Evergrande owes greater than 300 billion {dollars} to its collectors in China and all over the world. The China central financial institution is asking it an ‘particular person case’, ignoring the truth that tens of millions may lose cash as the actual property large stares at chapter.
#China #Evergrande #WION
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Evergrand and COVID ….
Both Chinese Govt planned game to Collapse World economy…
NOPE. Any and all evil totalitarian authoritative regimes have extensively demonstrated throughout history their people are just cattle and everything and everyone are expendible in 10s of millions. This is no problem for the evil CCP. It's happened time and time again in totalitarian regimes. The civilized free and democratic societies and nations become so naive and out of touch on what these evil regimes are capale of, we are getting it wrong everytime almost. The evil CCP has always lied with numbers and coupled with expendable cattle, they will be fine.
Never trust any words coming from CCP mouthpiece ! The proof ? Evergrande missed 3 payments and it won't be the last , pity for those investors with empty hands .
There is one word that the C.C.P uses more than any other and that word is ''LIES''
Controlled implosion. We are familiar
Trust me bro
Nowhere would anyone rock the boat…..but China has a situation that is special…however this cannot go on forever….somebody must begin to lose money.
It's still bizarre that such a company has so much money… 😶
won't…you r jealous of China
Despite all the economic crisis this is the right time to start up an investment.
Well I can't say if evergrande and china with it, will collapse or not (I am 100 % sure evergrande will default' this is more about can ccp control it or not) . No one can predict it for sure. There is one thing different throw, while us government dit nothing to dampen lehman collapse. China government seems to do something to dampen the damage of Evergrande fall and prevent to much contagion throw out the economy. However, one wrong move from China government or doing to little and to late and it all can collapse. So we are by no means out of the danger for a financial crisis. Also with alle the other crisis and problems around the world with inflation and material shortage just to name a few things. We are heading to a potential perfect storm for the clobal economy. It's just, will a catalyst trigger it or not.
I don't hope so, but at the same time I am much more hesitant to spend money now that just a few months ago. I m more heading to save up now. Better do it while I have a chance then first do it when you are potentially fired from your job.
I'm very glad that the truth is open so we may all see how to help and be out of way if need be. Nobody wants to see this corporation fail…extend the credit maybe? 🙄 China won't fail! It's better than that. There is a solution! Find it, be realistic, simplify, adjust and cut the lavish lifestyle salaries and budgets. Sorry, but this ship ain't sinking. Now get to work! Be good 👍
I thought I heard they had coronavirus under control too but it turned out to be quite out of control even after two years since the virus leaked from china
Controllable means its out of control!
Yes. By underwriting all China.
👀
Shit, no wonder pooh is pooing himself and trying desperately to focus on Taiwan. 30% GDP on your own housing market with 30 million empty properties.
China real estate is healthy. How so? With COVID 19 lock downs everywhere and has never stopped. Power outages, high unemployment, massive flooding, earth quakes, and high businesses are under fired. What a bunch of coverup troubles! We all know the dominos are falling rapidly!
Zoe Lan will soon be unemployed with Bank of China having all those toxic assets.
yes, controllable by jailing Chinese home owners and investors. all under control. No trouble.. Look the other way please….
On the positive side China is making progress with new intercontinental missile systems. Thanks to all the foreign investors blindly pouring money into China.
How is the real estate sector generally healthy the US and UK are around 5/10 x income but China is 30/40 x income – but who knows maybe if you pretend there’s no problem there isn’t a problem – Perception is reality – Also the fact that real estate is 30/35% of GDP in China doesn’t help whilst in the rest it’s around 5/8%
controllable till high level officials are able to get their money out.
I don't think so…. Hahahaha!!!
What ever CCP says.. you know to do the opposite.. they can never be trusted alot of ghost cities are still there the world cannot be trusted them. the economy was built on a ponzi scheme anyone with a brain can see it.. these so called experts are saying its fine no problems they saying this to protect their investments and jobs.. be warned….
CHINA:I am so lucky to be on your show every few day
Damn India really is a jealous country with a lot of wannabee white people
⌛
Pelosi has been pushing the $3.5T “infrastructure bill” to be used to bail out Evergrande and protect her’s and other politician’s Chinese investments.
Mr Burton Schilchter is the best, recommending him to all beginners who wants to recover losses like I did
Always do and believe opposite of what China said!
viva china