Real Estate in China is the Bomb that's About to Go Off

[Anonymous No.50920156]

>>50911275
>China
>70% of millenials own property
This is so unbelievably wrong and inaccurate, it's hilarious. I lived in the 国 for 3+ years and nobody can afford to buy real estate since a shitty concrete condo costs 50x the average annual income. Rectify that with the fact that unemployment for this age group is now 20%, and that when you buy property in China, you start paying the mortgage BEFORE the builder even breaks ground -- hence the mass protests across the Middle Kingdom from people having paid a mortgage for years with 90% of their income for a ghost property. Real estate comprises nearly 33% of China's national GDP. Evergrande (恒大)shed a huge light on the problem but it's really bigger than just them. This is going to be the bomb that causes a global depression.

[Anonymous No.50920251]

>>50920156
>Evergrande
1 more year and its 2 years since the default
>Henan Bank
I thought China would collapse 4 weeks ago?
>China floodings/Dam collapse
2 more weeks/years/decades?

[Anonymous No.50920254]

>>50920156
but murica bad...

[Anonymous No.50920395]

>>50920156
>pop economics
You have no in-depth knowledge of finance
You have no in-depth knowledge of economics
All your takes come from twitter and youtube basedboys who read blogs from idiots who have been predicting this for a full decade
You don’t have any special knowledge and you don’t speak Chinese.
go touch grass

[Anonymous No.50920496]

>>50920251
It's happening as we speak right now. It's a train wreck in slow motion. Commercial real estate is getting especially fucked. Similar to what you see in NYC, locations that were once full of storefronts and business are now vacant with "For Lease" signs. Eventually, major holdings companies will flinch and sell to cover their debts. That will cause the domino effect to set the crash in motion.

>>50920395
You ok?

My call is that Xi will take policy action within a few months after consolidating his power at the 20th National Congress this November.

[Anonymous No.50920586]

>>50920156
every single anti china thread is just american cope with being replaced desu

[Anonymous No.50920653]

>>50920156
I have a feeling that the fallout of Chinese real estate getting fucking is going to be an even harder spike or western real estate. Specifically in the US.

[Anonymous No.50920689]

Load ze evergrande fud... again

[Anonymous No.50920706]

>>50920156
This has been the case since 2011. I dont know if you are a child or just new to thinking about macro, but this is not news. For the last 10 YEARS, people have said china was set to collapse TOMORROW. China is in a bad spot, but there is no reason to assume its imminent. Unless you are retarded, then go right ahead.

[Anonymous No.50920895]

Hyperinflation will wipe everything clean.

[Anonymous No.50920946]

>>50920653
intredasting. this makes sense to me actually

[Anonymous No.50920974]

>>50920946
Chinese millionaires and billionaires have a long history of parking their money in America to escape the party bullshit.

[Anonymous No.50920981]

>>50920706
This.
As a matter of fact basically all economies have “collapsed” already. It’s just that you won’t see any deflation happening anytime soon because it costs them nothing to cover debt by printing money.

[Anonymous No.50921585]

>>50920706
The things that people said would fuck China are exactly the things fucking China right now. The only reason it didn't happen sooner is because China has a closed off dictatorship so they can easily cook the books. But covid fucked everything up and forced them to produce GDP numbers that weren't just lol 5% and closing down entire regions because one man coughed. The economic devastation of their zero covid policy means it's finally ok to report losses and it's a domino that's taking down every part of their economy. A huge sector of Chinese wealth is real estate and the biggest before that is financial management of that real estate. The only way they recover is by rolling in the tanks and nationalizing housing while forcing everyone that complains to stop breathing.

[Anonymous No.50921746]

>>50920156
ok shlomo lol..
The financial shitshow in China isn't even 1% of the absolute demonic state of the US rn.
There are 2 RE bubbles already collapsing as we speak, and it's in the US and Australia.

[Anonymous No.50921812]

>>50921585
You summed up the situation literally every country is in. I'll never understand this kind of nationalistic partisan bullshit since the plandemic proved beyond the shadow of a doubt nations DONT exist anymore. They all are controlled by a borderless clique of jews who don't think in term of countries since the 90s, so why should you?

[Anonymous No.50922240]

>>50921746
>>50921812
>>50921585
40 million useless appartments, entire cities that do nothing but destroy early investor wealth and waste resources and lives, bridges to nowhere, highways that end abruptly...
This was theft lmfao. We do the same shit over here to a certain extent but DAMN there are people that made like half a trillion and just syphoned it straight out of the economy.
THEN all those guys incorporate on sandy islands and buy canadian real estate LOL

[Anonymous No.50922254]

>>50920156
Kek foreigners holding the bags. Why would you trust China with your money?

[Anonymous No.50922536]

>>50921812
>Muh juice conspiracy
China is run 100% by bug men and they're still falling for covid. Every country ruined their economy but eventually realized suicide bad. China is still in a nose dive. They're not going to recover from this and the tightening of their economy is actually killing the third world shit holes they decided to debt trap. Sri Lanka was just the first. Pakistan is next. The entire belt and road will default within a year and they'll have yet another economy crisis on their hands.
Fuck China. You love yo see it.

[Anonymous No.50922632]

>>50921746
China's economy is nearly 20% real estate. American is about 7%. When America's real estate market collapsed we had a bad recession. What do you think happens to China when 20% of their economy collapses. Keep in mind it's probably even larger than that considering how fake their numbers are. How bad do you think it gets when they try to collect international debts to stay afloat and all of the shit holes their lent to just default instead? How bad will it be when all of the western companies pull out because the factories STILL aren't open because of the meme flu? How long do you think they can keep this going when their boomers are all about to retire and the young men can't afford to buy a home making them unable to find the few women which by the way is actually less than we thought because they over counted their census by nearly 100 million. The amount of cope I see trying to defend China is always hilarious.

[Anonymous No.50923057]

>>50920395
so you literally didn't refute the post chink. all you did was spew insults which I guess is typical of your shitstain of a country. But please refute the data wang and maybe we will try to understand you.
Until then fuck off back to Beijing pleas

[Anonymous No.50923070]

>>50920156
>2 more weeks bro

[Anonymous No.50923184]

>>50922632
residential real estate alone is about 40T and its estimated that commercial real estate is another 15T
stocks only account for about 50T

[Anonymous No.50923214]

>amerifaggots so buttharmgled over their failing economy they have to project onto their rival

[Anonymous No.50923328]

>>50923184
Maximum fucking kek. If you're in the west buy a home now. 1 billion bugs are going to scurry on over and buy everything in sight. If you're fast you'll have 10 starving bug women to choose from.

[Anonymous No.50923381]

>>50923328
i thought the chinese have ghost cities
ghosts bugs really bad things
why would they buy property here with all the cheap property over there that 10k people and a TV camera can paint as the entire nation "kek and lel"

[Anonymous No.50923682]

>>50920156
larping glownigger trying to bait and be funny. nice try glowbot, should try reading something that came outside of an globohomo infographic.

[Anonymous No.50923733]

>>50920981
yep, the collapse happened a decade ago zoomers. We are in a rotting carcass rn.

[Anonymous No.50923813]

>>50923381
Because they were never buying homes to live in. They were buying them as investment properties. So much so that builds leveraged their money to build new properties and sell pre built (not yet constructed) properties that they would then leverage again. Now that the scheme is fucked a lot of people are losing their ass and they're going to run with their money to more stable markets. If you think you can out complete Chinese retards that put their entire life savings into half constructed concrete shells when they move their money to Western markets, good luck.

[Anonymous No.50923814]

>>50920981
>costs them nothing to cover debt by printing money.
Printing money creates debt, it doesnt cover it.

[Anonymous No.50923825]

>>50923214
Chang cries and has no argument.

[Anonymous No.50923989]

>>50923813
wait so they cannot afford to pay the monthly on the mortgage on top of their existing bills but then they are going to sell an unfinished condo to other people of the same caliber and then use that money to buy a really expensive american property

[Anonymous No.50924048]

>>50920496
>My call is that Xi will take policy action within a few months after consolidating his power at the 20th National Congress this November.
That implies Xi can and will consolidate though, what if it doesn't pan out, the business interests are angry over the lockdowns and Zero Covid, the PLA from what I've heard are split on Taiwan, some seem to want a habbening and some seem to belive(or know) that corruption has rotted the PLA from the inside but both factions know war with the US would be a disaster. Not to mention the Maoists the Dengists and the Red Princes all are angry with Xi for their own reasons. You said you lived in Glorious Zhounghou what's the climate from your perspective?

[Anonymous No.50924868]

>>50920496
What's Stephen Colbert doing there?

[Anonymous No.50924881]

why don't they print more cardboard houses

[Anonymous No.50925103]

>>50923989
You seem to not understand what was happening in China.
>Rich boomer takes their life savings, money from family, advanced loans, and other assets and buys real estate
>They'll buy literally anything because line only go up
>Builders realize these people will buy literally anything
>Start selling mortgages on homes before they're constructed
>Use the future expected value on these homes to get further credit to build even more pre constructed homes that are again leveraged
>Regional banks notice the infinite money printer and start offering their customers 5% interest rates on regular checking accounts
>Everything is great until it's not
>Housing starts to collapse with evergrand
>They default on loans
>This hits other smaller firms that were also over leveraged
>They halt construction on current projects people were paying for
>Those people freak out and stop making payments
>Banks that were offering high interest didn't tell their customers they were invested in risky assets and now their money is gone
>China turns people's health score apps red so they literally can't have a bank run
>Roll out tanks in some regions to stop any protests
>Sign legislation labeling those bank accounts as investment accounts meaning none of the money is insured
They're literally in free fall. Anybody that hasn't totally lost their ass is taking what money they salvaged and moving it out of the country. Do with that info what you will

[Anonymous No.50925604]

>>50925103
Worse, because the Chinese stock and bond markets are about as trustworthy as Nelson Aldrich and LMAO at trying Forex with Yuan the Property market is(was) the only reliable investment in China. Ok so what? Well Chinese provincial governments are both corrupt and underfunded by the corruption and shortsightedness in the CCP but are forbidden to take out loans to operate, and privately funding your political career is a one way ticket to the firing squad. So the local gov sets up LGFVs(Local Government Financing Vehicles(shell companies)) to invest in, develop and landlord over realestate by giving loans. So now with current situation that means that local Chinese governments are bagholding on literal cities of dust.

[Anonymous No.50925607]

>>50925103
even if that is all true the biggest difference is that the central bank inst bailing it out unlike america. unlike letting unsustainable corporate survive, they are letting the free market root it out. short term pain, long term gain.

[Anonymous No.50925757]

>>50925607
>Isn't bailing out the institutions
Are you stupid, illiterate, a shill, or all three? Read the post again. Note that there's no recourse for the people that bought homes expecting construction to complete. There's no recourse for the people that had regular checking accounts at these banks that had money yesterday and today their balance is zero and the government said their accounts were investment accounts so there's no refunds. Note that there's zero chance to protest without white shirt glowies fucking you up or the government explicitly rolling tanks through your town to remind you of that event that totally didn't happen but if it did happen it would be a real bad time. Seriously shut the fuck up defending China.

[Anonymous No.50925781]

>>50920156
You sperm burping kikes have been saying china is going to crash for decades.
Nothing ever happens

[Anonymous No.50925809]

>>50925781
The things people said would cause China to collapse are literally the things causing it to collapse right now, faggot. If anything the globohomo kike agenda is literally to pump up China.
>mfw I remember people talking about ghost cities in China 12 years ago and (((authoritative sources))) said there was nothing to worry about
S I N K
I
N
K

[Anonymous No.50925854]

>>50923814
While true, not debt that anyone alive today will need to pay off

[Anonymous No.50925887]

Finally an interesting thread OP, glad someone is still talking about this. Everyone forgot about Evergrande and now assume it's all over. It's got a long way to fall yet.

[Anonymous No.50925933]

why why why did China go with a zero covid policy? This has baffled me. They literally don't even go for zero swine flu, they just ignore it.

[Anonymous No.50926024]

>>50925933
>Covid hits
>Set zero covid policy
>Weld people into their homes
>Great success
>Spend next 2 years creating a national identity and party success message around how you defeated covid and how the west are retarded for living with the virus
>New variant arrive
>Spread impossibly fast
>Have to double down on that policy otherwise you population of fighting age men that can't buy homes and can't get laid are gonna start getting angry.
China has a uniparty but there are factions within that all want control. Xi can't afford to look weak before the party vote session.

[Anonymous No.50926040]

>>50925933
Xi is building a cult of personality as his faction in the CCP, this is why he does a lot of strongman posturing in Mao era clothing, why Chinese diplomats he selects act so high handedly, why he trumpets military action to appease PLA warhawks and look tough on the world stage and Webio. Its because at the beginning Xi said China was going to eradicate the coof that the Gweilos were getting worked up about, blaming China(and Him) for the outbreak so he can't back down like the rest of the world did because their economies were hurting. Why Xi is doing MAJOR purges of the CCP in his anti corruption campaign to eliminate enemies in other factions.

[Anonymous No.50926077]

>>50926040
>My face when a 200 year old epileptic reptilian blows him the fuck out and makes him look militarily limp

[Anonymous No.50926100]

>>50926077
>Epileptic
Don't think Pres. Pelosi has epilepsy

[Anonymous No.50926101]

NOOOOOOOOOO ALL OF MY HOLDINGS and WEALTH ARE IN CHINESE REAL ESTATE!!! MY FAMILY TOLD CHINA REAL ESTATE ONLY GOES UP NEVER DOWN!!!

[Anonymous No.50926139]

>>50926024
Exactly right hence the shit fit over Pelosi visiting Taiwan岛 which is 中国的 anyways, folks just haven't accepted it yet

[Anonymous No.50926192]

>>50920156
>its another real estate fud episode
yawnerinos

[Anonymous No.50926203]

>>50925103
Ding ding ding we got a winner. This is accurate analysis.

[Anonymous No.50926266]

In Sydney Australia, which is 中国的 anyways, there have been massive lineups at the Bank of Chiina branch as Chinese citizens try to get their money out
https://archive.is/zFgtt
Watchiing the contagion unfold will be fascinating. Right now there is no way to see which foreign investors are tangled up in the mess and who will get dragged down, or who is most levereaged, but it will all come out in the wash.

btw why archive dot ph doesn't work? only dot is?

[Anonymous No.50926281]

>>50926192
If anything I'm bullish on non Chinese real estate. Where do you think the money is going to go after the fact?

[Anonymous No.50926385]

>>50926281
It's already happening here in bongland with the Hong Kongers we brought in, yeah they're richer than the average Chinese, but even so with a population that large the mainlanders are gonna skyrocket prices if they can get their capital out. The Hong Kongers are paying 10% over asking price and where one family sets up the whole town follows shortly after them

[Anonymous No.50926662]

And then today on zerohedge
https://www.zerohedge.com/markets/foreigners-sold-record-amount-us-stocks-last-12-months-china-dumped-more-usts-june
Say what you want about this site at least they cover some news about China.

[Anonymous No.50927969]

>>50925809
I wonder how heavily western investment and pension funds are exposed to this mess, some maybe even on purpose.

[Anonymous No.50928168]

>>50927969
Unfortunately I wouldn't be surprised. But the writing has been on the wall so long they've had more than enough time to swap positions.

[Anonymous No.50928298]

>>50928168
We're also seeing western institutions paying farmers not to farm and forcing reductions in nitrogen emissions while even the UN is warning of mass famines.
You're right, they certainly have had plenty of opportunity to get out.

[Anonymous No.50928312]

remind me why i should care about some communist emerging market? two weeks?

[Anonymous No.50928680]

>>50925757
lol out of touch glowbot fucking mong. your sources actually come from globohomo think tank, which are either flat out exaggerated or made up like past iraq WMD glownigger shit. so wheres your source, anon?

% of chinese GDP on real estate
>glownigger 1: 22-30%
>glownigger 2: 30%
>glownigger 3: 11%
>glownigger 4: 7% in 2030
which one is it, ya dunce?

glowbot completely tossed out that the fact that we actually had a subprime mortgage crisis, where there was no excuse for made up ratings from credit agency that was consciously sold as a rugpull to investors. investors were bogged but the state bailed out the institutions instead. yet the sun still rose the next day and the world lived on. TWO WEEKS
>but muh tanks
99% of the lards on electric wheel chair watching tv doesnt even underestand or know what actually happened on that incident, then go larp as a china expert

[Anonymous No.50928704]

>>50928680
t. american btw but can actually walk

[Anonymous No.50928744]

Peak China.

[Anonymous No.50929011]

>>50928312
Because chances are that our retarded leaders attached our bags to theirs.

[Anonymous No.50929029]

>>50928680
>But America
It's about 17% according to a Chinese state run outlet.
https://www.scmp.com/economy/china-economy/article/3163411/china-gdp-economic-growth-tipped-slow-amid-coronavirus
But that's assuming their numbers are accurate for other sectors. Spoilers, it's not.
What will you do with the $0.50 you got today?

[Anonymous No.50929104]

Not one person in this thread has even been to china in the last 6 months. This thread is gay, and everyone who posted in it should feel stupid.

[Anonymous No.50929106]

>>50928680
>>50928704
>t. American
Lmao ok ESL

[Anonymous No.50929391]

why is china such shit?

[Anonymous No.50929499]

>>50925103
And yet it's been nearly two years and fuckall has happened. What gives?

[Anonymous No.50929528]

>>50920156
>China fud
This time for real. It's actually really going to happen actually this time. I mean it. 2 more weeks.

[Anonymous No.50929540]

>>50929499
>And fuck all has happened
Just because you don't pay attention doesn't mean nothing is happening.
>Angry protests
>Runs on local banks
>Tanks to remind people about the thing that never happened
>People getting rugged on their checking accounts
>Construction halted on properties that people have been paying for
All while the biggest defaults still haven't even happened yet. I really wonder if you guys are being paid by the CCP. You come in, say "lol nothing is happening" with zero evidence and then vanish just as quickly when you're proven wrong.

[Anonymous No.50929565]

>>50929540
>>Angry protests
>>Runs on local banks
>>Tanks to remind people about the thing that never happened
Damn, Xiaoping's going to be overthrown by 1990, '91 tops

[Anonymous No.50929583]

>>50925887
>glad someone is still talking about this
yeah same, loving this thread
a bit terrified too

[Anonymous No.50929584]

>>50929565
How much foreign investment do you think will come to China when they tank their people in 4k and the factories STILL aren't open because this time for real they're gonna stop covid.

[Anonymous No.50929691]

>>50923214
unfortunately it seems both economies are about to eat shit. I say unfortunately because major empires on the brink of collapse or revolt usually start major wars with other empires.

I'm praying the CCP think's it's strategically better to let the USA have it's own civil war rather than start WW3 so we don't all die.

[Anonymous No.50929785]

>>50922536
It might be by design so they can clean house when the whole structure collapses

[Anonymous No.50929870]

>>50929785
How would having all of the countries they lent trillions to default on their debts all in the span of a year? The yuan will take a huge shit and the USD will strengthen as people by Treasury notes to save themselves from the bleeding. Add on the QT and rate hikes and people are going to magnetically be drawn into USD if they've got a brain for business.

[Anonymous No.50929911]

>>50929870
Your scenario presupposes the USA will get its inflation under control

[Anonymous No.50929981]

Been keeping up with this on YouTube, this might end the CCP if everything plays out right.

[Anonymous No.50929983]

>>50929911
That's the thing. It won't. But it's the cleanest dirty shirt. America's monetary policy has been fucking retarded. But look around, were on the short bus.

[Anonymous No.50930341]

>>50925757
>or the government explicitly rolling tanks through your town to remind you of that event that totally didn't happen but if it did happen it would be a real bad time.
kek'd

[Anonymous No.50930392]

>>50929540
knowing chinks, they'll let the individual bugs get screwed, but bail out the larger firms to avoid default, and save face
if solo chinks get fucked, no one outside of china really knows or cares, while large international investment companies defaulting would look bad "on the party"
but it's pretty funny this shit could have carried on for decades, but the kung flu accelerated it

[Anonymous No.50930413]

>>50920496

[Anonymous No.50930424]

..

[Anonymous No.50930447]

>>50920156
it says "1,300" project, but what all does a "project" entail?
like, is it a dozen buildings? entire "city blocks"
i have no idea what the scale of those are

[Anonymous No.50930475]

...

[Anonymous No.50930485]

>>50930475
>.................
explain shit in context not just spam some "muh debt" posts

[Anonymous No.50930497]

>>50929983
I somehow get the feeling human beings aren't equipped to manage a system as complex as the modern economy.

[Anonymous No.50930502]

>>50930485
It's inflation rate on the last pic. And the rest are pretty self explanatory. 2nd pic unchecked money printing from the Federal Reserve. And 1st pic is global debt leader board

[Anonymous No.50930513]

>>50930502
alright, thank you

[Anonymous No.50930539]

>>50930502
the national debt is an obvious issue, while idk how much of being "muh reserve currency" changes that up/down
and looking at the "external debt"- is that how much other countries are willing to take on loans in that country's currency?
if so, seems a trend of the "can't trust these fucks" of china, India, Brazil of "not many other countries trust them enough to take on their debt"
i'd wonder, for population- wasn't there some shit about a "miscounting of 100 million people" or some shit? if they can miscount 100 million, i'd wonder what other shit they're not keen on
always have to be impressed how wild the fucking japs are too

[Anonymous No.50930566]

>>50930475
this one chart too, shows the chinks had 8% inflation before about a decade back, then up to a 6, then about a 5% prior
highest us had before was a 5%, 4%, and now it's peaked up all to shit near that 8%

[Anonymous No.50930573]

>>50930424
this one too, shit's parabolic but wasn't there some "muh we changed how we defined M2" so some shit like M1 or something got lumped in and made the spike look bigger
or likely that's just a kike cover for it, who knows
no doubt shit's up regardless

[Anonymous No.50930642]

>>50930539
External debt as percentage of Gross Domestic Product (GDP) is the ratio between the debt a country owes to non-resident creditors and its nominal GDP. External debt is the part of a country’s total debt that was borrowed from foreign lenders, including commercial banks, governments or international financial institutions. Debtors can be individuals, corporations or the government. The external debt comprises the outstanding amount of those actual current and not contingent, liabilities owed to non-residents by residents of country, which require the debtor to pay principal and/or interest at some point(s) in the future. External debt is also referred to as foreign debt.

I know its copy paste definition but I can't really simplify it enough to define external debt to gdp without the whole wall of texts.

Anyways since you have curious mind and want a heads up on when USA will collapse here's another freebie you can look at although it lags for 3 months on current data and when they publish it :

https://www.newyorkfed.org/microeconomics/hhdc/background.html

[Anonymous No.50930668]

>>50930573
They stopped updating the printing chart when Trump released the CARES Act for covid. Biden also printed another 1.9 trillion for his own version of cares act in 2021

[Anonymous No.50930684]

>>50930642
>I know its copy paste definition but I can't really simplify it enough to define external debt to gdp without the whole wall of texts.
fair enough. shit's complex and i obviously don't understand it all myself, but never hurts to learn
>heads up on when USA will collapse
it's all going to collapse eventually, but it's a "who falls first" kind of one. likely whoever falls first, the other will just cannibalize the corpse
and yeah, private debt has gotten insane. I forget the numbers but something like half the population can't cover a random $500 unexpected bill in a month, so i wonder now how many are having to resort to putting shit like food and electricity on their credit cards, with a nice 30% interest thrown on top of it
will the "personal debt" be what topples it though? seems that'd mostly effect the credit holders, but shit is so entrenched i don't even know who has exposure to what anymore

[Anonymous No.50930717]

>>50930642
that link is very interesting though, thank you

[Anonymous No.50930767]

>>50930684
I'm leaning on another 2008 mortgage style default. I know China has its FUD but I can't speak Chinese or know where to look for economic data on China. I also believe we will make a new all time high on one of the US index and that will be start of the next great depression. But maybe Burry is right. He already sold everything he had except prison stocks.

[Anonymous No.50930817]

>>50930767
>I'm leaning on another 2008 mortgage style default.
I could see that, if recession keeps up, while also inflation keeps eating at more and more of peoples' ""disposable incomes"" where there isn't even enough for people to cover their debt (credit card, car, mortgage, student loans, etc), and shit goes bad
though, with 2008, wasn't a lot of it due to those adjustable rate mortgages? along with it being systemic, where it was mixed into those "mortgage backed securities", that went unknown as a risk
vs now, it'd be fairly known it's all going to shit, and not a "hidden risk"
shout out to schiff for calling it early too
https://youtu.be/jj8rMwdQf6k

>He already sold everything he had except prison stocks.
hilarious and depressing at the same time

[Anonymous No.50930838]

>>50930767
i remember there was some wild shit in the repo market, in september 2019, where things somewhat reared their ugly heads (another case of "unknown risks" and big money banks not trusting eachother behind closed doors), but the fed dropped interest rates down shortly after

now what I hear is the somewhat opposite: it's the *reverse*-repo, that the fed is building up, which i forget how many trillions now. likely if they crank up the rates too high, and deflation scares them, they can slam down those overnight reverse-repo rates and flood the economy with a flush of cash

[Anonymous No.50930924]

>>50930838
come to think: i could see it being corporate bond bubble that DOES do it
almost everyone knows the "public debt" issues, but bond defaults could blindside institutions
add in- forget where i heard it, but the fed keeps a much much closer eye on how corporate bonds perform, vs treasury bonds and their spreads/inversions

[Anonymous No.50930959]

>>50920156
china is headed for a recession, like europe and the us, but we don't know how bad it will be.

you just can't trust the propaganda/news coming from either side. we only know that they are trying to manage the bursting of a real estate bubble. i don't think that it will be as bad as americans want it to be, but xi will never be able to stop the chinese from being retarded and degenerate gamblers.

[Anonymous No.50931002]

>>50930924
my late note:
i can see, come to think, on the fed paying much much more attention to corporate bonds, than just treasuries and their inversions
treasuries they can think "well someone somewhere is always going to buy them, and are lower-risk. while, with corporate, when it gets bad almost no one will buy. if a lot go bad at once, then the big money pensions and banks that own them will die, and with that a massive part of the capital/GDP with it
and, it's that "capital/GDP" that keeps the faith of collecting the taxes to even PAY for the treasury bonds in the first place
so, from that thinking, it'd make sense

[Anonymous No.50931007]

>>50930817
>your pic
who would have thought slaves were more profitable than employees? And all it cost was the end of the nation! That's a profitable deal if I ever heard one.

[Anonymous No.50931037]

I said 10 years ago that "global real estate will pop" - it hasn't. People said China would pop last year - it hasn't.

It's all a big nothingburger as usual. Nothing ever happens. Not even the "recession" will make things happen. You'll see. That is, you won't.

[Anonymous No.50931051]

>>50931007
i guess that's why bobo burry bets on it- he might figure the government might not prop up those other corporations very well, but that the gov are sure-as-shit going to keep paying the money, for those prisoners to rot their lives away
so, in that way, he'd be profiting

but it's the absolute absurdity, what does it
some of those dudes are in there for fucking pot, and a few drugs to get high. some of the most goddamn dumb shit to lock someone up for

[Anonymous No.50931073]

>>50931037
99% of the time, nothing ever happens
but that 1% of the time, it happens spectacularly
who really cares though. not much shit we can do about it, on our scale

[Anonymous No.50931379]

>>50929029
>Chinese state run outlet.
you think your points comes from actual free press? not some corporatized globalist State sourced BS? get a hold of yourself. you dont even know how the eurodollar market works. how the global economy runs on dollar debt.
do you seriously think that your media comes from free market? that it is free from conflict of interest from the glowniggers? youve been conditioned to disregard anything from your enemies.

you can take some talking points from NYP or whatever media, c&p and greentext it as a boboposting anon of /biz/, and that the enemy is finally going to die. is that what you want to believe or is that what can actually happen? if you are that confident you can short your net worth on EGRNF

[Anonymous No.50931424]

>>50931379
>you dont even know how the eurodollar market works
QRD or reading on this?
this is a rare not-shit thread on /biz/ i have to get it while the getting is good

[Anonymous No.50931716]

>>50930497
that is precisely why it is best left to the Invisible Hand instead.

[Anonymous No.50931756]

>>50931424
the reason i mentioned eurodollar is to illustrate how much the world trade is monopolized on the US Dollar, and how the US uses sanctions and interventions to force a regime change on weaker nations that would trade commodities on eurodollar/petrodollar. and how the media (which is completely corporatized and goverment controlled) has a play in these supporting these interventions. this was too much to explain in that one post so i just simply said he didnt know how the eurodollar system works.

basically because of how much global commodity is engineered under the dollar after the brentwood agreement (a changing world order), the world needs to trade in these dollars and there is a short squeeze on these exported dollar. the eurodollar is a lot bigger than the domestic dollars held in the US (thereby an export of inflation and why US is so "rich") and the fed doesnt have a direct control over it.

look up brent johnson on the wealtheon interview on youtube, and the changing world order for a historical context. basically the glow niggers fedshit is lying again and the real threat isnt inflation but a deflation.

i think there will be anotehr blow off the on US equities followed by a global liquidity crisis sometimes within a year.

you might think im funny but, i unironically get educated from /biz/ sometimes. i started off looking up some posts on /biz/

[Anonymous No.50931821]

>>50931756
ty for the effort post
/biz/ can be quite great, if one is able to wade through most of the shit on here now
in 2016 it was a lot easier to find good posts/alpha, and potcoin threads from that time got me into buying both ETH and BTC so i have to give this place some credit there

[Anonymous No.50931860]

>>50931756
>basically because of how much global commodity is engineered under the dollar after the brentwood agreement (a changing world order), the world needs to trade in these dollars and there is a short squeeze on these exported dollar.
I hear that one a decent bit from that "dollar milkshake theory", of where all global debt is in dollars, and with the FED tightening means less loans = less dollars that exist (since, we all know banks "create money", via lones) = less supply means they all try and suck up more and more to pay responsibilities before the others can get any
>the eurodollar is a lot bigger than the domestic dollars held in the US (thereby an export of inflation and why US is so "rich") and the fed doesnt have a direct control over it.
I heard that mentioned somewhere before as well. It's where that eurodollar sounded familiar to me, but i can't quite explain it. something with european banks making dollar loans? or something like US banks taking in as collateral from euro banks as the euro banks print loans in dollars?
I'd have to read more
>the real threat isnt inflation but a deflation
i heard that too, in the theory of why the fed is keeping the reverse-repo rates so high, where pretty much you have a non-zero risk asset (bonds w/ a duration over a month), vs a true zero risk (overnight loan with the fed, always pays back next day, and gives a similar percentage to current bonds)
so, if deflation did rear its head, the fed could smash down the reverse repo rates, and flood the system with dollars
but likely if they over did it, it'd be like you said with a giant spike, into a depression

[Anonymous No.50932063]

>>50931860
basically the eurodollar are the dollars exported to europe (hence "euro"dollar), but has eventually made it to the rest of the world after a new global financial agreement after WWII, and set the framework for global trade after we went off the gold standard. because dollars are in demand for virtually the entirety of world trade (global reserve currency), the US gets to capitalize on it with the inflow of capital and export of dollar currency. the globally exported dollars needed to trade is the "euro"dollar and because its so distant from the internal banking system in the US the fed doesnt have direct control over it.
i dont think anyone can fully grasp how the eurodollar system works, its like C++. its a wonder that some people even know about it because the State certainly keep us uneducated from it. all we know is that the glownigger fuck with it to keep oligarchs wealthy (and probably rothchilds?) and keep us privileged over 3rd world countries to some extent. but the key take away is that the eurodollar is deflating even though the internal dollar supply seems to be inflating, and the fed can do little about it, so it draws high demand on the dollar when it is needed for global trade. hence, why i mentioned deflation

[Anonymous No.50932262]

bump

[Anonymous No.50932270]

>>50932063
same anon as above
ty again for more effortposting

[Anonymous No.50932282]

>>50923214
>burger kids buy more burgers with Monero
I love that every day we are more cursed

[Anonymous No.50932301]

>>50920251
>>50920395
Great and honourable posts my fellow truthful party friends.

[Anonymous No.50933738]

>>50930392
They're doing that already. That's why they reclassified those accounts as investment accounts. Now the banks don't have to pay back any grandma chang lost her ass with no recourse. Can't even protest it.

[Anonymous No.50933747]

>>50930413
Only one of those countries has their currency as the global reserve currency.

[Anonymous No.50933789]

>>50920706
What even is a collapse?
Everything literally still exists and numbers change.

[Anonymous No.50933807]

>>50931379
>you think your points comes from actual free press?
I think you missed the point. I'm dealing with bad faith niggers that would just hand wave away any number I posted as being glowie propaganda. You can't make that argument if the number is literally from a Chinese state run media outlet. The point isn't this at they can't be trusted. Rather it's that the number is really high and that's from a source that if anything wants to downplay the size of that sector.

[Anonymous No.50933816]

>>50924868

[Anonymous No.50933977]

>>50920156
>This is going to be the bomb that causes a global depression.
sorry about china but lol no

[Anonymous No.50933998]

>>50925604
those may be the facts but that's not the story they're going to be telling. the CCP is just going to liquidate local government after blaming them for fucking up. fuck do they care if their partial-socialism experiments fail? they're communists. they think they can fall back on a fully centralized command economy.

[Anonymous No.50934116]

>>50928744
wow, a diagramm that says nothing

[Anonymous No.50934277]

>>50933998
That's when the famine starts. It's already starting in fact because they're too retarded to farm pigs without infecting them with African swine fever. Basically forcing them to kill all of their pigs and making their already food insecure nation even worse off. Imagine how fucked things get when China is buying a new batch of pigs, while importing all of their s o y beans, while their currency falls, and local governments are absolutely bankrupt. And in the background the belt and road initiative states are all falling like dominos. All of the things that were supposed to make them money are exploding in their face. Even the high speed rail projects are going belly up.

[Anonymous No.50934300]

>>50929499
Nothing you should buy as many apartments in Shenzhen my friend, you deserve it

[Anonymous No.50934315]

>>50934277
probably, yeah. it's a country of people who largely still believe in luck, pure rolls of the dice, and that helping others is appropriating their bad luck to yourself.
at least in america when the rich see starving poor people they see profits if they can feed the poor. in other countries the rich don't care at all.

[Anonymous No.50934336]

>>50920156
Why are chinese guost cities even a thing? I never understood

[Anonymous No.50934520]

>>50934336
Insane Central Planning, and insane speculation, both kinda feed off each other pretty often as well. The more property prices go up the more money the local government makes so there incentivized to make these crazy cities, except the demand can be met with a town instead. Also since the value of houses only go up and the middle kingdom will never fall (again) plenty of people buy as many houses as they can to resell later since the average chinaman doesn't have much choice in investments. They often don't rent out these spare houses since that would lower the value. So often times you have whole apartment blocks that are completely empty but at the same time completely sold old. They even have 'apartments you can live in' and "apartments for investments.' Pretty nutty.

[Anonymous No.50934811]

>>50922240
This
The Chinese are an absolute plague on this planet, yet westerners are concerned about me calling some circus freak a faggot or some brain dead nigger a nigger.

We're rapidly approaching a point of no return where Chinese use of resources like portland cement will outstrip the available supply on the entire planet.
Something needs to change immediately, and it starts with cutting off the Chinese and strictly punishing those corporations who sold us out to chase profits in China.
People need to be imprisoned for what they've done, and China needs to pay reparations to the entire world for the next 500 years.

[Anonymous No.50934853]

>>50934811
Keep some sea mines in the strait of malacca and the country would de-industrialize in under a year

[Anonymous No.50935033]

>>50934315
Yeah that whole luck thing is part of the reason people were willing to buy incomplete constructions. In their mind it's easier to sell a home that's never been lived in much less decorated with dry wall and tile because the buyer won't have any of the bad luck of the previous owner. They were born to be rugged.

[Anonymous No.50935096]

>>50934336
Hovernment needed perpetual GDP growth and building creates that GDP while also hedging on your backwater retards eventually getting educated and moving to those cities.

[Anonymous No.50938586]

>>50933807
are you even aware that most americans and puppet states are automatically conditioned by glowie to subconsciously think "enemy x cant be trusted"? since when was that not repeated on any enemy of its time period?

>Chinese state run media outlet
doesnt matter. its the same for american and other media outlet in all but name. did you think you were reading free press? its heavily censored and molded under State vision. much like the chinese or any other outlet themselves. why do you think corporate media piggyback globohomo State agenda and censorship?

>they can't be trusted
>x can't be trusted
>y can't be trusted
fine. but if you are going to use biased globohomo talking points from your own state run media outlet, then you are quite literally unconsciously reposting glowie propaganda

[Anonymous No.50938653]

>>50938586
You have to be some kind of ESL retard since you don't understand what I was saying.
>Anon asked for a source on the percentage of China's GDP that is real estate implying it's a made up large number to create fud
>Could easily find several sources but purposely choose a Chinese state run media outlet so if there's propaganda and bias it's only to make China look better
>Even then it's still over 17%
I am fully aware that all media outlets lie and have bias. Now stop being retarded.

[Anonymous No.50938677]

>>50920653
Unfortunately that is probably the case.

[Anonymous No.50939976]

>>50920156
>This is going to be the bomb
For China absolutely
>that causes a global depression
LOL China is not a big enough consumer market to do that. In fact a recession in China might help lower costs for the rest of the world.

[Anonymous No.50940793]

>>50939976
Big true. They've been trying to create a Chinese middle class for the past 40 years but still haven't managed to create anything but a production economy with a few wealthy elites. The bright side is maybe the world can distribute manufacturing outside of just China.

[Anonymous No.50941231]

>>50938653
arent you the ESL retard?
>uses SCMP as source
>hongkong based outlet
>>Chinese state run media outlet
>actually blocked in mainland
what an absolute mong lmfao.
"but wait if its blocked in mainland it now must be true!"
epic china expert, guy

[Anonymous No.50941257]

>>50929106
>Lmao ok ESL
>KREEEEEEEEE

[Anonymous No.50941424]

>>50920156
Assuming this is true, who owns all the houses (shitty concrete condos) in China? If it’s anyone other than the state, why wouldn’t the state just seize it for the people to prevent economic disruption? If it is the state, why wouldn’t they just distribute it to the people to prevent economic disruption?
Face it, national socialism is the better system.

[Anonymous No.50941434]

NOTHING
BURGER

[Anonymous No.50941446]

>>50941231
>China doesn't produce any propaganda that's blocked in mainland China
SHUT
https://youtube.com/c/PeoplesDaily
THE
https://youtube.com/channel/UCahujLjSL34EPNxtwKRi_vg
FUCK
https://youtube.com/c/globaltimes
UP
https://youtube.com/c/cgtnamerica

[Anonymous No.50941475]

>>50920156
If you lived in China you’d know that despite being poor somehow everyone has an apartment and even the poor kids will invite their friends to 200+块 dinners. Yeah I don’t know how they do it either

[Anonymous No.50941504]

>>50941231
>>50941257
Chang, we know who you are. You might have passed the ESL certification but your shit composition betrays you. Reading your post is like having a stroke. You're an ESL wumao. It's obvious.

[Anonymous No.50941646]

>>50941424
>Who owns all of the houses
Regular citizens
>why wouldn’t the state just seize it for the people to prevent economic disruption?
Because seizing it causes economic disruption. Young people already think it's impossible to succeed because a house costs 50x the annual income. Now combine that with fears that the state will just take away your home one day on a whim? Why would you even try?
The state chose the most American capitalist solution possible. Bailouts for the firms. And better yet they even rugged the people that didn't know they were invested into real estate while doing it.
>$44 billion in bailout money for banks
https://therealdeal.com/2022/07/30/china-approves-44b-bailout-to-finish-incomplete-developments/

[Anonymous No.50941823]

>>50941446
>posts a bunch links to youtube platform
>omg youtube is blocked
>>SHUT
>>THE
>>FUCK
>>UP
shit man, these seething mongoloids are something else

[Anonymous No.50941886]

>>50941823
It refutes your entire argument. China explicitly creates propaganda in English for distribution on websites that are not accessible in China. You're seething with goyjacks. How are you going to spend your 50 cents?

[Anonymous No.50941943]

>>50941886
China is unbreakable. They are rugging Evergrande on purpose. Everything they're doing is calculated. They want a recession so their growth can be more sustainable.

America wants the gravy train to keep going forever so that when it does crash it will destroy everything.

[Anonymous No.50942038]

>>50941646
Aggressive economic control by the German government in the interests of ordinary people worked wonders in the 1930s and inspired the people to work harder than ever before. Cars cost so much that ordinary people couldn’t afford them, so Hitler seized factories and created Volkswagen. Why do you think this wouldn’t work for China? Unrelated, are you Jewish perchance?

[Anonymous No.50942060]

>>50941646
>to finish incomplete developments
Literally in the link (which I didn’t click). Sounds like they just want more homes for people to live in.

[Anonymous No.50942114]

>>50941886
well no fucking shit anon. if they create content on a platform that is blocked and intended for english audience, the platform itself still remains blocked.
but what does that have to do with hongkong based SCMP, which if you actually bothered looking up, has been actively criticizing the chinese State? do you even know what it is before you copy and pasted? so are you now saying china actually has the free press to criticize the gov?
>no u
>u mad?
>y-youre a womao!
>haha... what are you going to do with your 50 cents?

[Permabear Howard Davidowitz No.50942176]

Sigh
So it sounds like they're lying but are going to use similar burger tactics to print forever. I really don't see how neo-keynesian economics can fail at this point. People just *slowly* starve and won't do shit while their wealth is inflated away.

[Anonymous No.50942254]

>>50930838
>it's the *reverse*-repo, that the fed is building up
why?

[Anonymous No.50942258]

>>50942038
Too stupid

[Anonymous No.50942282]

>>50942060
>Homes for people
Those homes aren't for living in. They're bags. Strictly for investment to be resold.

[Anonymous No.50942281]

>>50930924
>but the fed keeps a much much closer eye on how corporate bonds perform, vs treasury bonds
why?

[Anonymous No.50942341]

>>50925854
True. My problem with so much of the "money printing" crowd is that they dont understand the basic concept of double entry accounting. Every asset must be offset with a liability when it's created.

[Anonymous No.50942397]

>>50942114
>SCMP is owned by alibaba which is (((private))) but jack ma was disappeared for a year for wrong opinions and nothing in China is truly private.

[Anonymous No.50942421]

>>50941424
>If it is the state, why wouldn’t they just distribute it to the people to prevent economic disruption?
The ghost apartments/cities are unlivable. Most aren't connected to adequate utilities and are in the process of rotting to pieces from slap dash rushed concreting jobs. They're uninhabitable and used solely to misrepresent finances.

[Anonymous No.50942533]

>>50942421
Basically REIT options contracts in physical form where you can lose your ass on the form trend but they'll never actually let you exercise the contract.

[Anonymous No.50942854]

>>50920706
No they didn’t lying fuck

[Anonymous No.50942865]

Way over priced houses like Australia what could go wrong

[Anonymous No.50942879]

>>50922536
The juice was in China since early 20th century. Guess who made up 90% of all foreigners during the cultural revolution.

[Permabear Howard Davidowitz No.50943077]

>>50942854
yes they have. A friend of mine made huge money playing their market nearly a decade ago. He admitted he knew they were cooking the books but said, "w/e, they're making me a shit ton of money..."
He got out.
Everyone has been calling it a house of cards for years now. I don't see how it's any different than the US or why it'll randomly collapse.

[Anonymous No.50943085]

>>50942397
its a corporation. of course it isnt private. just like when you ride your electric wheelchair to walmart on your lard ass and consoom corporate goods and services. and the (((corporate elites))) here gladly oblige to the globohomo while they siphon all your wealth though inflation. because if they say the 'wrong' shit they will be accused of child molester and be sent off to forcibly hang themselves with rags in their prison cells. so siphoning your wealth and spreading the homo is a win-win to them.

its nothing new here anon, and definitely not exclusive to china. but you are doing a great job being a globohomo and pointing your finger at a strawman, boboposting another TWO WEEKS on /biz/.

[Permabear Howard Davidowitz No.50943129]

>>50941943
Their growth will never be in their control provided the USD is still the central currency, Chang.
Also, what a cope and b8
Even if they were "deliberately crashing" it, the fallout would be immense and definitely a black swan event. Sorry you didn't escape to Vancouver in time, Chang...

[Anonymous No.50943214]

>>50943129
It's in their control right now and it's happening as we speak. They are winning as you speak. I bet you wish you were chinks

[Anonymous No.50943238]

>>50920156
>unemployment 20%
how tf do they manage to do that. im from an ex commie country and back then everyone who wasnt mentally retarded had a job even if they didnt want to

[Anonymous No.50943246]

>>50942879
So then is China based and globohomo is out to get them or are they cucked and a shill for globohomo? Pick a side faggot.

[Anonymous No.50943260]

>>50943077
>Randomly
Because their biggest investment sector is a ponzi

[Anonymous No.50943390]

>>50925103
okay but consider this:
this is their perfect plan to reduce population.

[Anonymous No.50943396]

>>50942421
>used solely to misrepresent finances
how and why?

[Anonymous No.50943475]

>>50943396
Collateral for bonds.

[Anonymous No.50943529]

>>50925103
I wonder how exposed BlackRock is to Chinese real estate. I remember there were worries about BlackRock falling over when Evergrande was about to default last year.

[Anonymous No.50943546]

>>50942258
>not a response
Thanks for your concession.

[Anonymous No.50943635]

>>50943246
globohomo is out to get them, you damn mong. each state has its own sort of glowniggers and globo"homo". the US regime is international and intercontinental with most of the western states, like previous empires such as the british and the dutch. as a matter of fact, they couldnt care if a particular nation is actually homo or not, so long as they are trading in eurodollar/petrodollar and obey the international dollar trading system directed by the US. saudi and turkey is an example, where the homo is conveniently neglected, but for the most part they haven good puppets until recently.
i dont pick a side anon, because it wont make a difference for me either way and i know each state has its own glowshit going.
but you can remain as a good globohomo citizen and be oblivious to any actual issues at your own turf. believe it or not, you are in fact, as good as an actual homo thats actively shilling LGBT randomly, so i guess in practice it makes you indifferent. because both of you arent aware of any actual internal issues and always points at a strawman; you will always played into the same globohomo circle, just with you its a tad bit of a twist than an actual homo.

[Anonymous No.50944536]

Chinese bank runs in Australia. Any info on this?

[Anonymous No.50944575]

>>50943529
Doubt that they can even invest in Chinese real estate, considering its all owned by the government with 70 year leases. Especially with all the capital controls China has.

Evergrande is fucking everyone over because of the opposite reason, Chinese are heavily invested in the West.

[Anonymous No.50944613]

>>50943635
Not reading all that shit. You just said Chinese is Jewish run. Take your medicine.

[Anonymous No.50944625]

>>50943390
>Reduce population
Why would they do that? China's one saving grace is having a billion bugs.

[Anonymous No.50944648]

>>50943546
Germany in the 1930s is not a success story nigger. Read a book.

[Anonymous No.50944793]

>>50931821
>MFW I read the dates on that post

[Anonymous No.50944820]

>>50920156
China's been collapsing for 20 years at this point, Anon. When's the chink jenga tower finally going to hit the ground?

[Anonymous No.50944837]

Why do the corrupt Chinese elite need so much money? What the fuck are they spending it on?

[Anonymous No.50944913]

>>50944575
It's not direct investment, it's via financing service (bonds and commercial paper).

[Anonymous No.50945071]

>>50924868
Ideal communist party member.

[Anonymous No.50945089]

>>50944837
Hoeflation, the biggest simps are governments.

[Anonymous No.50945318]

>>50920653
A dictatorship isn't just going to fall. They'll print. And print. And print.

[Anonymous No.50945638]

>>50945318
The only reason China isn't North Korea tier is because people like doing business with them. They can't print forever like America because they're not the global reserve currency. People won't want to trade with you if you're trading monopoly money.

[Anonymous No.50945739]

>>50944820
It's been in a perpetual collapse since the great leap forward

[Anonymous No.50945905]

>>50944837
Keeping their slaves in line just like every other country.

[Anonymous No.50945920]

>>50920156
Wasn't heinan bank stuff back in june?
There doesn't seem to have any updates or news since then. Like more banks getting fucked over or bank runs or whatever.
Honestly with China, it's hard to tell if it's finally happening or is just another random thing that the chinks will somehow manage to get through by making the bubble bigger.

[Anonymous No.50945928]

>>50925103
>boomers

You know americans aren't even allowed to own property in china, right?

[Anonymous No.50945943]

>>50925604
what makes a stock trustworthy? A stock is basically just a receipt for giving money to a company that you trade around to other people that are interested in stocks. If you believe in stocks as a concept, i dont understand how one exchange can be more trustworthy than another.

[Anonymous No.50946019]

>>50945638
That's why all trade deals are in USD when dealing with China. Yuan, and worse the RMB are trash.

[Anonymous No.50946073]

>>50930838
>>50931821
those were interesting reads and that anon knows about the markets, but boy was he off on the outcome
crypto was the worst performer as it was leveraged and maniputraded to hell (lol bitmex le) so it was the exact opposite of risk free global asset
then the market response was total money printing by the fed saved it from recession

so once again we stand at the edge of the abyss and whatever move comes next will be ahistorical
think crypto deleveraged enough in the meantime?
and yes i too was one of those people wiped out during the coof thinking that indeed btc was a safehaven investment, was that an uncomfortable wake up

[Anonymous No.50946218]

>>50944613
lol fucking mong

[Anonymous No.50946247]

>>50944613
>Chinese is Jewish run
seems like calling anon ESL'ed is rather a testimony you cant barely read.

[Anonymous No.50946649]

>>50946019
And it becomes harder for them to buy food when they currency is in free fall because their biggest financial sector was a ponzi.

[Anonymous No.50946656]

>>50945928
Boomers as in the generation of old people born after WWII. Not American boomers.

[Anonymous No.50946682]

>>50945943
There are regulations around the companies traded on the nasdac or other exchanges that require these companies openly file their finances so you can trust that they're not a fake company. There's no such regulation in China so you'd be a fool to invest in most companies there.

[Anonymous No.50946978]

>>50922240
Don't forget the high speed rail going everywhere.

[Anonymous No.50946979]

>>50920156
300 billion is nothing for the chinese cause they have a weird economy

[Anonymous No.50947840]

>>50946979
You mean they cook the books and 300 billion is nothing for their forgeries.

[Anonymous No.50947943]

>>50920251
>>50920254
>>50920395
kek do these dudes get paid?

[Anonymous No.50948035]

>>50947943
Unironicly, yes.