378
posted ago by Death_Metal_Patriot ago by Death_Metal_Patriot +378 / -0

Hey everyone,

Here is the article: https://www.zerohedge.com/markets/chinas-economy-suddenly-disintegrates-land-sales-crater-90

He summed things up nicely at the end: "Bottom line: Beijing is facing an economy whose wheels have suddenly come off, and unless China's political elite is willing to unleash another massive monetary and fiscal tsunami and bail out the economy all over again - something Beijing has repeatedly vowed it won't do this time - a hard landing, whether or not accompanied by a Volcker Moment, is virtually guaranteed."

I'm sure all the pedes here will have much to discuss about this.

Comments (51)
sorted by:
49
Kekshot 49 points ago +49 / -0

They can only go so far with stolen technology. At some point, if you wish to obtain global economic domincance or at least prominence, you'll have to start developing your own tech, and homegrow your own business masterminds, letting their creativity and cunning build into the infrastructure estabilished by the state or by previous businesses.

China didn't do that. They are an economic parasite who relies solely on their cooked up books and slave labour to attract foreign capital. Their researchers are all controlled and all their businessmen are held on a tight leash, from the "owner" of a noodles cart to Jack Ma (Bezos-level billionaire).

Here's their major risk, and what makes communist states fail. Doesn't matter how it starts, they always end up with a bureaucratic elite who has full control of the economy, but doesn't know squat about what the people want or need at a given moment, or about running any successful business.

I hope they crash and burn. And may this rotten world order burn with them aswell.

15
Hemanbattlecat 15 points ago +15 / -0

All communists are parasites. It cannot build and thrive on its own.

4
Wormself 4 points ago +4 / -0

It’s weird, the people arent parasites, but they are meek, and almost beaten. Slave like. No creativity what so ever. They won’t be taking over the world anytime soon, as much the CCP may want.

4
deleted 4 points ago +4 / -0
1
HereComesTrouble 1 point ago +1 / -0

I saw some video (may have gotten it here) where they were praising the CCP's new system of 24/7 surveillance and social credit. They interviewed people who live there and they were all for it because "it encourages good behavior." No, asswipe, it's tyranny. Good behavior is a choice, but people who live in that hellhole can't fathom having a choice about anything because they are slaves to their masters. It's sickening.

1
Wormself 1 point ago +1 / -0

Not trying to argue, but it’s not quite as bad as you may think. In many ways, it is freer than here. There is not a police presence everywhere like there is here (at least where I was). The factory owners and their children are American ish. It was fun hearing stories about how they all beat the firewall and one kid policy.

But it is a shithole, and I would never look forward to going there.

1
HereComesTrouble 1 point ago +1 / -0

Thanks for sharing. I wonder if the lack of a police presence is due to the 24/7 surveillance. Give up all of your privacy and you don't have cops breathing down your neck. Of course, that's just a guess on my part.

But yeah, I wouldn't want to go there.

2
flapede 2 points ago +2 / -0

I hear they’re handing out prescriptions for that symptom now….

1
Dogelog 1 point ago +1 / -0

Maybe we should givehorse paste to our govt to rid of the ccp infiltration

2
Dudemanfoo 2 points ago +2 / -0

I'll take a shot of horse paste to that... on the rocks plz

10
GoingCamaro 10 points ago +10 / -0

They also rely on organ harvesting

1
Kekshot 1 point ago +1 / -0

Well, pretty much all criminal orgs do in one way or another. It's not a communist exclusive thing

6
Judicator 6 points ago +6 / -0

Also fostering a culture of lying, cheating, and fraud yields... you guessed it, all of that! You might have intended it to be aimed at your opponents, but inevitably you'll have it amongst your own ranks, and that will ruin your ability to properly plan or grow because you'll never know what numbers are accurate; you'll not know if that giant three gorges dam was built to proper specification or if it will just rupture, you'll never know if the jet fighters you are developing will actually be able to be undetected by enemy radar, you'll never know if you're going to have a food shortage, and so on.

And that's just the start.

22
pnwhomebrewer 22 points ago +22 / -0

Just prepare for absolute chaos across the board. Shit’s gonna get crazy.

Financial: GME, Gold, Silver, good crypto’s

Have a good bug in or bug out plan. Have multiple routes to your bug out location.

Food, Water, light and energy. Be diversified. Be able to provide all of these through as many avenues as possible.

Don’t be an idiot and make yourself a target. For my fellow APES on here don’t go around flaunting your tendies if MOASS happens. You don’t want fair weather friends and family to come after you especially after their 401k’s go to shit. Only my brother knows how many GME shares I have.

Make plans with like minded friends, neighbors and family. Have an idea who you are willing to help. Don’t tell non like minded people you prep. They will come for you and you’ll have to turn them down or worse.

9
WaaPow 9 points ago +9 / -0

Fellow ape and GME holder here as well, your thoughts mirror my own. Well said.

-5
populist_nationalist -5 points ago +3 / -8

You guys are right about gold and silver, but you are going to get killed with GME. The short squeeze days are over. Only 13.4% of the float is shorted now. Compare that to when the squeeze took place....over 100% was shorted. It's either going to be a slow bleed or a sudden collapse. Either way, you are going to lose money on GME.

https://finviz.com/quote.ashx?t=gme

8
WaaPow 8 points ago +8 / -0

Reported short interest data is not accurate. FINRA data shows that institutions own 66.9 million shares of GME. The float is only 63.5 million. That number doesn't include retail investors, home offices, or whales that are long the stock. https://finra-markets.morningstar.com/MarketData/EquityOptions/detail.jsp?query=126:0P000002CH click on shareholders then scroll down to Equity Ownership and click on Institutions. It's not just GME in a short squeeze situation. Institutions own 176.31% of Bed Bath & Beyond BBBY. This is only possible if there is fake synthetic counterfeit shares in circulation. M, XRT, OSTK, MSTR, LULU and PETS are in a similar potential short squeeze situation. When margin calls happen and these stocks start rocketing it could bring down the whole market 1987 style. r/superstonk on reddit has some excellent DD worth reading.

Not financial advice.

8
WaaPow 8 points ago +8 / -0

All these stocks that are over shorted are the same stocks that the hedge funds and market makers thought were going to go under during the pandemic shutdowns. They got greedy and are now in a place where they cannot get back from. Better Buckle Up!

HODL

2
FuckNewsom 2 points ago +2 / -0

"Only 13.4%" is seriously the funniest thing I've read all day, lol. Talk about your fake news...

-2
populist_nationalist -2 points ago +1 / -3

The hard-to-borrow fee is only 0.4%. Some stocks that are heavily shorted can rise to 200% or more. If there were truly not many shares to short, these fees would be higher.

1
FuckNewsom 1 point ago +1 / -0

Then you'll surely take advantage of that bargain and short a bunch yourself, right? Practice what you preach.

3
BeKind 3 points ago +3 / -0

Fellow GME shareholder...

What are you implying that the MOASS has to do with China being a mess?

I'm more concerned that Peter Strzok's wife is Acting Director of the Division of Enforcement for the SEC. She's directly responsible for holding the market fraudsters accountable, and thus ultimately responsible for triggering the MOASS.

Without honorable enforcement, nothing happens.

5
pnwhomebrewer 5 points ago +5 / -0

The market crash will be the catalyst. All world markets will start collapsing. The criminals went all in on the scamdemic.

The Fed can’t bail out all the people who shorted GME without causing mass instant hyperinflation. This shit goes all the way to Amazon for example. The government will desperately need money from the capital gains taxes as they will be broke and will let the hedgefunds and banks who shorted GME fail. Remember when Yellen said the government will be broke soon?

The Fed is the final boss and will throw everyone under the bus to save themselves. They do not give a shit the hedgefunds. Their control is most important. They have to keep their system in place until they are ready with the great reset. The people though will start moving into Gold/Silver and crypto. Imagine thousands of GME and AMC Apes buying shit loads of PM’s and crypto at once.

Storzak’s wife is a pawn. GME will explode cause the market crash will force their hand.

I think Trump trapped the Wall Street old guard with the vax. All these people shorted GME and others cause they thought the lockdowns would last years. They never thought she would lose, they never thought Trump could get the vax out that fast. Now they all lose, game over.

1
FuckNewsom 1 point ago +1 / -0

If your theory about the gov wanting that capital gains taxes is true, then it's in their best interest to launch this rocket before the end of the year, so they can collect those taxes by April 15.

I'm in CA, highest taxes in the nation (expect maybe NY?) and we've already been entertaining the idea of moving to Florida (we've been there twice in the past six months, scouting it out) and if yuge $ rolls in after Jan 1 ('22 tax year) then I'm moving to FL for zero state taxes on that windfall.

-8
populist_nationalist -8 points ago +1 / -9

See my comment The MOASS already happened.

6
SirCamembert 6 points ago +6 / -0

Why don't you test you claims over at r/SuperStonk instead?

Your notion that it already happened has been addressed and unequivocally disproven probably thousands of times over.

5
JulesW 5 points ago +5 / -0

Short it then pussy. Bring proof or STFU.

1
ILoveIvermectin 1 point ago +1 / -0

🦍🚀👍🏽

1
quai24 1 point ago +1 / -0

If you don't mind me asking, are there any trading apps you recommend that still allow you to go long on GME? I know alot of the major ones clamped down on it during the first big rush.

4
JulesW 4 points ago +4 / -0

The buy restrictions are over for now. Diversifying among brokers is probably safest. Avoid Robbinghood and others who turned off the buy button in January.

Direct registration through computershare then switching them to “book” shares is the way to save shares for the infinity pool and could be the catalyst needed to take the lendable shares out of circulation with the DTCC.

Not financial advice.

3
pnwhomebrewer 3 points ago +3 / -0

Fidelity is the most reliable and used on superstonk. I have an account with WeBull though just in case there is fuckery.

14
redlotus69 14 points ago +14 / -0

A communist country in collapse is a dangerous one.

They have nothing left to lose and I can see them going full steam ahead at Taiwan in search of their precious resources.

I do not think they will win but I think the timing of this and the military drills with several countries are not a coincidence.

4
Judicator 4 points ago +4 / -0

I've been looking at the numbers and so on pretty closely. Taiwan could defend solo against them for ages, probably, which would be effectively a loss for china because of the morale blow that would deal.

Taiwan is an incredibly hardened target. The entire nation is like a bunker.

On the other hand, Japan and South Korea are well armed but larger and softer targets. In the assumption that they both would come to Taiwan's aid anyway, I actually think a Chinese first strike would occur against Japan or South Korea. If they could act quickly enough and seize either nation, their chances of victory go up immensely overall. Should they seize Japan, they could push South Korea from almost all sides and perform a slow starving of Taiwan.

1
Plebbitimmigrant 1 point ago +1 / -0

Taiwan is an incredibly hardened target. The entire nation is like a bunker.

That’s an understatement. Taiwan’s sitting on enough Anti-Ship and Anti-Air Missiles to make an Artificial reef out of Chinese assets.

Not to mention decades of building new fortifications, renovating existing WW2 era fortifications, and planning for an Assault by China.

So China would need to wade through a hail of missiles to make the first truly opposed beach landing in decades. Then slog inland through yet more fortifications, strongpoints and defensive lines.

That’s just Taiwan. If other nations get involved on Taiwan’s side. It becomes even more difficult to assail.

1
Judicator 1 point ago +1 / -0

Exactly, didn't want to get into it too much but yeah. I've heard other stuff like how there are dedicated oil lines running under all of the 13 assailable beachheads that can be ruptured to ignite the beaches on command.

Also the planning of placing chemical facilities near each beachhead so that toxic chemicals can be spewed onto and near the beaches in the event of an assault.

Every foot of that island is designed to resist an invasion force from China. I think the only power in the world that could take it by force would be the US, and that would only be done by sheer volume of firepower and aircraft; a volume that remains pretty thoroughly unrivaled by every nation on the planet.

8
NobodyLikesSplatter 8 points ago +8 / -0

https://m.youtube.com/watch?v=RpwtZLzDM_o

Laowhy86 said it well. I posted this recently. It’s more validation.

2
bigsix 2 points ago +2 / -0

Good video! ?backward going ships all Why. Interdasting!

7
tub4lc41n 7 points ago +7 / -0

Where did I see it happen before... a communist country going broke because communism does not work? Oh, yes: USSR, Cuba, etc.

3
DiveAndBait 3 points ago +3 / -0

Here's something I watched today, when there's protesting reported in heavily controlled media in China, you know something is up. These people and corps are losing their shirts:

https://youtu.be/mwyuHzKDMyI

2
Vindicator63 2 points ago +2 / -0

A good friend of mine from college, an instructor [and a conservative Republican at that] who has since shuffled off this mortal coil, once told me that there is so much about China people think they know that they really don't. He studied there, had visited there numerous times, and could even speak Mandarin. I was a non-traditional student, older, and we hit off a true friendship. Anyway, he told me that China is a house of cards. The Chinese people out in the country yearn to be free, but the government there is so intertwined that those people really can't express how they really feel for fear of repercussions - but that's just it. The common people know that the government hangs by a thread - there is no substance to it. The people know more than we give them credit for, and when it comes down to it, that house of cards will fall. It is all based upon lies and propaganda, falsehoods and fear, and there is a prevailing sense that it won't last forever and that it will eventually fall.

2
Tharin 2 points ago +2 / -0

What about all the fake gold they were peddling? Whatever happened to that?

2
quai24 2 points ago +2 / -0

Red October, as in "In the Red"

2
Cook_My_Robin 2 points ago +2 / -0

China can only invade Taiwan in October or April, due to weather.

An unfounded rumour says they will begin the two weeks of shelling on the 25th of September.

2
MaoHadOnly1Testicle 2 points ago +2 / -0

I needed some good news today.

1
morum 1 point ago +1 / -0

they've been sucking the life out of us for over 20 years and they still can't survive. must be the communist undead.

1
Jmricht 1 point ago +1 / -0

“Huawei will build it.” Lol.

1
kosher 1 point ago +1 / -0

There is big risk of contagion globally as a result from this, much like the asian crisis in 97 has led to LTCM hedge fund collapse.

1
faxandu 1 point ago +1 / -0

Nothing happens suddenly in China.

1
Ssue1216 1 point ago +1 / -0

E v e r g r a n d e = L e h m a n B r o s 2008

1
Dudemanfoo 1 point ago +1 / -0

If we don't have another Volcker Moment... we are in the same boat.

1
deleted 1 point ago +1 / -0