is china in trouble

[Sanity Check]

<br><font size="4"><strong>Evergrande</strong></font>.<br><br>...<br><br>What's happening there.<br><br>What does our outlook for the future, look like?<br><br><br><br>

[Fidel_CashFlow]

I hope they are

Fukk the CCP

I'd love a 4 country joint effort in
with an aerial attack like never seen before

Then , right when China thinks it can't get any worse

Their neighbors, who hate their guts ( deservingly so)
India , ambushes them as well .

I know It won't happen like that

But wouldn't It be sweet to see China get a taste of

their own medicine with sketchy military moves

[Tuesday]

No. Just because one Chinese company in trouble means nothing to entire economy of China.

Just like when the american banks were in trouble with the real estate bubble people were scared but 20 years later america still world most important economy.

Bottom line is governments will never let economies be their downfall, the downfall of any government is always inability to prevent revolt and revolution - governments use countless means to manipulate public opinion and countless means to crush independence from government controls.

Just like if amazon or microsoft or any of the biggest companies went bankrupt, america would still find fine - same for China.

[Fred The Hammer]

I say give Japan another crack at them. They'd make some heads roll for causing another damn worldwide virus

[Hman]

I hope they are

Fukk the CCP

I'd love a 4 country joint effort in
with an aerial attack like never seen before

Then , right when China thinks it can't get any worse

Their neighbors, who hate their guts ( deservingly so)
India , ambushes them as well .

I know It won't happen like that

But wouldn't It be sweet to see China get a taste of

their own medicine with sketchy military moves

I say give Japan another crack at them. They'd make some heads roll for causing another damn worldwide virus

You are dead on with everything said and exactly what SHOULD happen.

When you unleash something that jeopardizes the existence of mankind across the entire world, there should be no mercy held.

[Sanity Check]

I say give Japan another crack at them. They'd make some heads roll for causing another damn worldwide virus

That's not china, its taiwan: the "wushe incident".

...


You're looking for "the rape of nanking" .

[deltgen]

Fred--sometimes you're a little out there for my taste, but you might be on to somethimg here. Japan, the Phillipines, Korea---give them a bit of support and lets see what happens.

[MinnesotaFats]

China is finished

Choked off Hong Kong

Shut down crypto

There is no economic growth in futuristic sectors...only intellectual property theft & cheap labor amid horrible foreign policy

This Country was set to be #1 economy in world 15 years ago, today its a joke on the verge of being wholly State run.

[Sanity Check]

Goldman Flags $8.2 Trillion Threat Worse Than China Evergrande



The real worry concerning the China Evergrande default drama is the inevitable where-there’s-smoke-there’s-fire paranoia that accompanies debt stumbles.

The most worrisome such blaze, say analysts at Goldman Sachs, is surging local government debt levels that President Xi Jinping’s men have done their best to hide. The default troubles at the globe’s most indebted property development seem like small embers compared to the $8.2 trillion worth of local government financing vehicles outstanding.

And that’s just the LGFVs we know of. The data that Goldman’s Maggie Wei highlights is as of the end of 2020. Clearly, the tally is higher now—perhaps markedly. Ten months ago, these shadowy investment schemes had reached 53 trillion yuan, up from 16 trillion yuan, or $2.47 trillion, in 2013. They now amount to roughly 52% of China’s gross domestic product, topping the official amount of outstanding government debt.

In other words, as scary at the $300 billion Evergrande story might be, Xi’s government has much bigger problems on its hands. The most acute: keeping GDP this year from falling too far below the 6% Beijing hoped to produce without adding to the nation’s bubble troubles.

The forces behind local governments sitting on financing-vehicle debt worth twice the size of Germany’s GDP date back to 2008. Even before the Lehman Brothers crisis, Communist Party dynamics encouraged municipal borrowing binges. The way local officials got attention in Beijing—and rose to national prominence—was producing above-average GDP rates.

https://www.forbes.com/sites/williampesek/2021/09/30/goldman-flags-82-trillion-threat-worse-than-china-evergrande/

[konck]

they have 1.4 billion people thinning the herd is ok with them

[Sanity Check]

[Kermit]

[flyingillini]

I am in contact with people from there daily. I had a place there for a few years. I gave it up right before Covid. Things are better than ever there. Life is completely normal there.