Evergrande Financial Panic - Corona is not the only Contagion China is exporting

[mindlessobserver]

Most of China is already in poverty.

Its going to be alot worse. Alot of these make work infrastructure projects were done at the expense of existing towns and villages all across China. They didn't just build a bunch of useless pyramids doomed to fall to dust in the next decade. In order to build those pyramids they first had to pave over productive farmlands and towns that had been there for centuries. Its worse then simply wasting mere money on a boondoggle. They spent money they didn't HAVE on the boondoggle, and then destroyed highly productive land to put the Boondoggle in its place. It's utter madness.

 

[Uranus Pink]

And Xi proceeds to throw half the country into poverty after blackrock gibs dissappear.
Then blackrock leeches fucks over American real estate.

CCP is a disease,a viral disease. Thanks socialism! Praise Marx!

Don't Stalin's and Mao's second most famous American cheerleader and appeaser Harry S. Truman. Who made damn sure Stalin got everything and everyone FDR had signed over to him. For Mao, Truman almost destroying the U.S. military on the promise of the USAF can nuked all of American problems away right after WWII ended. Siding with Mao after backstabbing the Kuomintang. Whom FDR had Uncle Sam militarily supported them since Japan declared war on the Republic of China in 1937. Ending the Korean War in a non-win as Truman was plants-shittingly scare of war expanding.

 

[Glowie]

Don't Stalin's and Mao's second most famous American cheerleader and appeaser Harry S. Truman. Who made damn sure Stalin got everything and everyone FDR had signed over to him. For Mao, Truman almost destroying the U.S. military on the promise of the USAF can nuked all of American problems away right after WWII ended. Siding with Mao after backstabbing the Kuomintang. Whom FDR had Uncle Sam militarily supported them since Japan declared war on the Republic of China in 1937. Ending the Korean War in a non-win as Truman was plants-shittingly scare of war expanding.

Now CCP and Russia isn't launching anything in space or nukes without fucking it up. Muskrat cucking his company to those bastions of free speech and based cultures.

He shat his pants when feds came after him, I consider him a lying, cowardly and retarded autist.

 

[Shadfan666xxx000]

It cannot be understated how bad a sign this is. China pulled out ALL the stops to try and paper over the Evergrande Debacle.

The fact that now, a year later Evergrande is presenting itself before the Court of the United States is a catastrophe wrapped in a disaster.

This was the darling company of China. The builder of their ghost cities. The vanguard of their new belt and road. When they began to fail Beijing forced the peasants to pay for apartments that would never be built. They disappeared the CEO. They backstopped the company with billions in state money.

For nothing. And now the vanguard of the Chinese century throws itself on the Mercy of American Justice. There are no words in the English or Chinese language to describe what has just happened here. Maybe the Greeks have it.

Catastrophe?

 

[mindlessobserver]

Evergrande trade halted again mere days after being restarted on the Hong Kong Exchange, plunging ro 32 HK cents in share valuation.

Chief executive has been arrested.

https://www.cnbc.com/2023/09/28/chinas-evergrande-shares-suspended-in-hong-kong-.html

The bailout failed and China has no more money.

 

[Glowie]

Evergrande trade halted again mere days after being restarted on the Hong Kong Exchange, plunging ro 32 HK cents in share valuation.

Chief executive has been arrested.

https://www.cnbc.com/2023/09/28/chinas-evergrande-shares-suspended-in-hong-kong-.html

The bailout failed and China has no more money.

So it begins from home and aboard, protests will intensify in China, sending ripple effect akin to Japan's bubble in 90s which happened and soviet Union at the same time. Foreign stock markets and real estate investors. Expect shills crying "buy the dip" like a cryptobros. Evergrande is done, entire cities left half built, half of the finished ones are stable as paper mache, completely worthless properties.
Even if Xi presses "nationalise now" button, it won't fix this complete clusterfuck. Xi can only hope RMB won't crash, becoming clown currency 2.0 alongshore Ruble.

Imagine being boomer gwailo who bought "invest in China" meme only to see back to back stock market crashes, decaying industry and worthless properties.

 

[Some Dumb Faggot]

So it begins from home and aboard, protests will intensify in China, sending ripple effect akin to Japan's bubble in 90s which happened and soviet Union at the same time. Foreign stock markets and real estate investors. Expect shills crying "buy the dip" like a cryptobros. Evergrande is done, entire cities left half built, half of the finished ones are stable as paper mache, completely worthless properties.
Even if Xi presses "nationalise now" button, it won't fix this complete clusterfuck. Xi can only hope RMB won't crash, becoming clown currency 2.0 alongshore Ruble.

Imagine being boomer gwailo who bought "invest in China" meme only to see back to back stock market crashes, decaying industry and worthless properties.

CCP shills on suicide watch. How will @Save the Loli spin this as a win?

 

[Thomas Talus]

CCP shills on suicide watch. How will @Save the Loli spin this as a win?

Creative destruction that will shatter the foundation of the globalist financial order and accelerate the day when blah blah blah.

 

[draggs]

Evergrande trade halted again mere days after being restarted on the Hong Kong Exchange, plunging ro 32 HK cents in share valuation.

Chief executive has been arrested.

https://www.cnbc.com/2023/09/28/chinas-evergrande-shares-suspended-in-hong-kong-.html

The bailout failed and China has no more money.

Wait until China starts looking under the cushions for spare change in all the shitholes it made predatory loans to. Gonna be hilarious

 

[Zbk3VmLfujjzjxBd43tL]

CCP shills on suicide watch. How will @Save the Loli spin this as a win?

But I thought Evergrande collapsed in 2021, caused the fall of the CCP, and triggered a global depression? Kiwifarms and China Uncensored told me so! How can this be they are still around in 2023? Oh well, surely this time China will collapse FOR REAL in two weeks while USA is forever numbah wan.

 

[Some Dumb Faggot]

But I thought Evergrande collapsed in 2021, caused the fall of the CCP, and triggered a global depression? Kiwifarms and China Uncensored told me so! How can this be they are still around in 2023? Oh well, surely this time China will collapse FOR REAL in two weeks while USA is forever numbah wan.

Nigga they halted trading today, that shit is astroturfed to hell and back. The Yuan is as dead and gay as you are. Did you also know the belt and road initiative is backed by the dollar? China is also reliant on the US for feed too without us their population would starve. But no, China numbah #1!

Now go back to jerking off to little cartoon girls.

 

[Zbk3VmLfujjzjxBd43tL]

Nigga they halted trading today, that shit is astroturfed to hell and back. The Yuan is as dead and gay as you are. Did you also know the belt and road initiative is backed by the dollar?

And Evergrande was pretty fucked back in 2021, yet nothing substantial happened. Some Chinamen lost their money, the CEO got in huge trouble and...that was it. Have you ever actually paid attention to all the so-called Chinese financial crises? China has one every few years, and literally nothing happens after some people lose their money and some upper level corpos go to prison.

China is also reliant on the US for feed too without us their population would starve.

Nope, China has self-sufficiency in grain and even exports billions of dollars worth of food. Most of China's food imports are related to meat production, be it actual meat or livestock or crops like soy which are used as animal feed. When China imports grains (which they do), that is related to free trade where they export their own grain for a higher price than they are importing cheaper grain, or otherwise export their grain as a means of gaining influence over African countries.

 

[Some Dumb Faggot]

And Evergrande was pretty fucked back in 2021, yet nothing substantial happened. Some Chinamen lost their money, the CEO got in huge trouble and...that was it. Have you ever actually paid attention to all the so-called Chinese financial crises? China has one every few years, and literally nothing happens after some people lose their money and some upper level corpos go to prison.

Did the little cartoon girl porn melt your brain? or do you have a tumor lodged in your brain? A financial Crisis plays out over a few years, just look at 2008. Then on top of that China heavily manipulates it's data to save face. You really aren't doing yourself any favors but saying China has had multiple financial failures by the way.

Nope, China has self-sufficiency in grain and even exports billions of dollars worth of food. Most of China's food imports are related to meat production, be it actual meat or livestock or crops like soy which are used as animal feed. When China imports grains (which they do), that is related to free trade where they export their own grain for a higher price than they are importing cheaper grain, or otherwise export their grain as a means of gaining influence over African countries.

From your own data: Imports $105B Exports $59B.
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
How in the fuck do you not know how Imports vs Exports work? You know what China is A NET IMPORTER. So they take in more than they send out. You're really going to stand here and lecture people about financing when you have no idea how financing work. I see why people think you're retarded. Christ, loli porn really does fuck you up in the head, could also be the HRTS.

 

[Pampered Degenerate]

Did the little cartoon girl porn melt your brain? or do you have a tumor lodged in your brain? A financial Crisis plays out over a few years, just look at 2008. Then on top of that China heavily manipulates it's data to save face. You really aren't doing yourself any favors but saying China has had multiple financial failures by the way.

From your own data: Imports $105B Exports $59B.
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
How in the fuck do you not know how Imports vs Exports work? You know what China is A NET IMPORTER. So they take in more than they send out. You're really going to stand here and lecture people about financing when you have no idea how financing work. I see why people think you're retarded. Christ, loli porn really does fuck you up in the head, could also be the HRTS.

He wrote that they're self sufficient in grain genius, which is stated in the article: 'Considerable investments in agriculture have enabled China’s farmers to produce high volumes of staple crops, allowing the country to achieve a roughly one-to-one ratio of production and consumption of grains.'

 

[Some Dumb Faggot]

He wrote that they're self sufficient in grain genius, which is stated in the article: 'Considerable investments in agriculture have enabled China’s farmers to produce high volumes of staple crops, allowing the country to achieve a roughly one-to-one ratio of production and consumption of grains.'

Yes, but they don't produce enough feed to sustain enough cattle/livestock. You need meat for your population, "genius" and actually my point still stands anyways because they still don't produce enough food without trade. Also that data only goes to 2017. So he's being disingenuous or at least misunderstanding how importing vs exporting works.

They are a Net Importer and need trade

 

[Absolutego]

>Current overbuild in China is at least 100% of the actual population

The USA had one of its worst recessions in the last 100 years over a 5% overbuild.

 

[Glowie]

Nope, China has self-sufficiency in grain and even exports billions of dollars worth of food. Most of China's food imports are related to meat production, be it actual meat or livestock or crops like soy which are used as animal feed. When China imports grains (which they do), that is related to free trade where they export their own grain for a higher price than they are importing cheaper grain, or otherwise export their grain as a means of gaining influence over African countries.

Data from 2018, what year is it again? 2023, floods, hailstorm and typhoons ruined China's breadbasket and is reliant on another socialist shithole and United States to feed it's population.

By the way you yet have to prove that Falun Gong funds China Uncensored.

With recession and exodus from Shanghai, restaurants sit empty, food security is for elites alone, peasants, elderly and people with low social credit score can starve

You cannot live in denial about unemployment rate, housing crisis, rising poverty, mass closure of factories, real estate troubles (Not just evengrande), companies moving to India, Vietnam and Mexico. All of these are happening in real time.

Update your sources to avoid future embarrassment.

 

[Kujo Jotaro]

>Current overbuild in China is at least 100% of the actual population

The USA had one of its worst recessions in the last 100 years over a 5% overbuild.

The Chinese populace treated real estate as an investment vehicle, that was where they parked their money in an effort to make some gains. Just like the normies dump their money into stocks here, they did so with real estate. Whenever it pops, which its slowly doing, the vast majority of Chinese will lose significant portions of their net worth. Imagine if the entire stock market melted down, that's what they're facing.

 

[Zbk3VmLfujjzjxBd43tL]

Did the little cartoon girl porn melt your brain? or do you have a tumor lodged in your brain? A financial Crisis plays out over a few years, just look at 2008. Then on top of that China heavily manipulates it's data to save face. You really aren't doing yourself any favors but saying China has had multiple financial failures by the way.

Happened in late 00s (when the giant empty mall and ghost cities got built) and in 2015 (stock market issues). There would have to be implausible amounts of GDP manipulation (even for China) to try and assume either event, especially the latter, put much of a dent in China's GDP growth.

Yes, but they don't produce enough feed to sustain enough cattle/livestock. You need meat for your population, "genius" and actually my point still stands anyways because they still don't produce enough food without trade. Also that data only goes to 2017. So he's being disingenuous or at least misunderstanding how importing vs exporting works.

They are a Net Importer and need trade

China is far more self-sufficient than nearby countries, and as noted most of China's lack of self-sufficiency comes from their meat-related issues.

More than one-third of agriculture products in China rely on imports, for a self-sufficiency ratio of 66 percent.17 South Korea’s self-sufficiency ratio is 44 percent and Japan’s 38 percent in terms of calorie intake

This quotes a 2023 article. Considering Chinese grain exports to ROK and Japan, I bet China using more domestically because of recent issues is hurting the latter two nations.

Data from 2018, what year is it again? 2023, floods, hailstorm and typhoons ruined China's breadbasket and is reliant on another socialist shithole and United States to feed it's population.

You keep going on about that but you have never once produced evidence of how bad the damage is and probably can't even give me what percent of China's harvest even comes from the province in question.

By the way you yet have to prove that Falun Gong funds China Uncensored.

With recession and exodus from Shanghai, restaurants sit empty, food security is for elites alone, peasants, elderly and people with low social credit score can starve

You cannot live in denial about unemployment rate, housing crisis, rising poverty, mass closure of factories, real estate troubles (Not just evengrande), companies moving to India, Vietnam and Mexico. All of these are happening in real time.

Update your sources to avoid future embarrassment.

China Uncensored is a production of NTD TV, as evidenced by how NTD formerly used to promote them on their very website. NTD TV is owned by Falun Gong, and Falun Gong as is well known is funded by the CIA. As far as I'm concerned, China's issues are a China-centric version of the same crisis playing out all over the world thanks to bad policy in 2020-22.

 

[Some Dumb Faggot]

Happened in late 00s (when the giant empty mall and ghost cities got built) and in 2015 (stock market issues). There would have to be implausible amounts of GDP manipulation (even for China) to try and assume either event, especially the latter, put much of a dent in China's GDP growth.

Most of China GDP growth is fake, you ever seen the ghost towns? All their "growth" is from empty buildings with no one living in them

China is far more self-sufficient than nearby countries, and as noted most of China's lack of self-sufficiency comes from their meat-related issues.

So they need trade with the US to sustain themselves? Good, glad that's cleared up.

You keep going on about that but you have never once produced evidence of how bad the damage is and probably can't even give me what percent of China's harvest even comes from the province in question.

Here you go fam.

China Uncensored is a production of NTD TV, as evidenced by how NTD formerly used to promote them on their very website. NTD TV is owned by Falun Gong, and Falun Gong as is well known is funded by the CIA. As far as I'm concerned, China's issues are a China-centric version of the same crisis playing out all over the world thanks to bad policy in 2020-22.

Nigga, you need to face reality China is not doing well and will never overtake the US at the rate it's going. People keep telling you over and over.