even the world over, if you’ve been awake the last few years and haven’t been spoon-fed half-truths by CNN/FOX/NBC et al. A long tracklist of capabilities and actions have been documented here within the cyberwarfare and economic warfare realm. SCADAs would also be a perfectly precise example in vulnerability.

This site is far from being pro-Russian yet is far from being unaware of the United States suicidal social and economic decline, reluctance to maintain any sensible defense as it purges and destroys its own military, or lack of will to protect its own critical infrastructure — and the consequences that stem from this.

America is in free fall and mortal danger. Warning signs are all around and alarms have been going off for years, but the lights are off and nobody is home.

Please see video HERE or on the source link.

The sanctions hurt Russia a bit, but now oil’s freefall is causing the ruble to crash and slamming that nation with a guaranteed recession or even depression.This would be something worthy of extreme vigilance for the U.S. government and investors alike even if Russia were a true democracy governed by at least semi-responsible leaders.But it’s worse. Much worse.

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In short, Putin is like a Augusto Pinochet or a Juan Perón … but with much more steely resolve, a massive military, and nuclear bombs.

But even with Putin’s extremely visible and frightening track record before us, it’s clear the Obama administration and even the investment community is still not prepared for the extent of the damage the Russian leader can unleash on his own people, on his neighbors, and on the U.S. financial markets.

There is nothing more dangerous than a wounded animal. Vladimir Putin is wounded — and he’s not known for holding back.