China on the brink.

[bellisarius]

Drowning in debt

Between the tariffs, coronavirus, and a plague of locusts, China is about to take a serious financial setback. Chinese financial institutions (the communist party) were already overextended before any of the aforementioned occurred. Now they've got some serious issues. I don't think ole Ji can fix this with his command and control economy. We're going to see how draconian it can get over there.

I wonder who will suggest we should bail them out first? Bernie, Mini Mike, of Fauxcahontas?

 

[SpeareChucker]

What's funny is that I basically said that in another thread yesterday
and was told that the cherry-picked article proved me ignorant (at best).

China has been lying and providing fake numbers for its economy
for decades now and yet some people here seem to believe their propaganda.

 

[SpeareChucker]

PS - Not just here, but in the intelligentsia
among those who admire centrally-controlled economies
(and populations).

 

[bellisarius]

You mean the "progressives" who crave power above all else.

 

[SpeareChucker]

Like Bernie they

​

Cuba...

 

[BotanyBoy]

What's funny is that I basically said that in another thread yesterday
and was told that the cherry-picked article proved me ignorant (at best).

China has been lying and providing fake numbers for its economy
for decades now and yet some people here seem to believe their propaganda.

They drink it up. China can do no wrong....just ask lilMaoDownSouth.

PS - Not just here, but in the intelligentsia
among those who admire centrally-controlled economies
(and populations).

Don't forget that we're so horrible and racist for not inviting ISIS into our homes!!

Tell the same shmuck crying about how horrible the USA is that China is murdering Muslims on an industrial scale? They shrug and go back to hating the USA.

You mean the "progressives" who crave power above all else.

Pushing for a great leap forward for the USA.....nothing more American than that!!

 

[SpeareChucker]

That's a good point about the Uighurs...