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

Abu Dhabi’s Crypto Blueprint Attracts Miners, Funds and International Giants

Key TakeawaysCitadel Mining holds about 6,996 BTC constructed via Abu Dhabi mining operations since 2022.Mubadala raised its Blackrock IBIT stake 16% to 14.7 million shares in Q1 2026.The FSRA’s stablecoin framework and farm-mining...

DuckDuckGo made sun shades that do completely nothing, they usually bought out

AI-wear: DuckDuckGo not too long ago launched a brand new pair of sun shades designed to respect privateness in an AI-saturated world. The product is actual, not simply advertising and...

The era that got here of age with answering machines, handwritten letters, and telephone books is not nostalgic for slower know-how, they keep in...

In 1994, an answering machine didn't make a family repeatedly reachable. It saved a message till somebody returned house and selected to play it. A message may sit for a day. Two days....

Bitcoin Treads Water As Gold, S&P 500 See Important Features

Bitcoin (BTC) stayed wedged at $64,000 on Wednesday’s Wall Road open as gold hit six-week highs.Key factors:Gold evaluation eyes Chinese language demand as the valuable metallic hits its highest ranges in six weeks.Bitcoin...

US July ISM providers index 54.1 vs 54.5 anticipated

Prior was 54.0Costs paid 70.3 vs 67.7 priorNew orders 57.2 vs 55.1 priorEmployment 47.4 vs 51.2 priorEnterprise exercise 59.1 vs 55.4 priorThe S&P International closing PMI for July was launched shortly earlier than...
spot_img

Latest articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

WP2Social Auto Publish Powered By : XYZScripts.com