20191204-B. Fulford-China economy imploding in 2 months along with JP Morgan?


Benjamin Fulford (12/2/19):
-Now let us turn to the economic attack against China, where CIA sources in Asia promise, “China’s economy and financial system will most likely implode within two months.  ‘The Party’ will try to keep it contained as long as possible.

-The sources explain,
“The government cannot sustain the $40+ trillion debt that they created.  Some in the know are saying the debt is closer to $50 trillion… all computer-generated unlimited credit.  A lot of it was used to build massive infrastructure projects, which include numerous empty cities, complete with empty shopping malls.  Five banks have failed in three months and the government had to step in and take them over.  An estimated 500 banks in China are in serious trouble and expected to collapse, according to Chinese banking regulators.  This is around 15% of China’s financial institutions.”
-This may be linked to the following article about the $66.6 billion Tewoo Group （天津物產） about to default on a U.S. $500 million bond.  It is also possible that the Chinese chose this company and this number to threaten to sabotage the Western financial system by reneging on all Chinese dollar borrowing.
https://www.zerohedge.com/economics/china-braces-unprecedented-massive-default-state-owned-enterprise

-Also, according to the CIA sources:
“The Hong Kong situation was planned in detail long ago.  It is financed from the top.  Putin, Xi, and Trump knew about it beforehand, meaning they did not stop it.  This incident was created as a smokescreen to keep ‘the people’ occupied.  There is much more behind this and it will be exposed as well.
-“During this same time frame, one very large bank in NY will close its doors.  The least of the bank’s problems will be the 22k+ employees in just the NY area that will not have a job.  The larger problem is that it will bring on the domino effect, as this bank is closely connected to Deutsche Bank, which will put the EU is a serious crisis as DB will close its doors as well.”
-The 220,000 employee number indicates that most likely they are referring to JPMorgan.  The troubles at JPMorgan may be related to the news that the Saudi Aramco IPO “was oversubscribed with $44B from captive Saudis but failed to mask its epic fail from foreign boycotts, as even Kuwait and the UAE are reluctant to invest.”
-The fall of JPMorgan Chase and its petrodollar would of course mean the fall of the Rockefeller and Bush dynasties.  That may be one reason why our usual Pentagon source indicates a serious fight is going on to alienate the Western military from the British royal family.

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