HAHAHAHAHA CHINA IS COLLAPSING
>banks can’t lend out money to people cause they have no cash
>government literally taking peoples money from Their bank accounts
>real estate market is over
>people trying to buy homes are forced to pay mortgage on unfinished buildings
>ccp on suicide watch
Oh no china sisters how did communism fail this time
HAHAHAHAHA CHINA IS COLLAPSING
Austin Phillips
Other urls found in this thread:
Colton Anderson
good
Isaac Collins
What are you even talking about right now?
Can you link something reputable so we can all read and see how you blew something entitely out of proportion?
I dont know jf you noticed but the entire world is struggling economically at the moment..
Andrew Russell
if no one has money, where the money go?
Alexander Cruz
Not OP but he's referring to this... youtu.be
Tl;dr
>real estate bubble in China is even worse than elsewhere
>real estate companies pre sale condos in apartment complexes that aren't built yet
>instead of spending pre sale money on building the condo they spend it on more land to plan more condos
>buildings are never built because they keep spending it on land
>people still paying mortgages on homes they bought years ago
>people decided to organize a protest and stop paying these mortgages
>so many mortgages unpaid that now the banks are in crisis mode and limiting withdrawals
It seems they are pretty fucked.
Ryan Nelson
fake news, banks have infinite money
Angel Reyes
This literally sounds like the opposite of a communism problem. This sounds like something western banks would do with fewer regulations
Aaron Butler
Poor little communist upset his idea still failed
Isaiah Reed
PEDOPHILE FAGGOTS REPORTED ENJOY PRISON
Carter Wilson
Fuckin' ugly reds. If this keeps going, it will be even more glorious than having Chin, relative of Bruce Lee rise up.
Liam Wilson
>dream is collapsing
from 13a,now 24a
Owen Ramirez
Oh my god their asses look so juicy and tender
Michael Davis
Sorry to disappoint you but currency is a human construct. True wealth of a nation comes from its manufacturing and energy capacity along with the resources it has within its borders and its controlled regions. China will be fine unfortunately
Ian Jackson
Dude shut up. China is good
Luke Butler
Western propaganda. China is the 2nd most powerful country in the world you really think they’re going to collapse
Jayden Richardson
Media has been saying this for 30 years.
Lincoln Martin
American nigger Dick make fuck American White Woman
Charles Perry
Except now it’s happening
Levi Murphy
Not when 30% of your economy relies on the real estate
Brayden Turner
Lmao only 30. Theres still 70 left fuck tard
Benjamin Murphy
If you're not gonna pay attention to the rest of the world and rather rely on 4chins for your news, you don't really have the right to ask this. This shits been news for months now.
Jaxson Davis
Bet you said the same thing about Japan back in the 80s
Jack Perry
>American nigger Dick make fuck American White Woman
angry ricecel detected