#China #Evergrande #Chinaregulatorycrackdown
Macrolens Chief Strategist & Managing Principal Brian McCarthy joins Yahoo Finance’s Alexis Christoforous to interrupt down the influence on the worldwide markets from China’s regulatory crackdown and Evergrande.
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china: we're going to release a virus to collapse the global economy and get ahead, teee hee hee
karma: neh
Can you imagine what it means to keep under control the greed of a population 5 times larger than US?
We saw that this is not possible in the US; it is just impossible.
China doesn't have bankruptcy laws like we do in the US. They will only give money owed to their own people and US banks and investors get shafted. To put it simply we just built China free skyscrapers.
Because china only employ ccp members to high positions, they only care loyalty not competence.
And who really cares what happen to china after the covid cover up?
I hope china gets bankrupt or maybe they just can all move out to Mars.
Decoupling must be the next buzz word. An ending to ponder. If every democratic country in the world decouples together unless governments behave responsibly and respect rules and rights. No country can force another country to trade with them if they won't trade fairly. Perhaps Decoupling is the best way forward for all. At least that way there will be no need to go to world war .
2months ago, none of you know about evergrande. Yet in China, especially in financial sector, everybody know evergrande will not end up nice since 2018.
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Housing bubble is popping.
The CCP had planned (for a long time now) to transition to domestic economy.
Looks like they are making good on that plan.
This will hurt the bond market for decades. You said it perfectly, houses are for living.
Investment in a Communist Country was never a good idea. burn baby burn…
cry wumaos. cry
Bidens false teeth are creepy
It is said the Evergrande is not alone. There are many real estate developers in China that arr burdened with huge debts. Good luck!
Regulatory crackdown?
You mean the cover story for a completely mismanaged economy based on lies and corruption?
Right. Thanks, Yahoo News.
Pog 👀👍
Ahhhhh, yessss….greed, the gift that keeps on giving (taking).
Anyone investing in China is a fool
Chinese will eat sparrows again soon.
i wouldn't be surprised if the Chinese people lose their generational wealth because of their lust for real estate.
80% of local goverment money comes from land selling. Do you know whats gonna happens when no new land is sold? Total Collapse. Thank you thats all from my side. Have a nice day
Prosecute CEO and Board?.
If you criminal minds report that there will be no contagion, may your stalks crash now.
The only reason there was such a massive bubble in Chinese real estate was because of Communist policies and crack downs, people in China had no where else to invest their money. Now all were seeing is more communist policies and crack downs. I wouldn't invest a dime in China, it's like investing in the Soviet Union at this point. Capitalism is OVER in China, it's just full on communism from here on out, and we all know how well communist economies have done historically.
US banksters are fuelling this energy bubble, attacking Europe and the rest of the world…. ,,
"The accounting is not robust in china like we all know". Most moronic remark. What about the accounting of 2008 that crushed the global economy? What about Enron accounting?
Anyone who invested in China will deserve the fall out
There were 64 million empty apartments in China before the Evergrande debacle probably 3 years ago, way before the CCP Virus?
You can’t control the market fluctuations, the economy or the political environment. instead, you should base your investing decisions on time tested investment principles, such as diversifying your portfolio, owning quality investments and maintaining long term perspective.
If there are so many expensive bonds issued by evergrande not listed as debt, what is the real debt? Obviously far higher than $300 billion.
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China doesn't give a damn about international laws, rules or regulations. China doesn't give a damn anyone or anything other than it's corrupt, greedy and selfish self
These damn newscasters they say it one way. You stopped to listen to the son of a b** and they say it another.