/biz/ - Business & Finance

>>50844444
Holy quints

Nobody knows. That's what makes it all such a clusterfuck. Their version of QE makes the US spending spree look downright responsible. They're the most overleveraged, over credited market in history, and they're not slowing down even as it get clearer by the day that cracks are forming in their system.

Consider that nobody in China actually wants to touch their stock market, since everyone knows that your stake may just get vaporized overnight due to CCP meddling. And since your average Chinese can't invest in foreign stocks, that leaves real estate as the only investment vehicle. You know those ghost cities that only exist as speculative assets? They don't even have those going up anymore. Now the banks are letting you invest in "future development" paid for by the sale of previously constructed projects. Straight up ponzi mechanics, and it is the primary investment vehicle for a nation of 1.2 billion people.

Add to this that they never developed that mythical "chiunese middle class" that was supposed to be a local consumption base for their export driven economy, they over counted the number of women of childbearing age in the last census by 60 million, and there were already 4 boomer-equivalents retiring for every 1 taxpayer, and its looking fucking ugly. Ignore every "china stronk" poster you see. If things were so good over there, the CCP wouldn't have to constantly make laws to keep their members from investing overseas and moving their families out of China.

>>26138868
>1 post
well, im spoop'd
>The FUD! it's overcoming me!
anyone care to roll?