China is having a major issue with their banks. These few weeks, we saw major protests escalating the need for money to be withdrawn from institutions all across their nation. Started with one protest, now being replicated across almost all major districts. It is now at a tipping point.
>300+ reported mortgage strikes. >$9T in potential default. >70% of Chinese wealth is in real estate hanging by a thread. >New constructions halted since 6+ months ago.
They're doomed. This will be the biggest financial crisis we see and it will ripple to every country's doorstep because of globalism.
mutt cope you're a rotting, decaying empire soon to be replaced by grorious chyna KNEEL
Jaxon Hughes
choyner is collapsing LOL
Carter Myers
Yep, no one cares about real geopolitics though because they don't understand it, and serious incidents get hushed because mainstream panic is not good. Everywhere outside the US is about to suck really, really bad probably before the end of the year.
Bentley Taylor
imagine thinking china will have any more mercy than the states do
china has been in decline economically ever since the foreign funded "boom" ended in the 2000s and everyone realized it was all a scam and china is actually a shithole.
Joshua Hernandez
>tianimen what? nothing will happen. re-read 1984
Cameron Ortiz
Maybe now Zhang remembers all the times roundeyes accused him of cheating on tests, and he, like the bugman that he is, couldn't understand the wider implication. This, Zhang. This is why you should have learned that cheating is wrong. It had nothing to do with the school subject. It was about what happens when you cheat in real life.
Alexander Torres
>$9 tril >from 4 small banks out of 4000 lol no. Keep dreaming