Chinese Stock Market chaos worse than Greece

Article Source: news.com.au

WHILE the world worries about Greece, there’s an even bigger problem closer to home: China.

A stock market crash there has seen $3.2 trillion wiped from the value of Chinese shares in just three weeks, triggering an emergency response from the government and warnings of “monstrous” public disorder.

And the effects for Australia could be serious, affecting our key commodity exports and sparking the beginning of a period of recession-like conditions.

“State-owned newspapers have used their strongest language yet, telling people ‘not to lose their minds’ and ‘not to bury themselves in horror and anxiety’. [Our] positive measures will take time to produce results,” writes IG Markets.

“If China does not find support today, the disorder could be monstrous.”

In an extraordinary move, the People’s Bank of China has begun lending money to investors to buy shares in the flailing market. The Wall Street Journal reports this “liquidity assistance” will be provided to the regulator-owned China Securities Finance Corp, which will lend the money to brokerages, which will in turn lend to investors.

The dramatic intervention marks the first time funds from the central bank have been directed anywhere other than the banks, signalling serious concern from authorities about the crisis.

At the same time, Chinese authorities are putting a halt to any new stock listings. The market regulator announced on Friday it would limit initial public offerings — which disrupt the rest of the market — in an attempt to curb plunging share prices.

While the exact amount of assistance hasn’t been revealed, the WSJ reports no upper limit has been set.

All short-selling — the practice of betting that stocks will fall — has been banned, and Chinese media has rushed to reassure citizens.

Yesterday, shares in big state companies soared in response to the but many others sank as jittery small investors tried to cut their losses, Associated Press reports. The market benchmark Shanghai Composite closed up 2.4 percent but still was down 27 percent from its June 12 peak.

Experts fear it could turn into a full-blown crash introducing even more uncertainty into global markets as Europe teeters on the edge of a potential eurozone exit by Greece, after Sunday’s controversial referendum.

WHAT DOES IT MEAN FOR AUSTRALIA?

For Australia, the market crash in China is likely to impact earnings on key exports iron ore and coal, further slashing government revenue, while also putting downward pressure on the Australian dollar.

Jordan Eliseo, chief economist with ABC Bullion, said it was important to remember that the amount of wealth Chinese citizens have tied up in the stock market is relatively minor compared with western investors.

Stocks only make up about 8 per cent of household wealth in China, compared with around 20 per cent in developed nations.

“The market crash there is generating headlines, but it’s not going to have the same impact as a comparable crash would in a developed market,” he said.

“What it means for Australia, though, is it’s very clear there are some serious imbalances in the Chinese economy, and the rate of growth they’ve enjoyed in the past is over. There’s no question our export earnings are going to take another hit.”

Mr Eliseo predicts Australia is likely to experience “recession-like” conditions such as negative wage growth for many years to come. “I believe that’s going to be the new norm,” he said.

WHAT ARE THEY DOING ABOUT IT?

On Saturday, China’s 21 largest brokerage firms announced that they would invest more than $25.35 billion in the country’s stock markets to curb the declines.

The brokers will spend at least 120 billion yuan ($25.75 billion) on so-called “blue chip” exchange traded funds, the Securities Association of China said in a statement after an emergency meeting in Beijing.

On Friday the Shanghai Composite Index closed down 5.77 per cent to end at 3,686.92 points. Since peaking on June 12 Shanghai has dropped nearly 29 per cent, which Bloomberg News said was its biggest three-week fall since November 1992.

The Shanghai market had swelled by 150 per cent in the last 12 months and experts had expected a sharp correction, though the rate at which it has occurred is unnerving many.

Middle-class Chinese investors, encouraged by the government, have been pumping money into the stock market. The WSJ quoted 51-year-old Li Ping, who sold her 7 million yuan ($1.5 million) Beijing apartment to plough 4 million yuan into stocks.

Ms Li said she thought the market would stabilise and rise again. “The fund that I have invested in is very mature and professional,” she said.

CRACKDOWN AS PANIC TRIGGERS ‘SUICIDE’ RUMOURS

Underscoring growing jitters amid the three-week sell-off, police in Beijing detained a man on Sunday for allegedly spreading a rumour online that a person jumped to their death in the city’s financial district due to China’s precarious stock markets.

The 29-year-old man detained was identified by the surname Tian, and is a manager at a technology and science company in Beijing, police said in a post on their official microblog.

Police said Tian’s alleged posting of the rumour took place Friday and called on internet users to obey laws and regulations, not to believe and spread rumors, and to cooperate with police.

The state-run Xinhua news agency reported that Tian allegedly posted the rumors with video clips and screenshots Friday afternoon.

The post, which is said to have gone viral, “provoked emotional responses among stock investors who suffered losses over the past weeks”, Xinhua said.

Xinhua added that a police investigation showed that the video in question had been shot on Friday morning in the eastern Chinese province of Jiangsu where a man had jumped to his death. Local police there were investigating that case, Xinhua said.

The original post was unavailable Sunday on China’s tightly controlled social media, where authorities are quick to delete controversial material.

European Union warns of Armageddon if Greek voters reject terms

Article Source and Full Story telegraph.co.uk

Greece risks a collapse of the medical system, power black-outs, and an import blockade, if the Greek people reject creditor demands in a make-or-break referendum tomorrow, the EU's highest elected official has warned.

Martin Schulz, the president of the European Parliament, said the EU authorities may have to prepare emergency loans to keep basic public services functioning and to prevent the debt-stricken country spinning out of control next week.

"Without new money, salaries won't be paid, the health system will stop functioning, the power network and public transport will break down, and they won't be able to import vital goods because nobody can pay," he said.

Mr Schulz earlier called for the elected Syriza government to be replaced by "technocrat" rule until stability is restored.

The alarmist warnings are part of an escalating pressure campaign by European leaders as Greeks decide their destiny in what has become – despite attempts by Syriza to present it otherwise - an in-out vote on euro membership after five years of economic depression and mass unemployment.

"What they're doing with Greece has a name: terrorism. Why have they forced us to close the banks? To frighten people. It's about spreading terror," he told El Mundo.

The complete break-down in trust between Syriza and the EU-IMF inspectors comes as polls show the "No" side neck and neck, each driven by powerful emotions in the bitterly divided country.

An estimate 40,000 people gathered for a rally for "No" side on Friday in front of the Greek parliament, drawn by a star-casting of Greek singers and defiant appearance by premier Alexis Tsipras.

Kanye West, Drake, Lil B Ye Are gods: Illuminati Satanic Doctrines(Video)

Chris Brown, Tyga, Ayo BET Awards Performance: Satanic Illuminati All-Seeing Eye Symbolism

  Chris Brown performed on June 28 during the 2015 BET Awards, along with Tyga, Ayo, and Omarion. They performed a medley of his songs: Liquor; Fan of a Fan; and Post to Be. During Brown's performance, he had dancers, lights, and a pyramid on the stage, towards the end of the performance. the all-seeing eye appears in the middle of the pyramid, while the crowd grooves to his music, they seem unaware what is really taking place. What is behind the symbolism of this all-seeing appearing on the pyramid during Brown's performance? 

This particular eye that appeared on the pyramid during Brown's performance, is  better known as the Eye of Horus,  All- Seeing, or in reality the All Seeing of Lucifer. The purpose of using the All-Seeing Eye of Lucifer symbol is for hexes, curses, divination, and psychic control(Masonry: Beyond the Light, by William Schnoebelen, P. 195). Is Chris Brown really performing a Satanic Ritual or not? Is he not performing sorcery during BET Award performance?  Many may think that this symbolism that appears in Brown’s performance, is nothing more than a part of Black folks history of Egyptian of pyramids, and the Egyptian god Horus (which is the exoteric meaning), however this symbol of the Eye of Horus has an significant esoteric occult meaning to it.    

Eye of Horus "The All-seeing eye originated in Egypt in those Satanic Mysteries which God physically judged during the time of Moses, when he lead the Israelite's out of the land by the mighty hand of God. The All-Seeing Eye was representative of the omniscience of Horus, the Sun God(Magic Symbols, by Frederick Goodman, p.103).  This Sun god was actually Lucifer/Satan, that was really being worshiped(source).  So in essence Chris Brown was not only performing his music, but  performing sorcery, to lead people astray, and indoctrinate the audience, and all the viewers    

of Lucifer/Satan.

Revelation 17:5King James Version (KJV)

5 And upon her forehead was a name written, Mystery, Babylon The Great, The Mother Of Harlots And Abominations Of The Earth.

Prophetic Word on the Floodgates of Same-Sex Marriage in America

It has been 5 years ago(actually on September 9, 2010), I wrote an article for Gay Christian Movement Watch, called "Prop. 8: Spiritual Warfare in California Part 1," in which I have republished this article here at "End-Time Prophecy Watch." In that initial article, The Lord gave me the following in the first two paragraphs:

"SAN FRANCISCO – Well, the state of California is back in the news with its same-sex marriage debate. San Francisco Gay Conservative Republican Federal Judge Vaughn Walker ruled that Proposition 8 is unconstitutional.  The proposition did not allow same-sex couples to marry. This is the second time that Californians  voted on a proposition to amend marriage as between man and woman only, and to later have the judicial system overturn the majority votes to amend traditional marriage. The battle of state of California was not to learn whether or not homosexuals should have the right to marry.  The battle actually began within the court system after a three judge panel of the Ninth U.S. Circuit Court of Appeals issued a ruling that imposed a stay on Walker’s ruling to overturn Prop 8.

So who and what are we battling? Are we at battle with Judge Vaughn Walker? Are we battling the gay and lesbian activists that push for same-sex marriage? Is our fight against same–sex couples that wish to marry? The answer would be a resounding no!  Why, you ask?  Because our battle is not against flesh and blood.  It is against evil spirits in the spirit world. It is a battle in the unseen world that manifests itself in the natural world. California has been in a spiritual battle for a long time and most churches have taken the route of the flesh to deal with situation.  They simply encourage their congregations to vote on these propositions.  I’m not saying that voting is not a good and honorable thing to do. However our churches on a large part fail to deal with the spiritual dynamics state of California.  The state possesses some serious demonic strongholds!   On December 9, 2009 GMCW posted an online article entitled, In Vallejo, CA Spiritual Warfare Comes to the Forefront.  This article shed light upon the spiritual battle in Vallejo, California.  The gay community was upset over comments Mayor Osby Davis made during an interview with the New York Times.  I believe its a spiritual conspiracy to push California to the forefront for same-sex marriage because the state is a major trendsetter. California is the only state in the United States to have measures on traditional marriage challenged and overturn twice within the last ten years. I believe the goal is to push Prop 8 all the way to the U.S. Supreme Court in hopes that the decision will be overturned and make it illegal for other states to ban same-sex marriage.  As a result the floodgates for same-sex marriage will be legalized throughout the United States."

As we can see as of now on June 26, 2015 Same-Sex Marriage is now legal in all 50 States in the United States of America, based on the US Supreme Court ruling, and will continue to grow worldwide. This is a prophetic sign that Jesus Christ pointed as just as in the Days of Noah!

End-Time Prophecy Report: Saudis may purchase Pakistani atomic bombs

Article Source: Times of Israel

Saudi Arabia has reached out to its ally Pakistan to acquire “off-the-shelf” atomic weapons as a nuclear arms race begins to shape up with Shiite rival Iran, US sources said.

“For the Saudis the moment has come,” a former US defense official told the UK’s Sunday Times. “There has been a longstanding agreement in place with the Pakistanis and the House of Saud has now made the strategic decision to move forward.”

Tensions between Tehran and the kingdom have grown in the past few months as Saudi Arabia stepped up its air campaign against Iran-backed Houthi rebels in Yemen. King Salman of Saudi Arabia refused an invitation to attend a landmark summit hosted by US President Barack Obama last week, amid ongoing angst over US-led nuclear talks with Iran.

Former Saudi intelligence head Prince Turki bin Faisal expressed the kingdom’s desire for a nuclear weapon last month at the Asan Plenum, a conference held by the South Korean-based Asan Institute for Policy Studies. “Whatever the Iranians have, we will have, too,” he said, according to The New York Times.

Faisal also warned that the Iranian nuclear deal “opens the door to nuclear proliferation, not closes it, as was the initial intention.”

According to the Sunday Times report, Saudi Arabia and Pakistan have enjoyed a mutually beneficial relationship for decades. Saudi Arabia has given Pakistan billions of dollars in subsidized oil, while the latter has unofficially agreed to supply the Gulf state with nuclear warheads.

“Nuclear weapons programs are extremely expensive and there’s no question that a lot of the funding of Pakistan’s nuclear weapons program was provided by Saudi Arabia,” Lord David Owen, who served as England’s foreign secretary from 1977-1979, told the weekly publication.

“Given their close relations and close military links, it’s long been assumed that if the Saudis wanted, they would call in a commitment, moral or otherwise, for Pakistan to supply them immediately with nuclear warheads,” he added.

However, the report added, Lt.Gen. Khalid Kidwai, who helped pioneer Pakistan’s nuclear program, denied that Pakistan had ever granted Saudi Arabia access to its nuclear technology.

The main concern shared by US and European officials was that if Saudi Arabia were to acquire an atomic weapon, it could spur other Sunni nations to follow suit.

An anonymous British military official also told The Sunday Times that Western military leaders “all assume the Saudis have made the decision to go nuclear.”

The official added, “The fear is that other Middle Eastern powers — Turkey and Egypt — may feel compelled to do the same and we will see a new, even more dangerous, arms race.”

This position was also mirrored by other, non-Saudi Gulf states at a summit last week between the US and several Arab countries. One unnamed Gulf state leader attending the Camp David summit told The New York Times, “We can’t sit back and be nowhere as Iran is allowed to retain much of its capability and amass its research.”

Charismania Grave Sucking Mantle Grabbing Necromancy and the Occult in the Church!