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The number of people killed when a restaurant in northern China collapsed has climbed to 29, state media said Sunday, with efforts to find survivors brought to a close. The two-storey building in Xiangfen county, Shanxi province, came down on Saturday morning during an 80th birthday party, according to official news agency Xinhua. A total of 57 people have been pulled from the debris of the Juxian restaurant, with dozens injured. Footage on the CGTN website showed the roof caved in, with rescue equipment lifting rubble from the site. Rescuers in orange overalls and hard hats combed the crumbled ruin as a painting remained hanging on one of the few walls still intact. The Downfall of ChinaThe Downfall of China Video
Is China's Economy On The Verge Of Collapse?We discuss the massive amount of public debt accumulating in the world, and how this has never been seen or dealt with before.
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We also talk about how the spending deficit is also highest since WWII. The US is setup for a massive debt collapse, but it will not start here. We also review several articles from the CFR, BIS, and IMF warning of the impending collapse in the system and how The Downfall of China makers have very little power to control what comes next. All of this coming on the heals of Fed Chair Powell this week telling us the old economy is dead and we are never Tue back to it. He is right, of course. And this is why we have gold and silver — to protect us from the economic collapse coming.
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