/biz/ - Business & Finance

>>54867059
Remember the FUD around this? LMFAO and NOTHING happened. Was a good reminder that this board is useless for knowledge

Amerisharts got too cocky once again. China is unsinkable.

You will own the Yuan. You will eat the rice. And you will be happy.

>amerigoblins assume every nation is as easy to destroy and as enslaved to made up numbers as they are
>china absolutely HEEMs them by taking an absolute deathblow in american financial standards and turning it into a nothingburger

I honestly cant fathom showing your face as an American online or out of country. No nation has ever been mogged so hard in history.

>>54867412
>again. China is unsinkable.
EVERGRANDE

cope chink fags

>>54868556
Evergrande was a nothingburger. America's bank failures on the other hand....

It's over mutts. No longer will you poison the world with your homosexual empire.

>>54867412
This literally triggered the 2022 bear market

America wants to create a safe haven for the oppressed trannies, gays, a literal demonic empire of LGBT rainbow warriors.
But we all know trannies can't fight unless it's from a distance or on the internet.
BRICS are busy improving the living standards of their citizens, the west is busy improving the human rights of trannies.

>>54869124
Uneducated.

>>54869601
Easy. Instead of fighting in real life for territory, we put the war into metaverse.
Check mate, you cis male.

>>54869124
The only capital that was destroyed in recent bank failures is the company equity and affected bonds, while that's still a lot of money in the case of Evergrande and other meme estate developers the overwhelming majority of their assets and liabilities (that others own as bonds) are destroyed, because the apartments are unfinished, unsalable for the amount it was mortgaged for and the land they've bought the 99 year lease for is worth 40% less already and it's also unsalable since the entire meme estate sector is tanking in non-tier 1 cities and nobody wants to pay for land when you can just wait and buy entire buildings for less.

>>54867059
It's fucking up the lending criteria and destroying the appetite for Chinese bonds and commercial paper. So while a flash crash was circumnavigated it's dragging their economy as a whole into shit still.

>>54867685
are you retarded? If the inflation-adjusted share price is dropping in USD then it means that the USD is stronger than any of the other currencies. Dollar is king.

>>54871279
wrong retard, graph is tracking the 'market shares' of CURRENCIES adjusted for inflation. not stock share prices. stupid stock trading boomer, go mow your lawn and leave economics to the big boys.

>>54869773
Nigger.

>>54871041
>when you can just wait and buy entire buildings for less.
kek, so chinese will have dirt cheap housing while americ*n wageslaves will work 30 years to buy some tiny flammable shitbox in a nigger infested neighborhood.

>>54871696
nigger

>>54872033
George Gammon is a retard lolbertarian. Of course you want to compare real values, not nominal values. You always, always, always, adjust for inflation. mcap is what matters, not token price.

>>54872218
uh huh...and % of usd as a reserve currency has been far lower before particularly in the 80s-90s. This whole "de-dollarization" narrative has been going on for decades but it's always been bullshit because there is no other major alternative currency to take its place.