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/biz/ - Business & Finance

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50618713 No.50618713 [Reply] [Original]

Why are you still paying your mortgage? The China men have figured out a loop hole and just stopped paying and no one can do anything about it.

>> No.50619266
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50619266

>>50618713
Because I don't want to give the bank a chance to steal the equity in my zestimate

>> No.50619488

>>50618713
None of these 'houses' were ever built.
Nor are they ever likely to be now.
The chinks were paying for vaporware, for years.
The banks dont have jackshit to repo.
It had to end.

>> No.50619545

is this the biggest transfer of wealth in the history of mankind?

>> No.50619563

>>50619488
>that brainwashed mutt who believes in "ghost cities"
kek

>> No.50619645

>>50619563
Kek keep seething Wumao

>> No.50619688

>>50619563
'ghost cities' are those actually built, where no cunt ever moved in. The mortgage strikers now are/were punters paying for buildings which were never built, or never completed. Which is 40% of buildings sold in the last 7 years.

>> No.50619752

>>50618713
I can't wait for the bugmen to crash the global market.

>> No.50619787

>>50619563
Watch out, here comes the Tiananmen Square poster

>> No.50619860

>>50619488
Checked. Chinese people don’t have as many investment options as westerners, so pile into real estate

>> No.50619931
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50619931

我只是不付钱!
哈哈哈哈哈

>> No.50619949

>>50619752
its be the biggest nothingburger of all time when the world realizes it doesnt need chinks

>> No.50619953

>>50619688
>>50619787
>>50619645
your women willingly have sex with negroe beasts

>> No.50619971

>>50619563
>>50619787
Don't bother

>> No.50619994

>>50619953
And YOUR women are hopelessly addicted to getting stretched out by my BWC.

>> No.50619995

I'm fine with the Chinese economy collapsing. I'm not fine with the American/European economies collapsing.

>> No.50619999

>>50619953
wow, that sure got them!

>> No.50620117
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50620117

>>50619994
>t.

>> No.50620138

>>50620117
Yeah, pounding that sideways pussy gets intense sometimes so I do kinda make that face lol.

>> No.50620177

>>50619995
I'm fine with American/European economics collapsing because they don't produce anything

I'm not fine with Chinese economy collapsing because they produce everything

>> No.50621476

>>50619545
No. It is probably going to be the biggest wealth destruction in history. But it will take a long time.

US M2 is 21,7 Trillion USD. Chinese M2 is 258 trillion yuan or about 38,2 Trillion USD at current exchange rates. This has to adjust. Since it is a closed economy with capital controls the adjustment will not come through exchange rates but has to be done inside China. Inflation is out of the question so it has to be loan defaults and wealth destruction. Since the communist party is in charge the process will be very slow to avoid instability. Welcome to Japan 1990.

>> No.50621610
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50621610

>>50619266
Based zestimate phoneposter

>> No.50621621

>>50619931
Need to invert the red and green candles
Red is an auspicious colour in China

>> No.50621707

>>50621476
>spend the next few decades watching china slowly eviscerate itself
America is a weirdly lucky country, all their enemies just kind of fuck themselves over at some point.

>> No.50621718

>>50620177
China produces nothing. Tongue my balls.

>> No.50622671

>>50621707
Just like the Taliban and ISIS, America made China what it is today.