Wealthy Flee Shanghai – Investment Watch


by Martin Armstrong

The lockdown in Shanghai has caused immeasurable damage to the people and battered an already stunted global supply chain. The wealthy are now fleeing the city, as numerous agencies have reported a large uptick in immigration requests. The Financial Times reported a 7-fold increase in the search term “immigration” among residents.

The media has downplayed this story as they do not want the people to remember governments’ capabilities. As with the fall of many great cities, the wealthy are the first to leave. Shanghai may be one of the richest cities in China, but it is not immune to government tyranny.

Only 25 deaths in Shanghai were attributed to the coronavirus, but over 25 million people directly suffered from this lockdown. The lockdown was not about safety. Warehouses are beginning to open, but the world’s largest port ceased operations. Again, no world leaders commented heavily on these major issues.

Pets of the “infected” were eliminated by the government. There were reports of people jumping from high rises and others begging the police to take them to jail with the hope of having a meal. No world leaders have commented on these human rights abuses as they were done in the name of COVID.



Help Support Independent Media, Please Donate or Subscribe:

Trending:

Views:
49




















Source link

Related articles

Bitcoin To Repeat Parabolic Section From 2017 And 2021? Right here’s The Goal

Bitcoin is at the moment on the trail to holding a robust footing above $109,000 after reclaiming the $108,000 worth stage previously seven days. Notably, Bitcoin’s worth  has gained greater than $3,000 over...

Greenback strikes larger. Yields larger. Shares decrease on tariff information.

After Pres. Trump. A 25% tariff on all Japanese merchandise despatched to the US separate from all Sectoral tariffs, the USD has moved larger. yield are larger and shares are decrease. The brand...

Subsea7 secures EPCI contract for offshore Egypt

Subsea7 has been awarded a sizeable1 contract for offshore Egypt, the corporate introduced...

Ingram Micro says ongoing outage brought on by ransomware assault

Ingram Micro, a U.S. expertise distributing big and managed companies supplier, mentioned on Monday a ransomware assault is the reason for an ongoing outage on the firm. The hack started on Thursday, after which...

Tesla: The Large Stunning Invoice Is not Bullish For The Inventory (NASDAQ:TSLA)

This text was written byComply withI'm centered on progress and dividend revenue. My private technique revolves round setting myself up for a simple retirement by making a portfolio which focuses on compounding dividend...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com