>has a literal Great Depression because they popped their own housing bubble AND locked down their economy at the same time
Aren't the Chinese supposed to have 10,000+ IQ or something? How are they this fucking stupid lmao
>has a literal Great Depression because they popped their own housing bubble AND locked down their economy at the same time
Aren't the Chinese supposed to have 10,000+ IQ or something? How are they this fucking stupid lmao
OHH NOO HAWH
MY UHHH HOUSE IS CORRAPSING HAWH
>china will collapse soon guys, any second now
I've been hearing that shit since Tienanmen square because I'm an oldfag and nothing ever happened. If anything they are running away with the great game for the world while everyone else is busy worshipping niggers and trannies.
They're not even houses. They're unbuilt lots that these people are required to pay mortgages on. Life in China is literal hell, where you pay have to mortgage out dirt.
/thread
It will not collapse, yet.
The chinese peasants will not topple the red dynasty because they cannot form an organized rebellion at this point, but this might change.
1. The PLA's only role is to stamp out peasant revolts and it has done nothing else since it's inception. And they are exceedingly effective at it.
2. China's history is full of examples for massive but ultimately unsuccessful hunger revolts. The Taiping Rebellion (dec. 1850 to aug. 1864) which killed 30 mio is the most prominent case.
3. The red dynasty does not need the peasants to rule. They never asked for permission and have nothing but disdain for the common chinese.
China will collapse eventually, but this is not the day.
A successful rebellion needs organsation, while hunger revolts are by principle formed ad hoc and unorganized.
Watch for military or police forces getting involved with the revolt, that's the sign for a coup happening!
Want to disrupt Chinese society? Cyber attack their facial recognition and covid pass infrastructure. Without their state run control grid, the internal dissent elements would go wild.
Thanks for the context, Germanbuddy. Good analysis.
There’s nothing higher IQ then a population unified in its refusal to pay debts against its bankers.
This. This bullshit about the economy is retarded too. It’s a totalitarian country that’s not run by jewish banks, they can just change the system in whatever way is needed wheneve they want.
>Zerohedge
Question; could this shit be tied to the Evergrande fiasco in anyway? I heard that their real estate bubble was gonna explode and the whole world will feel the shockwaves...
What do you mean Canada is doing fine right now
Been hearing that China will collapse in 2 weeks for the past 25 years. Call me when it finally happens.
Don't forget to hack their social credit systems too. Without their control, China would fucking go belly up in no time.
Hahaha OH NOOOOO, lololo, SHIIIIIT THE MARKET'S COLLAPSING IT'S ALLLLLL OGREE!!!!!! kek, lmaooo OHH NOOOO, HALLPP, HAAAAAALLLLP!!!!
>2nd homebuyers
The apartment as an investment era is over in China but few white collar workers can afford to btfo of themselves by defaulting.
It will be interesting to see what happens when the banks own so much property they don't want
Mad, Chang?
he's transamerican please don't use his dead-nationality
Social credit system is overrated by the West. It is meaningless if you are not poor and living in a poor people's housing zone. It has only ever been in certain areas
Just two weeks.
China is a giant economic bubble that will pop sooner or later.
it just doesn't exist
it's just a regular credit system. The social part stands for socialism, not social behavior
Tired