Rising desperation as China's exports drop | WHAT REALLY HAPPENED


Rising desperation as China's exports drop

At the docks here, the stacks of shipping containers that used to loom above the highway overpass are gone. Logistics managers say they negotiate deeper discounts every week on ships that are leaving half empty.

In nearby Guangdong Province, so many factories are closing without paying employees that some workers are resigning pre-emptively and demanding immediate pay before their employers go bankrupt.

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The whole world is a victim of the Ponzi scheme known as the federal Reserve.

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