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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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50949342 No.50949342 [Reply] [Original]

Realistically, how much longer will China economically last?

>> No.50949351

just about as long as the rest of the world economy I guess.

>> No.50949357

Two more weeks

>> No.50949393

>>50949342
Wasn't China sitting on like 20+ trillion dollars of reserves? Xi is allowing this to go down, it makes things better rather than bailing out all the crooks with free money.

>> No.50949399

>>50949342
The housing thing is a paper tiger. I work boutique consulting firm in DC, lots of former state dept and military folks, I guarantee you've never heard of it but we've got several offices in china and the analysts say there's really only a couple thousand people who are witholding mortgage payments - not nearly enough to burst the chinese housing bubble.

>> No.50949405

those Commie chinks will start WW3 before letting everything collapse on their watch.

>> No.50949407

>>50949399
*I work for
Jesus fucking christ it's rubbing off.

>> No.50949428

>>50949393
It's 3.3 trillion.
Problem is the corporate debt in China is close to 28 trillion and is nearly unserviceable.

>> No.50949439

>>50949407
>it's rubbing off.
You mean wax off.

>> No.50949446

what foreign goods does china depend on? basedbeans, what else?

>> No.50949470

>>50949446
Crude, circuit boards and iron in that order.

>> No.50949481

>>50949342
doomer schizo youtubers and the people who watch them are some of the dumbest people alive

>> No.50949503

>>50949470
>Russia
>Who?
>Australia I guess, they already own them anyway so that should be easy enough.

>> No.50949522

Evergrande didn't have a spectacular collapse. China will manage to have a consistent downward movement, but the CCP will continue to cook the books. They will just become less relevant.

>> No.50949687

>>50949470
claimed oil reserves are comparable to us claimed reserves, seems like everyone is just trying to buy as much time with other peoples shit for as long as they can before the whole thing implodes so yeah the war never ended it just changed phases, they’re accumulating
last man standing with resources wins unfortunately nothing is sustainable anymore but that has nothing to do with resources and everything to do with incentives

>> No.50949733

>>50949342
idk when China's economy fails it'll still be infinitely better than whatever the fuck Japan has yet no one in or out of that country is doomer posting about it

>> No.50950249

>>50949342
Centuries.
Russia's collapse started with the abolition of monarchy and it's still ongoing. You can extrapolate from that.

>> No.50950269

>>50949342
China will be fine in the medium term but they're fucked long term because the communist big gov system gets too slow and nepotistic over time.

>> No.50950270

>>50949342
Is there a single country in the world with a healthy economy right now ? Looks like globalism was a mistake.

>> No.50950278

>>50949342
collapse implies there is something there to fall... there isnt anything. they have a slave economy

>> No.50950294

>>50949342
it can go on as long as it needs to
no one is afraid of the money printer

>> No.50950302

>>50949342
I give it anywhere between 25 and 29 days
don't ask me how I got to these numbers

>> No.50950325

>>50949342
doesn't that mean a war will probably start within 3-4 weeks or so

gush to 500????

>> No.50950345

>>50950325
All the western political leaders are taking trips to Taiwan on purpose to bait China to start a war.
It looks like the global elite want to solve the economic collapse by starting a world war which will render the earth uninhabitable for humans.

"A trip to Taiwan" is the euphemism I'm gonna use instead of the sampson option.

>> No.50950352

>>50949342
nothingburgers+=1

>> No.50950377

It doesn't matter they can just create digital RMB to everyone. They're communist. They probably want things to collapse, that's why they have been shutting down Shanghai (home of Jack Ma and the new money).

>> No.50950388

The CCP was founded by farmers who killed the intelligentsia city dwellers. History repeats.

>> No.50950474

>>50949342
It'll be propped up exactly as long as the US' economy and when it does fail, Taiwan will be blockaded and they'll threaten to nuke anyone that intervenes.

>> No.50950527

>>50949342
It's really actually factually going to happen this time you guys. Literally 2 more weeks.

>> No.50950658

>>50950474
So, buy SOXS

>> No.50950695

>>50949470
>All of China's problems are solvable by an autist spending an hour in Factorio
Kek

>> No.50951090

>>50949342
until dogcoins like vinu fall so far that they disappear, the chinese dogs at this point are the economic base of that communist dump

>> No.50951107

>>50949357
three, actually

>> No.50951133

>>50950269
three bush's and two clinton's have tried for the presidency in my lifetime, and three of those four suceeded. their nepotism isnt so different from ours at the highest level.

>> No.50951143

>>50951133
those five*

>> No.50952634

>>50949399
>the analysts say
Kek
>only a couple thousand people who are witholding mortgage payments - not nearly enough to burst the chinese housing bubble
Mortgage payment withholding wasn't the reason those real estate firms are folding. It's the opposite in fact.

>> No.50952685

>>50949399
Its not couple thousand people imbecile. It's couple thousand PROJECTS.

>> No.50952698

>>50949470
And coal. Lost and lots of coal.

>> No.50952702

>>50952685
Curious about this. What constitutes a project? One high rise building? A complex of high rise building?

>> No.50952708

>>50949399
sup fellow DC contractor bro

>> No.50952711
File: 27 KB, 500x435, 1655133356655.jpg [View same] [iqdb] [saucenao] [google]
50952711

Two more sneeds.

>> No.50952712

>>50952702
A complex.

>> No.50952789

>>50952712
So we're talking billions of dollars in projects not being paid on. Hilarious that Anon is trying to make it sound like it's not a big deal. Or even that this all started because people weren't paying and not because these firms with over leveraged to the fucking gills.

>> No.50952795

>>50952708
He's a larper. Or just retarded and gullible.

>> No.50952804

>>50949342
as long as america has money to buy stupid shit

>> No.50952879

I hate these clickbait videos. You click on them watch them and 70% of the video is a history of China lecture that is like a streched out unfunny version of Oversimplified. And the other 30% are the SAME thing every video. "Its over, people are questioning the CCP, great firewall, housing crisis, tons of protests". Every time, the narrative seems like bs

>> No.50952940

If we include the talking heads industry then China's economy is absolutely booming.

>>50952879
You'll never get the Patreon money with that attitude.

>> No.50953104

>>50949342
100, maybe 150 years.

>> No.50953750

>>50952879
Believe or not, there 9999999 similar video like that China is collapsing in xxx. They only post what other show rather than living at there personally.

>> No.50953837
File: 94 KB, 1024x781, rteh.jpg [View same] [iqdb] [saucenao] [google]
50953837

>>50953750
>ESL chink shills have arrived

>> No.50953859

Isnt this how Japan got to how it is financially now?

>> No.50953861

>>50949342
I'm getting these recs as well but I don't accept it as fact. Your opinion of China just got formed by a youtube recommendation. Sweet Jesus you're a fucking npc

>> No.50953913

>>50953837
>Chink Shill
What I post is a fact.

>> No.50953966
File: 182 KB, 1067x1276, EABB38FE-5021-4DE9-8D6C-F8BC1109AB56.jpg [View same] [iqdb] [saucenao] [google]
50953966

>>50949342
longer than US

>> No.50953992

>>50952940
Lmao true. Maybe I should open up a channel myself.
>>50953750
I understand nothing bro. Maybe take an English course

>> No.50954250

>>50953913
Same here

>> No.50956168

>>50949342
news outlets have been screaming that china is about to collapse for decades now
two more weeks

>> No.50956388

>>50956168
I remember reading this chinese will collapse in 2 years' analysis back in 2012.
nothing fucking happened

>> No.50956750

>>50956168
>>50956388
And now it's finally actually happening. You can tell because regular citizens are getting rugged by Chinese banks. The government bailed out the banks to the tune of 40 billion and labeled the bank accounts investment accounts so the people getting rugged wouldn't have to be paid back.
There's even bank runs in China.
Biggest sign it's finally happening? These shills desperate to run cover for their bug hive.

>> No.50956818

>>50956750
>this time it's different!!!
2 more weeks

>> No.50956926

>>50956818
>This time
Nigger it's been the same time collapsing in slow motion since 2010. People were talking about the ghost cities all the way back then. They've been cooking the books for years so on paper it was all fine. But covid fucked up the game. Now real estate is kill and it's 70% of household wealth in China.
What do you gain from running apologetics for China?

>> No.50958127
File: 3.60 MB, 200x205, 1644335639617.gif [View same] [iqdb] [saucenao] [google]
50958127

>>50953966
We do whatever we please cope and seethe turdie.

>> No.50958743

>>50956926
>the ghost cities meme
And I was wondering when that would show up

>> No.50958827

>>50949342
The truth is it already has collapsed.
The collapse started last year.

>> No.50958905

>>50949342
Is there a single verifiedTM account that's not a shabboth goylem or a literal jew ?

>>50958827
Chaos magick isn't real you retard.
You can't will shit into existence, you're enslaved to the Logos like everyone else, including your father, Lucifer the Satan.

>> No.50959257
File: 2.48 MB, 1920x1080, 54c.png [View same] [iqdb] [saucenao] [google]
50959257

>>50958743
It's literally the key feature of the evergrand collapse that's now contaminating the entire Chinese housing sector. Building homes for the sake of building homes because people will buy literally anything no matter where it is or what it looks like. So strongly that eventually they realized people would buy even before ground was broken.
>Build an incomplete ghost city
>Sell all of the units before it's complete
>Get valuation on building based on future expected value when it's complete
>Use this value as collateral for another building
>Sell every unit before it's even done
>Repeat
>Get fucked by the meme flu
>Get called on your over leveraged accounts
>Stop construction
>People stop paying for their incomplete building
>Lose more money
>Stop even more construction
>Wumao spend all day pretending this isn't happening

>> No.50959378

>>50959257
Yeah, yeah, didn't even bother reading your post with information you pieced together from /pol/ posts.

>> No.50959585

>>50959378
I did bother and is hilarious how those bugs are getting splattered.

>> No.50959636

>>50958127
'You' do whatever you're told you fat fuck

>> No.50960172
File: 27 KB, 600x556, 73c.jpg [View same] [iqdb] [saucenao] [google]
50960172

>>50959378
NOOOO YOU CAN'T JUST STATE THE FIRST CLEAR FACTS OF THE MATTER AND MAKE ME LOOK LIKE A NIGGER!!! MR ZHOU WON'T PAY ME MY 50 CENTS TODAY

>> No.50960679

Idk op but you're not gonna learn this info by using Jewgles best pilpul pushing platform
Maybe try not being a nigger and do your own research? You might need to learn mandarin for it though.

>> No.50961020

>>50949342
the CCP have complete control over their economic system because of their closed currency. Chinas economy exists in a bubble of its own and they have far more tools and levers to influence economic conditions. I think we're seeing a controlled demolition of the chinese economy via deflating real estate. just like the western world, young people are being priced out of housing in china which is exacerbating the demographic nightmare theyve created, china wants to promote family creation.

>> No.50962482

>>50959257
>Cant even escape FFXIV trannies on /biz/
neck yourself subhuman endwalker was terrible

>> No.50962574

>>50962482
You feeling so strongly about it makes me like it even more. Also that was shadowbringers.

>> No.50962604

>>50949342

Everyone has been saying China is going to collapse since like 2008. Just stfu already.

>> No.50962605

China will embrace gold-backed XRP and enter into a Golden Age of prosperity

>> No.50962670

>>50949342
Realistically?
Fourteen days

>> No.50962695

>>50962604
And now the things we said would cause it to collapse are finally causing it to collapse. Keep up.

>> No.50962985

>>50949342
now

>> No.50963115

>>50962605
ripples schizos at it again
thanks bought your bags

>> No.50964570

>>50952702
A complex is typically 12-20 buildings, 12-30 floors high, with 6-8 apartments on each floor.

>T. Lived in China