Sunday, September 18, 2016

Nomi Prins*: China Does Not Want 
To See A Global Stock Market Crash 
"As the wheels come off, which will be because our election is out of the way, the Federal Reserve is left there to figure out what it really needs to do, and, most importantly, other countries start to pile in and ratchet up their strategies for protecting themselves relative to the Federal Reserve policy of bad regulation, cheap money and so forth, things will unravel .. So that’s what we’re looking at, this additional factor which hasn’t really been prevalent. It’s been sort of in the background of the power plays from central banks, in particular the People’s Bank of China and how it is developing its alliances. Also, how the IMF is working with the People’s Bank of China, and has been very critical, increasingly so, of the Federal Reserve and U.S. policy .. When those elements start to rise, in contrast to whoever runs the White House and whatever is going on from Washington, is when we will see those downfalls in global markets .. The Chinese don’t want to see a market crash globally."
- Nomi Prins*
LINK HERE to the article

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