Home / ECONOMY / Leaked Note From Chinese Think Tank Warns Of ‘Potential Financial Panic’

Leaked Note From Chinese Think Tank Warns Of ‘Potential Financial Panic’


General Michael Flynn defense fund Fellow patriots, please listen to this short, inspiring message from General Flynn. General Michael Flynn exemplifies patriotism, courage, and love of God and country - despite some of his own countrymen relentlessly attacking him. Donations for his defense are greatly appreciated. If you can only give $5.00, please do so - every little bit helps. Thank you so much, and God bless. Letter from General Flynn. 

By Mac Slavo

As trade tensions continue to skyrocket and markets around the globe are affected, a Chinese government-backed think tank had a memo leaked warning of potential financial panic. China, the world’s second-largest economy, sees the rising tensions as a cause for concern.

Political elitists don’t care about the effects of their policies on the masses, as long as those masses continue to comply with the demands of the rulers. And now that’s evident by a Chinese think tank leaked memo warning of the potential for financial panic of the peasants they rule over. The warning is that leveraged purchases of shares have reached levels last seen in 2015 when a market crash erased $5 trillion of value. “We failed to clean up the leveraged funds after the 2015 market rout; they have staged a comeback in a new guise,” NIFD said.

Bond defaults, liquidity shortages and the recent plunge in financial markets pose particular dangers at a time of rising United States interest rates and a trade spat with Washington, according to a study by the National Institution for Finance & Development (NIFD) that was seen by Bloomberg News and confirmed by a NIFD official.

Obviously, trade wars and tariffs are taxes on those who consume the product not those who produce it (as they just raise their prices passing on the tax to those in the country whose elitist ruling class insists on participating in such ludicrous ideas.) “We think China is currently very likely to see a financial panic,” NIFD said in the study, which appeared briefly on the Internet on Monday, before being removed. “Preventing its occurrence and spread should be the top priority for our financial and macroeconomic regulators over the next few years.”

The study shows that the Chinese government is well aware of the possible effects of a prolonged trade war with the United States. In recent weeks, prominent academics have also begun to question if the country’s slowing and trade-dependent economy can withstand a sustained dispute that includes massive amounts of tariffs (taxes).  The trade tensions have already started to weigh on the stock prices and the yuan and could definitely continue in a downward trajectory toward a full-blown financial crisis, which would include the public panicking.

Chinese stocks entered a bear market this week, with the benchmark Shanghai Composite Index falling more than 20 percent from its January high, while the yuan has slumped more than 3 percent in the past two weeks. Investors have been spooked by the escalating trade tensions and fears that the government’s deleveraging campaign will curb economic growth and trigger defaults. –Bloomberg

The think tank said China’s State Council should be ready to implement any market support measures in coordination with the central bank and other regulators, key government ministries, and the police. Meaning when all else fails, more government coercion, force, and violence will be used. 

Are you prepared for a financial meltdown? Attempts to pay off all debts should be at the forefront of the minds of those who wish to insulate themselves from the poor financial decisions of the ruling class. Also consider alternative currency, either in the form of precious metals or ammunition. It could help make your survival that much easier.

You Might Like

Republished with permission SHTF Plan


Please Spread the Word and Share This Post

TCP News is proud to be ranked #24 in the Top 40 Conservative Political Blogs

Viewpoints expressed herein are of the article’s author(s), or of the person(s) or organization(s) quoted or linked therein, and do not necessarily represent those of True Conservative Pundit

Another way you can support us is to purchase my book

Subscribe to my daily newsletter, and join hundreds of daily readers and receive news and relevant commentary

Don't forget to follow TCP News on ParlerGabSpreelyUSA Life, Facebook, and Twitter

If you value what you see on True Conservative Pundit, please consider donating, any amount helps

donate to TCP News

About Mac Slavo

Leave a comment - or not. We have NO tolerance for trolls, abusive and inflammatory comments, or those laced with profanity. No more than two links. Keep it clean and on point, or be banned.