Citibank Memo Says China “A Relative Safe Haven” During Economic Collapse

by Chris Black

They told us Russia’s economy would be destroyed, their military would be weakened, there would be mass protests, leaders would be removed and they’d end up totally isolated.

Looks to me like that is describing what’s happening to the US and Europe.

If you’re running the Western banking system into the ground, the last thing you want to see is one of the biggest banks admitting that China is the best place for people to put their money.

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RT:

The unfolding banking crisis in the US and Europe, which has shattered investor confidence in the Western financial system, could highlight China as a “relative safe haven,” economists at Citi said in a note seen by CNBC.

This is all just obviously true.

The West is taking ridiculous, deranged steps to collapse the economy, apparently on purpose. Anyone with any basic common sense is going to see that China is not doing that, and move their money there.

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