Caution: A Global Recession is Coming

Global Recession is Coming
Caution: A Global Recession is Coming

Stand with Hong Kong and fight for freedom!

No doubt you’ve seen this phrase plastered everywhere.

If you haven’t, well it’s probably one of the most provocative phrases circulating right now.

The reason for this is simple. China is actively flexing its muscle over Hong Kong…

What’s interesting to see is that the world is standing up and saying back off.

I’ll expand on this later.

You, too, may be cautious of China, as I am. I believe we should be standing with Hong Kong.

It’s not all doom and gloom, by the way.

Times like this can create excellent opportunities for investors. After all, investors tend to flock to gold during times of uncertainty.

But today I want to talk about Hong Kong and China’s tense relationship.

This time we must learn from history

China originally ruled over Hong Kong until 1842 when the British Empire took control.

156 years later on 1 July 1997, the crown colony of Hong Kong reverted back to Chinese sovereignty, ending over a century of British rule after the First Opium War in 1842.

In an agreement between the UK and the Peoples Republic of China (PRC), the socialist system of China would not be practised in Hong Kong, stating a ‘one country, two systems’ principle would be in place for 50 years.

That 50-year period is set to end in 2047.

The Joint Declaration also states that Hong Kong will use Basic Law, allowing the region to continue with its capitalist system.

Fast forward to 2014…

The Hong Kong Umbrella Revolution occupied the streets as the British Foreign Office claimed the Chinese now regard the Joint Declaration as ‘void’.

With all that, no wonder why HK citizens are protesting.

After all, they’re expecting another 28 years of freedom before the PRC communist laws take over.

But the problem goes deeper than that…

So deep that it appears China doesn’t just have their fingers in Hong Kong, but Australia as well.

China Forces Ownership in Hong Kong

I’ll touch on that shortly. For now, you need to read this…

Beijing is currently planning to remove Hong Kong Chief Executive Carrie Lam.

Look, I don’t know too much about the political system over there…

But if China does indeed replace the leader with their own puppet, it could mean the end of Basic Law in Hong Kong.

This is a trend that you should follow…it could spell the end of Hong Kong and unleash a frenzy of speculative bets into gold. It could also be the catalyst that tips the world into a recession.

Now onto Australia…

Last fortnight I told you about China’s influence over Australia. Specifically, Australian universities.

It was causing quite a stir and the former chair at the Australian Research Council, Professor John Fitzgerald, said this may be posing a national security risk.

Well, I wanted to expand on this today…

Earlier this month Drew, a young Queensland uni student, requested a court order against a Chinese diplomat.

On the surface, you may be thinking so what? However…

According to Drew, Dr Xu Jie endangered him by describing him as an anti-Chinese separatist.

Because Drew is supporting the Hong Kong protests…

Alright, that’s the gist of it, now for the problem.

The Chinese Communist Party is in Australia

Dr Xu Jie works at the University of Queensland — and you’ve previously heard in Profit Watch that Aussie universities are selling themselves out.

The problem is Dr Xu Jie accused Drew in a formal statement of ‘capital crimes in China’.

The reason this is important to understand will make sense after you hear this…

Dr Xu Jie is a ‘visiting’ professor at the University of Queensland and extremely important in the Consulate of China.

To rephrase that for you. Dr Xu Jie is part of the Chinese Communist Party (CCP).

Don’t be fearful, it’s just a fact we need to live with.

The Chinese have infiltrated our beautiful country. And we let it happen. And that’s why I back Mike Pence’s comments, stating the US stands with Hong Kong.

I hope you can see just how powerful the statement ‘Stand with Hong Kong, fight for freedom’ is.

Next week, you’ll find out why I’ve been covering Asia for a while now. The recent announcement that Hong Kong may fall into a recession could be the wildcard that edges the West into recession, too.

Until next time,

Jonathan Evans Signature

Jonathan Evans,
Analyst, Profit Watch