China warns about a financial meltdown after FED's warning.

https://www.businesstimes.com.sg/government-economy/chinas-banking-regulator-warns-of-global-asset-bubble-risks

Alright, we admit that it's our bad to spook the US FED and China because we're the first to warn about an impending financial crisis in 2022.

http://sg-stock.blogspot.com/2021/05/hahaha-we-had-just-spooked-us-fed.html

This is not our first time to spook the US FED.  Our first time was on 7 March 2020 when we disclosed that the US FED was short of USD after performing our analysis.  Thereafter, the New York FED expanded its repo market fundings a few days (10 and 12 March 2020) later after our posting.

http://sg-stock.blogspot.com/2020/03/weve-correctly-predicted-end-of-good-us.html

http://sg-stock.blogspot.com/2020/03/weve-correctly-predicted-end-of-good-us_10.html

https://clicklancashire.com/2020/03/12/new-york-fed-boosts-daily-cash-injections-us-175b-daily.html

We really need to take the central banks' warning seriously because the largest and 2nd largest economies are warning about the same financial meltdown at around the same time.