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Out of context: Reply #460

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    Anybody monitoring the Evergrande situation in China?

    It's their "2008 debt crisis" moment it seems, and looks like it will spill into other areas, from crypto (lots of tether in there) to destroying the Royal bank of Canada, HSBC and others

    • https://twitter.com/…keewee
    • hope it is not true...keewee
    • that's like still denying climate change
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    • $$$ climate is gonna change for surekeewee
    • Chinese housing market is a huge polluter btw
      Look up "china ghost cities"

      https://www.weforum.…
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    • This guy you all seem to love around here has some basic info https://www.youtube.…
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    • So overall, 1/3 of China moneyz iz at stake of getting rekt
      That will spill into Western world and voila - a new crash!
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    • so in just 2 short years, China giving us an worldwide pandemic AND a financial crash

      who said communism isn't good for ya
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    • They’re still pretty great at capitalism though.monospaced
    • Nah, Xi just a commie doing commie things
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    • I'm talking about the nation of China and business, not Xi. They're very capitalist on the global scale.monospaced
    • no, not really
      they're just many and very nationalistic

      you can't control that many ppl without a authoritarian gov
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    • our debt to them for the things we purchase disagreesmonospaced

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