Looming Economic Collapse in China & Investors Protesting Demanding Answers

DarkNoon

Power Poster
⚠️
EVERGRANDE IS NOW AUTOMATICALLY DEFAULTED.

EVERGRANDE HAS OFFICIALLY MISSED ITS INTREST PAYMENTS FOR THE 300 BILLION DOLLAR DEBT IT HOLDS TO BANKS.

UNCLEAR IF EXTENSION OR BAILOUT WILL COME FROM CCP. MARKETS VERY SHAKY.
 
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DarkNoon

Power Poster
No Rebound. No Gains. Continued Decline. News of a rebound in market is false. No Gains where made today at ending bell.
Screenshot_20210921-163728_Chrome.jpg
(Dow Jones Now Closed for the Day.)
 
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DarkNoon

Power Poster
Gold shot up 10 more points today. Investors ditching stocks & bonds for gold (not a good thing):
Screenshot_20210921-170046_Chrome.jpg

NOTE:
Again news of a rebound in market is FALSE. No gains today in stock, just losses at ending bell for US markets.
 
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Guest

Guest
This is whack. My mom is already losing a significant amount in her 401k her job provides... :(
 

DarkNoon

Power Poster
EVERGRANDE HAS OFFICIALLY MISSED ITS INTREST PAYMENTS FOR THE 300 BILLION DOLLAR DEBT IT HOLDS TO BANKS.
More debt intrest is due in 24 hours. Unlikely to be paid again...

Buckle up people, don't forget to dot your I's & cross your T's cause its about to get very volatile in the markets these coming weeks ahead.
 
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ralfy

Active member
The U.S. stock market has been essentially rigged since 2008, which is why it's been swinging wildly each time. That's also why no matter what happens the net worth of top billionaires worldwide continue to rise even during pandemics.
 

Obreid

Power Poster
The U.S. stock market has been essentially rigged since 2008, which is why it's been swinging wildly each time. That's also why no matter what happens the net worth of top billionaires worldwide continue to rise even during pandemics.
While I don’t refute some of your points where I disagree in your post in general is that the Chines are just as involved in the system as some of those in the west. The CCP props their markets and Yuan just as much as western economies.
There are nasty rich billionaires reaping windfall profits in China as well as the west.
 

DarkNoon

Power Poster
[Read Carefully, Media & Markets in a State of Disillusion]

China injects 18.6 billion dollars into its banking system. AKA they printed a bunch of money that will make things a lot worse down the near future.

The Feds set to meet today which is helping the markets but is only a temporary fix. The very little gains made will vanish soon enough after the Feds meeting is over and China economy continues to free fall.

The little gains made today is a illusion caused by the feds meeting & china inflating its banking system even further which is causing the problem in the first place.

 
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DarkNoon

Power Poster
Over 90 million homes in China are vacant and won't be filled indefinitely. Ontop of untold millions of houses under construction that will never be finished.

That is a ugly lot of money invested to making these living spaces with zero return for eveyone involved.

MAKE NO MISTAKE just by the sheer number of houses vacant and "where" under construction shows you a collapse in China economy is nearing & likely the majority of all realtor companies will collapse in a domino which will eventually pour poison in the global economy.
 
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DucknCover

Guest
A huge mistake by the CCP, the ban isn't working unless you have 100% internet control.
They have just given the legs to their own booming industry.
 

DarkNoon

Power Poster
The Dow Jones and other markets all starting to decline again. Told you the gains made yesterday would vanish after the feds are done meeting and Chinas economy keeps free falling.

You can only inflate the markets so much with words like the feds and printing cash injecting it into the banking system like CCP is doing for so long. But the markets will correct themselves one way or another. That market correction is facing us all like a loaded gun in the face.
 

Obreid

Power Poster
The Dow Jones and other markets all starting to decline again. Told you the gains made yesterday would vanish after the feds are done meeting and Chinas economy keeps free falling.

You can only inflate the markets so much with words and printing cash injecting it into the banking system like CCP is doing. But the markets will correct themselves one way or another.
Just a needed correction bound to happen eventually.
 
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