20 REASONS FOR THE CHINESE ECONOMIC COLLAPSE-TRUMP IS WORRIED!

➡ Welcome to The Common Sense Show, where we discuss important issues. Today, we’re talking about China’s economic collapse due to various reasons like deserted cities, closed factories, power outages, and a failing currency. We also discuss the impact of this on the US and how investing in gold, silver, and Bitcoin can be a good move. Lastly, we touch on the importance of protecting your investments and assets from failing banks.
➡ China’s economy is facing a crisis due to various factors. These include political takeovers, the breakdown of supply chains, and the withdrawal of Western companies like Apple and Intel. Additionally, the Chinese currency is losing value, leading to increased bartering and a rise in Bitcoin use. This economic instability is causing a surge in crime and the hoarding of goods, further escalating the situation.
➡ This text discusses space exploration and the power of the human mind, highlighting the existence of advanced, yet hidden technology like teleportation. It mentions that this technology was first used in Leipzig, Germany, and suggests that organizations like DARPA may have even more advanced tools. The author encourages readers to learn more about these topics on their TV show, The Common Sense Show TV.

Hello, America, and to our friends around the world, welcome to The Common Sense Show. I’m Dave Hodges, the host, and we are the show that is freeing America, one enslaved mind at a time. Thank you so much for joining us. Make sure you sign up for our newsletter. Go to the commonsenseshow.com and click on the newsletter link, put in your email, and you’ll get a recapitulation of everything we’ve done in the previous 24 hours. That’ll keep you from having to come back here multiple times a day. Over 50,000 people are taking care of you. Have an interesting story about China.

We’ve got the 20 reasons why China’s economically collapsing, and we’re going to do a follow-up in a later segment. It’s going to talk about the implications for us. So some of people are sitting by on the sidelines that are grasping some of these conditions, and they’re going, oh good, the communist Chinese are getting what they deserve. I believe we have no fan of the CCP, but this has a definite blowback on us, too. So it’s a two-part series, and we’re going to cover this definitively. Now, that leads me to our sponsor, Noble Gold. Often, I talk to you about, you know, you need to worry about the banks and their solvency.

Some are going to fail. Many are on the watch list, according to the Federal Reserve. And the Dodd-Frank Law 2010 says they can keep anything that you’ve put into the bank, including your retirement. Okay, you know all that, and you know we’ve talked about how to protect you from that, and the fact that I’m protected. Now, I’m going to talk to you about investment. Noble Gold has the lowest mark-up of anybody that I know. Gold, silver, and I believe if you don’t hold it, you don’t own it. So I’m telling you right now, now’s the time to get involved in gold before things go absolutely nothing.

Nuts. If you wonder why Trump is trying to do mineral deals around the world, he’s trying to compensate for the failed dollar. Now, in our piece today, you’re going to hear a little bit about the world reserve currency, although it’s almost all entirely evaporated with the dollar. China’s reviving it a little bit, but it’s not going to be enough to make a difference. You need to go gold, silver, Bitcoin. Noble Gold will help you with the gold. You need to get involved, right now. Go to DaveHodgesGold.com. I’ll send you out a free information packet. That’s DaveHodgesGold.com.

Put in your email. We don’t sell your data, I promise. Or you can call them directly at 877-646-5347. Alright, there are 20 reasons why the Chinese economy is failing, and it will not come back with one exception. That exception is scary. Number one, Beijing and Shanghai are virtually ghost towns. Well, not entirely. Beijing has 5 million people, but wait, its baseline is 20 million. Where have 15 million people gone? Well, they’ve gone back to the farms of their families or extended families, and they’re going to live off the land because there’s no jobs. The major centers in China are failing.

The cities are collapsing. Number two, the stock market collapsed and is closed. Are they going to bring it back, limitedly? Yes, but I believe it’s only going to be for limited stocks. If they feel they can show the public, everything is fine. Oh, we’ll get these other stocks back up and going soon, but this is a huge, huge red flag. Think 1929, when our stock market collapsed, what happened? Number three, roving blackouts. This is really, really serious. This includes schools, hospitals, emergency procedures, everything but the military. And roving blackouts are occurring because the Chinese can’t afford to keep the lights on.

Pretty darn serious. Number four, 25% of Chinese factories are now closed. And you’re saying, well, I know you’re doing a part two on the effects on America. This should be your first clue. 25%. And many of the others can’t get the spare parts they need to keep in operation. And people are leaving the labor force there because they’re not getting paid. It’s absolutely chaotic. Number five, you don’t want to get sick. You don’t want to have to go in the hospital in China because they’re using diesel generators to keep the lights on. Oh, and they’re also recirculating gloves and gowns.

Why do you think doctors scrub up so diligently? And now they’re going to do this. And the diesel is only as good for the lights being on in the hospitals as long as there’s diesel to put in the generators. It’s a huge problem. Number six, China has sought out emergency cash exchange because the Yuan is worthless. Gone to Saudi Arabia. I can’t believe the Saudis are doing this. But I think it’s a bad deal for them. But the Chinese have given massive amounts of Yuan, but they just print it out of thin air. If you know, the history of our Federal Reserve, you should know what’s wrong with this.

And the Saudis in exchange are giving their currency to China as a stimulus. And I’m sure there’s an under the covers backroom deal for future trade considerations has to be. Otherwise, the Saudis, I mean, they need to go back to kindergarten to learn a little bit about math. One plus one is two. I mean, this is a loser deal for them. But they’re doing it. And also, too, in some cases, and this helps the dollar in a small way. In some of their transactions, they’re only accepting the dollar. I don’t know if that’s a deal that was made between the CCP and Trump.

I suspect it is. But that is a strange turnaround. But the overriding message here is this. The Yuan has failed. As a currency. This list just is nonstop here. The banks are virtually closed. Try getting your money out. Oh, it’s their version of Dodd-Frank 2010. They didn’t codify it in the law. They’re just doing it. But basically said, you put your stuff in the bank. It’s ours. We’ll decide what to do with it. And the ATMs are not working. The few banks that are open, people are hoarding cash. I don’t know what the value is in hoarding cash.

Because soon, the inflation is going to be so out of control that you can’t hoard enough cash. You could build a cash house you’re going to need so much. Do you remember the history books that you grew up with? And they were talking about the collapse of the German Wehrmacht. Do you remember that? And it took a lady a wheelbarrow full of cash to buy a loaf of bread. That’s what China is going to be facing in the future with hyperinflation. This is amazing. Imagine working your whole life. You’ve retired. You’ve been retired for 2, 3, 5, 10 years.

And you get a notice by email that says your pension has been paused. That’s the phrase they’re using. They’re not saying, hey, we’re not going to give you your pension, because they don’t want people picking up the pitchforks. But they’re saying your pension has been paused. How are these people supposed to pay their rent, their mortgage, buy food, pay for medical bills? They’re not. And what’s happening is, what’s happening in a collapsed real estate market that we’re not even touching on here in this is that you’re getting multifamilies or extended families staying in the same living space.

And this is one of the preemptive causes. So mom and dad going to work in the great babysitter or schools. But they’re not paying the teachers. And guess what’s happening? How long would you go to work if you’re not being paid? I suspect you wouldn’t go very long. And the teachers are leaving. There are some school districts in China that have just closed. Now you get childcare debt on top of everything else. And not to mention, children are not growing. Parents aren’t sure what to do. They’re scrambling. Tutors are expensive. Formal tutoring was outlawed by Xi Jinping because it was creating competition with the elite and the CCP because middle-class kids were gaining entrance into elite Chinese universities due to tutoring assistance.

And they outlawed it. Now where are parents going to turn for this? This is crazy. This is social upheaval. When people say there’s going to be a revolution or a civil war, it’s generally not one cause. It’s a series of things that eventually you get the straw that breaks the camel’s back. Well, there’s more straws to go on the CCP’s back, but it’s on its way. I’m paying teachers. Unbelievable. Here’s a really big one. Capital flight. I’ve mentioned this before, but it fits into the genre. So I’m going to repeat it. Mom and dad, they’re wealthy or they’re upper middle class.

They have sent their kids overseas to study. Now mom needs to go and visit. Take care of the kids. Dad schedules a business trip. Meanwhile, they have converted to things like Bitcoin or gold or silver in foreign markets. And they have basically transferred their wealth by stealth out of the country. Capital flight is enormous. Now, even the CCP has done this. In fact, they did it first. I reported on this earlier. It’s estimated they have put about $2 trillion in the west. And they have a dual purpose here. One is political. Political takeover by extending their financial influence over whatever organizations they invest in.

But two, they knew what was coming with the Chinese economy. So get out of Dodge while the getting’s good. And they sent their money out of the country. So this is a trend. We’ll talk in a minute here. How the government is trying to counter this trend for the average non CCP leadership people. Remember, there’s always under communism rules for thee, but not for me. Supply chains of the factories are going down and fuels at a premium. It’s extremely high. Costly to ship. Supply chains start to break down. Oh, we talked about what’s coming. We’re going to break that down for you in some detail on the follow up piece in part two.

But the supply chains are in trouble. And again, this adds to the unemployment. Okay, and I’m telling you, real famines come into China. I’ll cover that as we before we finish. There is a phrase now in Western businesses that are working inside of China. It’s called the great decoupling. Sorry, I don’t mean to laugh, but it almost sounds like they’re taking Chinese philosophy. And putting into a Western economic position statement. The great decoupling is this. Specifically, it was Intel and mostly. Now, let’s see what my notes say here. Oh, it’s Apple. Apple and Intel. They have cancelled billions of dollars of deals with China and sent their money elsewhere.

In fact, actually, they’re going into Malaysia. Now, this is just spelling doom. The Chinese economic engine. We say, oh, it was roaring. Not 10% growth a year. That was a lie, but they were claiming that. But it was growing. But it needed Western infusion of capital to continue to grow. Because the Chinese aren’t good money managers. Belt and Road Initiative. Chinese artificial islands. I mean, all these projects enormously expensive. Drain the budget. They need an infusion of Western cash. And now, not only are they having capital flight from their leadership and the rich who are cleverly getting it out, their wealth out.

Now, they’re seeing defection of Western bankers. HSBC, Bank of America. All these institutions are saying, bye-bye. We are no longer viable. They started with layoffs. Remember, we talked about that back in May. Now, it’s just outright closures. And the majority of bank branches from the West in China have closed. I’m sure the Chinese are going to have a counter for that. But right now, they’re in big, big trouble. HSBC issued a statement. This is a reason unto its own for reason number 13. This goes along with number 12 with the great decoupling. But HSBC said this.

China is no longer a viable investment vehicle. HSBC is intertwined with the Chinese government and the CCP. They’re really the most corrupt bank, in my humble opinion, on the face of the earth. John Cruz has been a guest on our show many times. He used to be a senior VP at HSBC. And as long as 12 years ago, John was coming on after he left, actually was fired. And he said, I turned them into Homeland. I turned them into the DOJ and to the Eastern Division in New York. And they just got a slap on the wrist.

But they’re corrupt as the day is long. And he listed their crimes on the show. And they’re basically saying China is no good. Oh, that’s incredible. It’s a banner statement that encourages other defections. Number 14, the people are hoarding whatever they have left that they can buy stuff with. Do you remember our days of the lockdowns? Fist fights in stores over toilet paper? That’s happening in China. They are now hoarding. And what happens when you hoard to the prices escalate dramatically above inflation? And inflation is rampant in China right now. But it’s going to escalate more because of the hoarding.

Number 15, people can’t even electronically transfer very much of their funds. It’s basically they’ve been given a haircut. It’s kind of like Cyprus several years ago. Remember when they seized their clients bank accounts and they gave them 40% back? That’s effectively what’s happening. You can’t go to the bank and get your money. But you can wire some money, but only a small percentage of what they say you have in the account. Oh, we’re going through technical review and reconciliation. That’s the official excuse. The bottom line is, we don’t have the money to pay you. So we’re going to give you what we have and you’ll be lucky if you get it and shut up and say thank you.

Well, what’s happened to retail? Do I even need to mention this on item number 16? Retail. What’s happening to our retail? Every time you turn around and you have these major retail outlets, I don’t care if it’s Walgreens or CVS or what it is, they’re closing massive amounts of branches in this country. Hello, America. Look at China. These are the early warning signs. These are the chest pains before the heart attack in America. And retail outlets, the malls are empty. I’ve shown you the pictures of it. Public transportation is vacated now. People are going to work.

And so now you’re seeing a closure of the public private partnership that goes with public transportation in China. That’s starting to disappear. The merchants, there’s just not much there. And they’re doing all these going out of sale stuff so they can recoup what they can. Their rents are going into default. It’s a retail collapse in China, which is to be expected given everything I’ve told you up to this point. Number 17. The yuan is not respected. It’s not desired. I mean, some people are trying to hoard it, like I said, but people are escaping the currency.

First of all, if they can get their hands on it, they know it’s not worth very much. So they’ve begun to barter. I’ll give you this necklace if you give me that loaf of bread. It’s not meant to be an actual transaction that’s taking place, but it’s an example of what’s happening. Bartering has replaced currency in most of your major cities, such as Beijing and Shanghai. That’s what would happen here if we had an economic collapse. I’ll tell you what’s next in China, too. I didn’t have this on the list, but they have organized crime like you wouldn’t believe.

You’re going to see strong army, and you’re going to see small collectives form, and it’s going to be ruled with protection money. Well, we’re going to help set you up in some kind of business, but you’re going to pay us a percentage. That’s what’s coming in China if it’s not already happening. The CCP is the biggest protection racket in the world, but I’m talking about individual criminal organizations that’ll do it, and the same thing would happen here. Next item. Many of the Chinese investors in item number 18 are turning to Bitcoin because the Chinese government is hoarding the gold.

I wonder why. So people are turning to what they can get their hands on. Bitcoin. Now, it’s interesting on the Internet, when most of those transactions take place on the Internet, the Chinese are interfering in these transactions. They want people to stay in the yuan, and they tell you, you need to buy it. It’s your civic duty. It’s your responsibility to your country. And so they try to block the Bitcoin. So it’s not working really well, but not all transactions I should say are blocked. And I haven’t read a definitive reason why, except I can tell you, they’re not blocking the CCP.

They’re blocking the common person. What are they using for currency? Street crime is exploding in the major population centers that are being depopulated. What do you think they’re doing? You probably guessed it. Opium. Prostitution. And going back to the previous one, I said organized crime protection rackets are going to emerge. That’s how they emerge. But right now, the gangs control those two organizations, not the government. So we’re looking at a black market underground economy, and it’s surfacing in a very loud way. And number 20, as of June the 20th, as of this publication, that’s only four days ago, as of June the 20th, there has been a limit on wire transfers that has to be approved by the Chinese government.

So let’s say you want to buy something from Amazon, and you’re in Beijing. You can get something pretty routine, but if you buy something bigger, or if you even buy a car or an expensive ring, you’ve got to have CCP approval to move the money because they’re trying to stop the capital fling. I could have come up with 50 reasons the Chinese economy is collapsing. But these 20 should be sending shockwaves into America. And if you haven’t made the connections from the list I gave you, I’ll spell it out for you in a later segment in this show today.

Thank you for joining us. Make sure you check us out at the commonsenseshow.tv for the very best in investigative reporting. But we also have our HIP series, you know, old pyramids, congressional UFO investigations. It’s kind of funny with all the war going on, that stuff’s kind of been set aside. It’ll come back because there’s an agenda. And then we’re talking about space exploration, SpaceX, powers of the mind. We’re more powerful than you realize, and laboratory experience tells. And how about repressed technology? How many of you knew before I did the expose back in early May? That teleportation is a real deal.

It was first done in Leipzig, Germany, and we dominated. Oh, yeah, we dominated the news in that area. Well, guess what? A lot of that technology is repressed. We don’t know how far they have gone. I mean, I ran a piece yesterday about this DARPA have a Stargate. I think they have more than one. So that’s all covered over there on the TV show, The Common Sense Show TV. Sign up today. I think you’ll enjoy it. [tr:trw].