All of this makes me laugh because it's pretty clear this is mostly dummies and finance dudes that want the US to burn. It's a very popular thing right now. You can tell because they completely ignore the structural issues China is having. If they are even aware. They also seem to ignore that China fucks with its money more than we do.
Let them trade in the Yuan! I'm going to show you why ~I~ think this way.
#1. The China Belt and Road loans are severely underwater. They are talking about complete forgiveness for Africa.
https://t.co/PmPT9PNLal “Economists at the World Bank estimate that now some 60 percent of all BRI loans involve countries in financial distress. Loans in Africa look especially shaky.” @zekelondon @SpecialSitsBoss
— Mickey (@MickeyParx) April 6, 2023
#2. Just because China's economy is open, doesn't mean it's in a recovery. Companies are leaving China in droves! Shopping malls are closing. I'm actually getting a little concerned about the relatively new middle class in China because it is very hard to find a job. India is going to be the #3 economy, and China moves down.
This Shanghai shopping center is empty, there is no one around, and most of the shops closed their doors on April 2#China #Shanghai #ShoppingCenter pic.twitter.com/I4zMRsBOhK
— Spotlight on China (@spotlightoncn) April 6, 2023
The road that was busy with shopping in Guangzhou is now, completely closed on April 4#China #Guangzhou #EconomicDownturn pic.twitter.com/i4IgJw9W1F
— Spotlight on China (@spotlightoncn) April 6, 2023
#3. Closed companies have not paid workers. This has been going on for months. Property has also been in trouble for at least a year since Evergrand collapsed.
Henan rural bank depositors protest to defend their rights
— Spotlight on China (@spotlightoncn) April 6, 2023
On April 2, hundreds of bank customers once again gathered at Henan Xinzheng Rural Commercial Bank, Zhengzhou Xinzheng People's Bank, and Zhengzhou's flyovers. They held banners asking to recover the money they still… pic.twitter.com/vlr3PUVNeD
During the last part of Sunac China's project in Dali. Sunac China took 200 million yuan and fled, the owner protested, the police came out to suppress they in Yunnan on April 2#China #Yunnan #Protest pic.twitter.com/3psNcjSR1x
— Spotlight on China (@spotlightoncn) April 6, 2023
As you can see. China is not in a position of power right now. And neither is Russia. Let those losers trade in China's currency. As late as March 2023, China was enacting capitol controls!
The move from dollars to something else will be a slow process at best, but it is sad that the ass clowns controlling the pedophile president here don't seem to concerned. I guess the 'Chosen People' that run things could send a carrier fleet to bomb smaller countries, but that won't go over well anywhere in the world.
ReplyDeleteI've seen some of the videos you speak of about China. Who really knows what is going in there now or the last few months. The Chinese population is on a decline since none of their young professionals want to marry or have two kids in a tiny concrete block apartment kind of the like the West.
Oh... people do know. You just don't.
ReplyDeleteI would start looking for a backup job right now. You are going to need it.