Foreign Affairs

TexasTowelie

(117,901 posts) Sat Nov 16, 2024, 05:27 PM Nov 16

9% Crash, 10s of Trillions Gone, China's Economic Nightmare Deepens; South China Sea Tensions - China Update

00:00 Introduction
00:15 Chinese Economy: What Does The New Data Tell Us?
07:57 South China Sea Tensions

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9% Crash, 10s of Trillions Gone, China's Economic Nightmare Deepens; South China Sea Tensions - China Update (Original Post) TexasTowelie Nov 16 OP

Probably a scenario coming to the USA soon. OAITW r.2.0 Nov 16 #1

Coming here soon? Probably coming Monday RedArkGuy Nov 16 #3

Well, as one commentator mentioned, this is coming to the US, but one critical point to remember, is that China had SWBTATTReg Nov 16 #2

OAITW r.2.0

(28,893 posts)

1. Probably a scenario coming to the USA soon.

Reply to TexasTowelie (Original post)

Sat Nov 16, 2024, 05:45 PM

Nov 16

OK, China fucked itself with their unlimited growth fantasies. But this is what happens in One-Party States. This is the future Republicans are playing for here. They will fuck all of us over, if that means they, individually, can get ahead.

RedArkGuy

(787 posts)

3. Coming here soon? Probably coming Monday

Reply to OAITW r.2.0 (Reply #1)

Sat Nov 16, 2024, 07:33 PM

Nov 16

This seems like a good time to get out of the U.S. stock markets to me.

SWBTATTReg

(24,482 posts)

2. Well, as one commentator mentioned, this is coming to the US, but one critical point to remember, is that China had

Reply to TexasTowelie (Original post)

Sat Nov 16, 2024, 05:55 PM

Nov 16

a huge inflation bubble on their real estate, that some of their real estate was valued at the GDP of some countries alone! If anything, this revamping of their economy will cool things off, make things more affordable for the vast number of people. I forget I read that some properties were valued at the GDP of some countries, and this was insane.

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