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Richard Russell - A Chapter of the World Has Come to an End

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posted on May, 1 2012 @ 07:30 AM
See link for full blog. I just post this section as it is most intriguing, if a little strange. Does anyone follow Richard Russell? Is he given to the dramatic and sensational? Or does he have a valid point to his ramblings here?

No doubt, China is a ticking bomb of sorts. There are some serious issues there and Russell makes a very interesting observation about China's leadership, with a few recent happenings there indicative of this - like the one several weeks ago when one of the Communist leaders was deposed from leadership (cannot recall the specific or exact details).

King World News

“I woke up this morning with the distinct feeling that a chapter of the world had come to an end. I felt that a new world is being heralded. What this means I don't know. The thought came out of my unconscious. It haunted me all Sunday. One chapter had come to an end, and a new one was starting. The new chapter may be starting in China.”

“China's Watergate -- A top Chinese official is accused of wiretapping the president of China. The man who was thought to be the future president of China, has been caught red-handed in a crime: wire-tapping the (current) president of China.

Along with this crime, up to $180 billion is missing, and it is thought that there is a connection. China is the only dictatorship without one man (the dictator) in charge. China is ruled by a collection of dictators, and therein lies a problem -- fierce and deadly competition.

What I learned over the weekend. China has a 9-man dictatorship; it is the only dictatorship that is not led by one man. When it was learned that one of the ‘dictators’ had wiretapped the Chinese leader, all hell broke loose. Uneasy lie the heads of the various Chinese leaders. Yet strangely, the Chinese stock average is holding steady. On the news the FTSE broke below its 200-day MA, and then bounced back above it again.

posted on May, 1 2012 @ 06:55 PM
reply to post by surrealist

If anyone thinks that the Chinese stock market is not completely controlled by the Party then all I gotta say is.. get outa economics.

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