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#1
Old 07-22-2015, 01:42 AM
Mannie Phresh
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Default Chinese Financial Collapse Looming : Its Worldwide Implications



Another Stephan Molyneux vid. I'm a big fan of his. He's informed, and I respect his opinions, even the ones I disagree with. Anyways, the world is looking at Greece, and China's possible collapse could destroy the world economy. Housing value will drop again. Thats good for me. Anyhoo, Tuak ahmoongst yoselvs!
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#2
Old 07-22-2015, 01:49 AM
El-blanco
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Default

The whole market is a joke in general. This is just another example. A bunch of Chinese, on borrowed funds, creating major price jumps and now sinking the whole thing is hilarious and proves how stupid it all is.
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#3
Old 07-22-2015, 02:09 AM
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It's going to be a mess that's for sure. Can't wait to see how it all plays out and who they get to blame.
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#4
Old 07-22-2015, 02:10 AM
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is it possible for usa to become a chinese colony someday?
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#5
Old 07-22-2015, 03:15 AM
Mukuro
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MacArthur was right, we shoulda bombed and invaded China with the help of the Taiwanese.
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#6
Old 07-22-2015, 07:37 AM
Wolfert
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Default

Quote:
Originally Posted by Mannie Phresh View Post
China's possible collapse could destroy the world economy.
China's stock market is completely detached from its economy.

China's Central Bank pumped $500 Billion in its stock market to stabilize it not to prevent ripple effects that could damage the economy, but to save Beijing's face.

At most 50 million Chinese households/Retail investors are invested in the Chinese stock market, maybe 1.5% of total Chinese assets are held in stocks. Foreigners comprise maybe 1% of Chinese stock holders.

China's economy is expanding, though slowing down. The 7% growth figure is rubbish, the true rate is probably 4%.

Copper prices are edging lower because Beijing is tackling corruption (ghost cities).

China's debt is a joke, they will print trillions of Yuan and voila debt-free.

USA collapse can destroy the world economy, China is a pretender.

In short: A communist regime borrows monies, builds real world infrastructure to improve the quality of life of its citizens, buys tonnes of Gold. Then resets its worthless currency. Rinse and repeat.

Just my opinion.
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#7
Old 07-22-2015, 11:32 AM
Mannie Phresh
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Default

Quote:
Originally Posted by Wolfert View Post
China's stock market is completely detached from its economy.

China's Central Bank pumped $500 Billion in its stock market to stabilize it not to prevent ripple effects that could damage the economy, but to save Beijing's face.

At most 50 million Chinese households/Retail investors are invested in the Chinese stock market, maybe 1.5% of total Chinese assets are held in stocks. Foreigners comprise maybe 1% of Chinese stock holders.

China's economy is expanding, though slowing down. The 7% growth figure is rubbish, the true rate is probably 4%.

Copper prices are edging lower because Beijing is tackling corruption (ghost cities).

China's debt is a joke, they will print trillions of Yuan and voila debt-free.

USA collapse can destroy the world economy, China is a pretender.

In short: A communist regime borrows monies, builds real world infrastructure to improve the quality of life of its citizens, buys tonnes of Gold. Then resets its worthless currency. Rinse and repeat.

Just my opinion.
Solid opinion.
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#8
Old 07-22-2015, 12:13 PM
Eff Pandas
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Completely shocked a country who's been building giant cities no one actually lives in that has been helping their economy for years is about to tank. If Walmart just randomly build Super Walmart's in a empty lot in every city I bet their ass goes outta business too.

Randomly I wonder if this means lower or higher prices at Walmart cuz them mfers are heavily invested in Chinese products. Can someone who didn't get a C- in Economics answer that?
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#9
Old 07-22-2015, 10:53 PM
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they still hold billions of dollars in bonds on American debt, if they ever decided it was time to collect it would be global economic disaster
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#10
Old 08-26-2015, 12:48 AM
Mannie Phresh
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not sure whos alt u are but i like you lol - ~BoZz~  Happy holidays bro! - led*  lmaoooo! what you just posted on MEAT's thread deserves a burger :lol1: - jose830  WAR LUCASSS may the powerful toxins of iguana meat flow thru his veins - thuggery  No Message - jose830 
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Just bumping this thread.
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