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China Facing a New Financial Crisis · The Slippery Slope

• 0:04
  Hi, I'm Jay felon, and you are listening to the slippery slope.
• 0:07
  So since about October 20 21, I've been saying that I believe
• 0:12
  China is heading for a major financial crisis.
• 0:16
  The writing seems to be on the wall.
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  We've had major building companies collapsing under a
• 0:23
  mountains of debt. Mountains of death.
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  It seems like the Chinese Communist Party.
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  Covers up just how badly their economic situation is in the
• 0:35
  country reporting on economic growth.
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  That just does not seem to be there in reality.
• 0:41
  And just last week, we saw Banks shutting people out from from
• 0:46
  being able to access their own savings and then using these
• 0:50
  covid tracing bracelets. And now, I woke up this morning
• 0:56
  to video coming through, coming out that The Chinese government
• 1:01
  were rolling tanks onto the street to deter people from
• 1:06
  going towards the banks from going into their Banks and
• 1:09
  trying to access money from keeping people out.
• 1:16
  So Sky News Australia reports, this new crisis, China faces
• 1:21
  wave of mortgage strikes. So the spine news business
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  editor. Ross Greenwood says China is
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  facing a new crisis. A Ins and they're refusing to
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  pay their Home Loans. Mortgage holders have taken out
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  their anger online and have vented their frustrations in
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  public mr. Greenwood said, but the Chinese
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  answer to all this is to send in teams of Senses to erase all
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  social media of any mention of loan suspensions simply to stop
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  the run to stop the behavior loan suspensions are the latest
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  in a string of Chinese citizens, taking action against banking.
• 2:00
  You should however, it seems. Now the Chinese government
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  aren't just sending in teams of Senses through a race social
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  media coming from footage. Is it appears that the Chinese
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  government has sent tanks onto the street to prevent
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  disgruntled citizens from withdrawing their own money from
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  the bank that they use? So, this headline came from the
• 2:26
  USS, a and news, and it says, video has Emerged, the communist
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  China, deploys, tanks, to protect Banks from Angry
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  citizens, seeking to withdraw savings.
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  Shocking video has been taken in what is believed to be in these
• 2:41
  Shandong Province shows, a line of Tanks surrounding a local
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  bank branch to prevent disgruntled citizens from
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  withdrawing their own money, which the government is now
• 2:52
  classifying as investment products.
• 2:56
  So accounts in several different banks and Province provinces
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  Over the lane have been frozen since April 18, according to the
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  South communist, China Morning Post and they've been citing a
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  system. Upgrade, could you imagine your
• 3:10
  accounts been frozen since April and the bank, all the bank and
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  say, is it's a system upgrade. So Chinese officials have
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  claimed the henin shin saifu group had taken over these five
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  banks through internal and external collusion and illegally
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  attracted to Theaters with peer-to-peer fundraising
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  practices, Bank runs began erupting at henan Province.
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  Last week over reports their deposits totaling six billion
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  dollars or 40 billion. One advantaged with videos.
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  Capturing the Chinese officials violently cracking down against
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  people trying to access their own money.
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  In one particular, violent scene, protesters gathered in
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  front of the Shanghai. Shanghai, how Each of the
• 4:00
  People's Bank of communist China, and they were attacked
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  and dragged Away by an unknown group, in white shirts, on July
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  10, while police looked on. So, they've just exchanged brown
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  shirts for the white shirts and sent them in and please just
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  look on. So over 400,000 depositors of
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  six, rural banks in central China's henan province in June
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  were urged to file cases to banking regulators.
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  If they could not withdraw their money, A Chinese regulatory
• 4:34
  banking, official insisted that depositors, with under 7400, or
• 4:39
  which is 50001, will receive their money and urge for
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  customers who haven't received their funds to wait patiently,
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  it's your money, but can you just wait patiently while we
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  sort things out the action? The action plan is to repay the
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  principal of these customers in batches and Nine the fish'll
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  from the communist. China Banking and insurance
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  Regulatory Commission stated on Sunday.
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  But some reports suggest the allow back scene which is the
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  common people may never get their deposits back.
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  The Chinese Communist party is turning.
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  Hundreds of thousands of depositors into participants in
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  financial fraud and illegal fundraising noted communist,
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  China, Observer, Being that it is, highly likely, depositors
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  will not get their money back. The CCP began.
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  Quilling these protests last month or weaponizing covid,
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  health codes against citizens that are baked into its social
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  credit score system, which is coming here very soon.
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  Australia. And America, mark my words
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  continues on by saying imposing a red code on the covid passport
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  app. Prevents them from accessing
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  public places. This is what I was talking about
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  last week, how they were manipulating officials from the
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  Chinese Communist party when were manipulating these passport
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  apps, and the bracelet that General citizens have to held on
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  their arm. And when it turns red, that's
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  supposedly says, okay, you have tested positive for covid.
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  And if it turns orange, well then you've you've been in
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  contact with someone who's tested positive for.
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  And therefore, you're not allowed out in public or you're
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  not allowed to access certain areas, and it seems the Chinese
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  Communist Party were manipulating these this app, who
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  would have thought that that could ever happen in this day
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  and age. So human events, editor, Jack,
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  Pacific noted that similar Bank runs, involving military
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  intervention. Could come to the United States
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  and he says if you think that's just Chinese Banks, you got
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  another thing. Coming because that's the same
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  exact thing that would happen here in the US.
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  He warned last Wednesday, they are over leveraged to the hilt.
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  And if your own if your money only exists on paper, it's not
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  tangible, that money doesn't exist.
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  So as I said, been saying for a long time, I believe China is on
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  its way towards a financial crisis, which is not going to
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  help their stand. When it comes to Taiwan, it's
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  not going to help their pride. Also, we have the world economic
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  Forum pushing ahead with its goal for a great reset.
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  But if you want a great reset, you have to crash the system.
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  You have to destroy the system that's already there.
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  I was talking last month, how I believed.
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  We would see more countries going into Financial ruin, like
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  what we've seen in Sri Lanka and Pakistan.
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  Are we about to see Minor financially crash.
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  Is that what we're about to see? The great reset is the goal of
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  the world economic Forum. The great reset is the goal for
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  the globalists. They want a new economic system,
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  are we starting to see that play out before your very eyes?
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  As I said before, I believe China is heading for a crash.
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  That's my opinion. Just remember, God is in
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  control. Thank you for listening to the
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  slippery slope.