China has seized peoples money in banks

The_Sheff

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Pretty much why real estate in places like Vancouver, Seattle etc are fukked up. These people need safe places to park their money

But like another poster said this shyt could happen here too. People get their accounts frozen for various reasons here

Yeah they buy up real estate with no intention of ever setting foot in it. It’s safer for them to do that than keep money in their banks.
 

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and this is relevant why?

Their whole banking system can collapse, which could lead to their economy going down, which in turn would fukk up supply chains causing inflation around the world to spike even further.

That's just one possible scenario it can get worst since they are the second biggest economy. This shyt can get really really bad
 
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