/biz/ - Business & Finance

That's a bit of a drastic take i think

>>50789232
Nice bear news you have there.

>>50789232
OHNONO 34 more days!
>for some reason I dont click baits!

>>50789259
lol this nigger is just like biz after a 0.5% btc drop :D

Just +2 weeks +2 weeks +2 days +2 days +2 days bros

>>50789275
Na more like /pol/tard shiny rock trannies.

>>50789290
>Imagine watching yt-ers(any) like these!

>>50789232
>Casgains
>Academy
for the mental retarded
ftfy

China is hit, but the question is, what will they do?

To start growing from where they are now they'd require some natural resources so their economy would be a bit more stable, they destroyed their arable land during the famine and import it all the food they eat and their gas/fuel from Russia, they can't really massively change their scenario in a short amount of time, there's no real "alternative" for the Chinese people to hop to, they'll most likely just have to accept their sudden poverty in the short term, which could mean an invasion of Taiwan to retain popularity with the general public, at that point, invest in MIC I guess

for me, it's the ghost cities
imagine not installing basic utilities because of silly fucking superstition

>2 more weeks but double it this time

>>50789232
China will prop up it's economy until the west faces economic depression. Then, it will be the most economically opportunistic time to rally the Chinese together to take Taiwan since the west won't be able to implement sanctions without further crippling itself and causing more infighting.

The chinese economy has been a zombie since evergrande defaulted. The US and EU since covid hit.

>>50789232
China has been collapsing since 200x.

lotta chinese shills in this thread

>>50789232
>See China economy crashing videos.
>"Hmmm maybe its time I buy some cheap Chinese real estate."
>Foreigners owning more than one home in China is illegal and foreigners can't be landlords
>Fair odds the CCP would seize my assets anyways.
Get ready for the influx of upper class Chinese starting their lives in your country cause they just lost their life savings

>>50790617
Let me elaborate on my point a bit more. In recent news 5 of their banks screwed over all their costumers. This caused a domino effect and spread to over 100 banks where all their citizens are doing a bank run fearing for their savings. Couple this with the Evergrande crisis which literally just happened a year ago, the chinese citizens are defaulting on their mortgages as protest against the bank. Now their banking system scandal has spread to their housing bubble. And let me tell you it's even worse than that because the mortgage payments are paid towards NON-BUILT homes. Their housing market literally sell HOMES THAT ARE NOT BUILT YET. They rely on funds from pre-bought homes to build the homes and grow their company and scam more people into buying homes that aren't built yet. Literally a castle of sand.

>>50790749
All nations should have laws like this but if the person is from Israel they can’t even own one home.

>34 days
There's absolutely no way to time crashes. You either have the liquidity and time to sit on some long ass position or you don't. Most people don't. Absolutely none of you bears are going to have some ebin big short moment.

>>50789411
they are all just nothing burger investors who make videos to shill or to mend over their failing investments

>>50790767
To add to this, the local governments, provincial and down, are forbidden to get loans to spend on projects and directives from the central Gov, the taxes are collected by the local Gov and sent away directly to Beijing witch then allocates money to the local Govs. But it's never enough, due to a mix of corruption and bad practices, so how is a local Gov to operate without loans?
Set up a LGFV(Local Government Financing Vehicle), a shell company that invests in property, because Forex and the Chinese stock market shouldn't be fucked with a borrowed cock and China has little in the way of natural resources to exploit, likewise the Chinese also know this and use property as the primary means of personal investment.
This in turn appreciates the value of Chinese realestate, so the investment becomes more lucrative, ad infinitum. Sounds good so far yes? Infinite money machine, no downsides bar the literal ghost cities of investment only property. Problem, Xi Xingping is fighting against rival factions in the CCP, namely the Red Princes(The sons and grandsons of the revolutionary military elite, who have it cushy to say the least), to combat this Xi goes on his anti-corruption crusade, from his own cabinet down to city councils, with major fines, long sentences and even death, part of this includes reckless loans given by banks, investment banks, Chinese Billionaires and anyone else. So this starves the cycle of much needed capital, and forces construction companies to stop servicing the debt and start paying the loan off in earnest, now without any money to pay back with because they're all in the these boondoggles, naturally they're filing for bankruptcy, and so are the banks, so bank runs occur and the cycle continues. Add the lockdowns from Xi's "Zero Covid" policy and the Chinese economy is on bad ground, add to that that all of China's industrial inputs are imported, all of it's energy is imported and that all of it's food is imported, it's ill omend, no?

>>50789232
two more weeks, China will DEFINITELY collapse this time!

>>50791179
You left out the best part! That China is getting old at mach 5.

They already only had 1 tax payer for every 4 people in their boomer cohort, but their data for the 2020 census is finally, slowly being released by the CCP. They "accidentally miscounted" 100 million people. In reality China is down:
>100 million people
>all of whom where in the 0-40 year old bracket
>75% of whom were women.
So now they're the fastest aging country on earth, facing mass retirement with no young people to pay for it, with no women to make kids, and no time for them to grow up before SHTF.

Bump

people think the US has been printing money

lol
lmao even

https://data.worldbank.org/indicator/FM.LBL.BMNY.GD.ZS?locations=CN-US&most_recent_value_desc=true