Vandelay
Life is absurd. Lean into it.
At least now we know why China's GDP was growing so tremendously YOY.
evergrande
- Thread starter Pyrexcup
- Start date
covid is still not official over
Damn. It's like a house of cards.
Dallas' 4 Eva
Superstar
The media in this country never focuses on shyt that matters.
Dallas' 4 Eva
Superstar
don't know why but for some reason I want it to go t*ts upjust to see the fukkery
Me too. This whole financial system based on debt, slim margins, and cost cutting needs to crash and burn. shyt has been a failure they been propping up for sometime now artificially.
When does the ccp start the executions?
Vandelay
Life is absurd. Lean into it.
They're just going to disappear like all the other people who don't comply with the party.
RareHunter
All Star
Yea. It sucks that, that’s how they want us to feel. They want us to beg for a new economic system, which will lead to new governing and religion.
We are going to win, only took a pandemic to take down some of these institutions. Feel bad for the boomers and xers who may get fukked with their pensions....
But....they kinda fukked us over first....oh well.
How does anybody win in this situation? Whats the likelihood of this impacting the US?
AMC holders win because hedgefunds will get Margin Called. Since they won't be able to short AMC, they will have to pay the true price of the stock (which isn't no 40 dollars).
If the Chinese economy crashes it will certainly take us with it as all of our economies are dependent on each other....
This is what I don't know and I'm hoping someone can clarify. Business/Finance leaders say that the EU/US banks have limited exposure to Evergrande, but we'll see
Asian Banks, Freddie Mac, Fannie Mae, Lehman Brothers, US Government all said the same thing about the US before the global collapse in 2008 which hurt everyone. To think China having an economic meltdown during a pandemic will only cause issues in Asia and nowhere else is foolhardy.
American Analysts aren't trying to cause FUD before they can cash out before the massive correction/crash....
NoGutsNoGLory
Superstar
I disagree. The chinese economy is still very insular actually. It will impact demand though and our economy will take a hit but not the same as in 2008.