Yeah, from what I was able to see, it sounds like China will be fucked if they don't bail them out. Fucked way harder than the US would be.VoiceOfReasonPast wrote: ↑Thu Sep 23, 2021 3:59 pmEvergrande will get bailed out by China if push comes to shove, cause China itself woudl be hit the hardest.
China
- rabidtictac
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Re: China
- VoiceOfReasonPast
- Supreme Shitposter
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Re: China
The problem with trying to keep your economy locked off from the outside world is that your MegaCorps will primarily amass their debt at your banks.
Some like to compare this to the Lehman Brothers, but those fuckers had their naughty tentacles pretty much everywhere.
Some like to compare this to the Lehman Brothers, but those fuckers had their naughty tentacles pretty much everywhere.
Autism attracts more autism. Sooner or later, an internet nobody will attract the exact kind of fans - and detractors - he deserves.
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-Yours Truly
4 wikia: static -> vignette
Re: China
If any shithole deserves to ge fucked it's chinarabidtictac wrote: ↑Thu Sep 23, 2021 7:30 pmYeah, from what I was able to see, it sounds like China will be fucked if they don't bail them out. Fucked way harder than the US would be.VoiceOfReasonPast wrote: ↑Thu Sep 23, 2021 3:59 pmEvergrande will get bailed out by China if push comes to shove, cause China itself woudl be hit the hardest.
Re: China
They don't seem to care. They've just dismantled their tech industry (Ant, Alibaba, Chinese Uber) and told the banks to eat shit on the corporate debt.VoiceOfReasonPast wrote: ↑Thu Sep 23, 2021 7:46 pmThe problem with trying to keep your economy locked off from the outside world is that your MegaCorps will primarily amass their debt at your banks.
Re: China
They're not bailing out Evergrande. They're going to let it tank their economy and the global economy. Probably as a general fuck you to the rest of the world and their own people.
"Hur dur hur hur! China not do that! China wants to be numbah wan!"
China's idea of prosperity and "winning" is very different from even the faggot globalists who run the western world's idea of winning, much less a normal person's idea of winning. These people are just as alien to our rulers as our rulers are to us. If the Chinese peasantry are forced to eat their own children alive to own the roundeyes, it's not even a consideration to the likes of Xi.
These people aren't just pale niggers with squinty eyes, you can't think of them that way.
"Hur dur hur hur! China not do that! China wants to be numbah wan!"
China's idea of prosperity and "winning" is very different from even the faggot globalists who run the western world's idea of winning, much less a normal person's idea of winning. These people are just as alien to our rulers as our rulers are to us. If the Chinese peasantry are forced to eat their own children alive to own the roundeyes, it's not even a consideration to the likes of Xi.
These people aren't just pale niggers with squinty eyes, you can't think of them that way.
- VoiceOfReasonPast
- Supreme Shitposter
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Re: China
This all comes down to the CCP being paranoid of anyone or anything that could threaten their authority. They dismantle any company whose CEO is getting too powerful in their eyes, which has let to China's capitalist trying to get rid of and/or hide their wealth (for the tallest tree is the first one to get cut down).Guest wrote: ↑Fri Sep 24, 2021 6:10 pmThey don't seem to care. They've just dismantled their tech industry (Ant, Alibaba, Chinese Uber) and told the banks to eat shit on the corporate debt.
I just didn't expect them to go full-on Spoony-tier self-destruction, is all.
Autism attracts more autism. Sooner or later, an internet nobody will attract the exact kind of fans - and detractors - he deserves.
-Yours Truly
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-Yours Truly
4 wikia: static -> vignette
- Le Redditeur
- Supreme Shitposter
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Re: China
>i have a brilliant idea guys
>I'll be a billionaire in a Communist dictatorship
>what could possibly go wrong?
It's all fun and games and easy profits from cheap slave labor, until the yellow man in military uniform kicks down your mahogany door and confiscate everything in the name of the State.
Just like women, the billionaires playing this game need to be left to rot and held responsible for their stupidity.
>I'll be a billionaire in a Communist dictatorship
>what could possibly go wrong?
It's all fun and games and easy profits from cheap slave labor, until the yellow man in military uniform kicks down your mahogany door and confiscate everything in the name of the State.
Just like women, the billionaires playing this game need to be left to rot and held responsible for their stupidity.
Re: China
Given the power of Big Tech in America, I'd say they are actually right to be paranoidVoiceOfReasonPast wrote: ↑Fri Sep 24, 2021 7:00 pmThis all comes down to the CCP being paranoid of anyone or anything that could threaten their authority.Guest wrote: ↑Fri Sep 24, 2021 6:10 pmThey don't seem to care. They've just dismantled their tech industry (Ant, Alibaba, Chinese Uber) and told the banks to eat shit on the corporate debt.
They are the faggot globalists. When the WEF said 'America will no longer be a superpower', guess who they intend to replace America in the top spot?
- Kugelfisch
- The white ghost
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Re: China
Control over everything. Just look at how they handle North Korea.
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