Chinese opposition to CCP is using the economic collapse as fuel. Wonder if CCP is starting to feel a little sweaty.
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Looming Economic Collapse in China & Investors Protesting Demanding Answers
- Thread starter Totality 🇺🇦 🇮🇱
- Start date
Chinese opposition to CCP is using the economic collapse as fuel. Wonder if CCP is starting to feel a little sweaty.
China braces for an Evergrande collapse and other threats to its stability:
A lot of pundits are arguing that the crisis within the Chinese property giant, China Evergrande doesn’t represent a systemic threat. The actions being taken by China’s authorities suggest otherwise.
China braces for an Evergrande collapse and other threats to its stability
A lot of pundits are arguing that the crisis within the Chinese property giant doesn’t represent a systemic threat. The actions being taken by China’s authorities suggest otherwise.
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- Feb 4, 2021
Of course, and they've been doing it for more than a decade. The difference is that the level of exposure is many times higher in the U.S., together with debt levels.
More important, the CCP can control their billionaires. In the U.S., it's Wall Street that controls the country, which is why Washington ended up giving it something like $16 trillion in unaudited bailouts and passed on to the public.
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- Feb 4, 2021
If you think that's bad, wait till you find out how much the the U.S. gov't injected into the U.S. banking system after the 2008 crash.
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- Feb 4, 2021
That's been known for more than a decade! They even have "ghost" cities.
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- Oct 1, 2016
Yes they simply pick them up and detain them for days or weeks at a time then trot them out to mirror the party line and confess there improper thinking and marvel at the emperor’s new cloths.
That or they execute them
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- Oct 1, 2016
Just because it’s been “known” for decades doesn’t negate the overall deceptive and negative effect it has on chinas overvalued real estate valuation.
Robertjones01
Guest
A very real perspective is, " If the real estate giant fails China will need to collect the debt America owes to China." That will get interesting...pay up or we'll collect by force.
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- defconwarningsystem
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Is there a Due On Demand clause to the contract?
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- Oct 1, 2016
The debt is treasuries it is a safe bet investment option for China. If their real estate market collapses it will be one of their main stable investments they hold. Old figures only had China owning about 7-8 % of US debt. They’ve since liquidated some of it and they actually own less than Japan does who I believe is our biggest foreign debt holder. The majority of US treasuries are owned by individuals and institutions in the US.
One of the reason a large trading partner will hold treasuries is to conduct foreign trade. With us or even amongst two foreign trading nations. They all settle up in US dollars. It’s been convenient and stable for 70 yr.
The bank of international settlements being in dollars so for trade settlement participating nations usually hold US treasuries to facilitate this as collateral.
So China could sell them but that would complicate their trade settlements with other nations.
As far as hurting the US dollar it’s not a clear path to collapse.
If Evergrande completely defaults and it turns out that most of their investment and assets are extremely overvalued then all of their creditors big and small are left holding the bag. This will impact the supply of new credit and money in China because it just got wiped off the books. Consumption will slow manufacturing will slow.
less Work - less consumer spending, -less manufacturing and production - fewer goods = higher prices. Higher prices = inflation.
They will sell if their asset in China dictate they need goods and materials because their trade exchange suffers. “They begin to stagnate” and sell off treasuries to buy resources. Fuel a d food.
So then they will be left with selling assets OR allowing foreign investors in with more favorable trade and investment terms. That’s worst case scenario probably. Japan went through that in the 80’s. Growth can happen too fast and China has been driving full steam ahead for almost two decades.
It will be a correction, not teotwawki.
The global stock markets incapable of making any gains or making back the money lost the past month still. Dow just breaking even today.
Rob
Guest
So you think your money will be good in a global collapse, just a thought
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That's why when trouble is ahead you sell your stocks & invest in gold, rare metals, and other things that are stable. They never can be devalued even if currency becomes devalued itself. Also durring trying times the value of gold & rare metals tend to increase in value considerably during a crash making me more money durring the hard times.
Just this month alone the value of gold has increased dramatically because of people like me seeing trouble ahead cashing out while we can and invest the money in physical objects that never can be devalued i.e gold.
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Dow Jones closed today negative -546 points & in this month alone losses equal -1,468 points.
Stock markets doing the worst since the pandemic started. 5% overall loss in a month. Mostly driven by the great economic uncertainty in China. Second biggest factor in downtrend is covid supply chain pintches.
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You can also see this graph for the value of gold this month & how it shot up once the markets became shaky:
Gold will only gain value as the markets fall. Than before the markets get better you sell the gold to make profit to invest in more stocks while there still cheap to flip even more money. Its economics 101 on how to keep your wealth & still make money durring crashes,... though to do this you need a considerable amount of wealth.
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- Oct 1, 2016
No; just our wits, will to live, and ability to overcome hardship. Just like any other day.
for most of us life is never this grand or large, it’s just a matter of survival and getting by.
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S&P, Dow, Euro, and Asian markets tumble as Wall Street heads for largest monthly losses since the start of the pandemic:
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S&P 500, Dow tumble as Wall Street heads for monthly losses
The S&P 500 and the Dow tumbled on Thursday as concerns over economic growth and a possible government shutdown saw Wall Street headed for a steep monthly drop, while losses in the Nasdaq were mitigated by major technology stocks.
www.reuters.com
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- Feb 4, 2021
That's right, which is why they have much more control of the economy than the U.S. does theirs, where Wall Street calls the shots. That's why the latter received over $16 trillion in unaudited bailout funds with costs passed on to the public.
The Fed's $16 Trillion Bailouts Under-Reported
Image by telmo32 via Flickr The media’s inscrutable brush-off of the Government Accounting Office’s recently released audit of the Federal Reserve has raised many questions about the Fed’s goings-on since the financial crisis began in 2008. The audit of the Fed’s emergency lending programs was...
www.forbes.com
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- Feb 4, 2021
That's obvious. The question is to what extent and when. Recall that warnings about the U.S. house of cards were made by Schiff and others around a decade before the economy fell apart, and the amounts involved were much larger.