Thread 513936909

*clap clap clap* Bravo, China. Bravo.
(part of that debt is due to foreign creditors btw. And they have apparently no intention to ever repay it)

This is not a 1pbtid-thread, for once.
Feels free to join in.

>>513936909 (OP)
prices of housing only go up
so you better loan max to buy them units

>>513936970
The units in question are litterally worthless.
They built fake buildings to serve as collateral in retarded finance bets.
Nobody lives there. Nobody will, ever.

https://www.youtube.com/watch?v=mt-Pa5s5zZI

They should rename the whole country in "Fakistan".

From evergrande to evergiven

>>513937102
IT ONLY GOES UP
YOU BETTER BUY NOW

>>513937121
Loose the meme flag, and maybe I'll start valuing your opinion.

Houses are for living, not for speculating.

- Xi Jinping

>>513936970
They have been going down in China for years at this point

>investment jew gets fucked
Feels burdo barde.

>>513937197
GOYIM prices are high because there is insane demand (and not because we cornered the market), YOU MUST BUY NOW WITH A LOAN

>>513936909 (OP)
Nothing is going to happen, CCP will take down Evergrande in a controlled demolition like they've been doing for years now.

What sucks for the chinks is that housing was one of the few if not the only way to invest your money. The Chinese stock market is a joke.

>>513936909 (OP)
This will be nothing compared to the US ((AI)) Scam Altman bubble. Investing in data centers with useless GPUs has just surpassed ALL CONSUMER SPENDING - COMBINED!!! Just this year they spent 1 trillion $ and 95% of products have ZERO REVENUE, not profit - REVENUE! Evergrande still has housing they can sell, a physical asset. Datacentres are useless.

>>513936909 (OP)
>housing prices down at least 30%
So its a good thing for the majority of people

>>513937351
Housing being affordable is a bad thing for Chinese?

>>513937351
They can invest in Tencent, digital entertainment is only going to become more lucrative and will evolve beyond mere vidya games.

>>513937416
All consumer spending in US*

>>513936909 (OP)
>And they have apparently no intention to ever repay it
that's how bankruptcy works? Should've picked a different investment instead of throwing money at a bubble, investing isn't actually free money

>>513937440
Not really, because "Chinese families losing saving".
Those people paid in advance for houses that will never get delivered.
They are now debt-slave and cannot afford to buy another house.

>>513937447
yes. think of all the landlords who might have to get a real job like they want their tenants to do.

>>513937545
Maybe they shouldn't have speculated

>>513936909 (OP)
>mega kikes upset that the ccp isn't going to bail them out are screaming about the collapse of china
It's amazing that boomers can't see jews for what they are. They print money, give it to themselves and then loan it out to developing countries. It's beta male imperialism, they have to constantly make shit like mad men and the wolf of wall street to convince the masses it's chad behavior when anyone who isn't brainfucked for 30+ years by television can see that it isn't.
>you love china
They do the same shit jist differently with product dumping and currency manipulation. But the people defending 'western capitalism' are as delusional as the most ardent rural chinese nationalists.
In fact the only people more delusional than both of you are indian humble braggers on social media who are defacto slaves but claim they are taking over the world.

>>513937545
Prove that they make up anything more than a small minority of citizens.
If you are paying upfront for a house that hasn't been built yet you're a dumbass either way.

>>513937102
something comfy about watching ghost city videos

>>513937682
They [the average chinese family] didn't "speculate". On paper, they just financed a construction project to build their first home.
Same as any other family, in any other country.

>>513937545
>they bought housing funded by foreign investment
I know this is confusing to someone who lives in a country with an openly jewish leader, but betraying the people around you and acting like it makes you smart ends poorly for 99% of people in human history.
>but leaders and countries do this
You aren't a leader and you aren't a country. You are an individual acting like a welfare nigger during covid.

>>513937724
Lots of french people do the same thing.
The only difference is that our companies actually deliver the houses. (most of the time...)

https://www.ouestfrance-immo.com/immobilier-neuf/investir-neuf/france/

>>513937440
no, its very bad because 1/3rd of their entire economy is propped up on housing speculation. Prices coming down doesn't matter if you're poorer today than you were in the past.

>>513937914
Explain how housing speculation can prop up 1/3rd of the economy of the world's greatest manufacturing superpower

>>513937789
Most people buying unfinished homes are either speculators or families buying their second or third home. Most new families aren't buying a unfinished house that will (best case scenario) take a couple of years before it can be lived on. The vast majority of people who got fucked by this were speculators. Good riddance. Actual new families are happy with rising wages and cheaper homes.

>>513937689
China isn't manipulating it's currency. It is a monetary sovereign, just like USA, Japan, UK, Australia, etc. So it has the ability to create its own money.

China then acquires large amounts of foreign currency because it exports tremendous amounts of real world goods to countries paying in that foreign currency. Then it uses the foreign reserves it accumulates to buy bonds offered for sale denominated in those foreign currencies, which keeps the foreign currency strong relative to their own currency.

Were the foreign country not purchasing so many real goods from China or were not selling them bonds, this process wouldn't be happening. It's all very much above board.

>>513936909 (OP)
>THE NUMBER ON THE SCREEN WENT DOWN AND IT EVEN BECAME RED, THAT MEANS YOU HAVE TO COLLAPSE NOW NOW NOW COLLAPSE RIGHT NOW!!!!!!
>No
It's incredible how buckbroken westoids are by their imaginary numbers on a screen, the same numbers that claim shitty social media service companies are as valuable as the top 10 biggest global steel producers put together.

>>513936909 (OP)
If you owe someone $45,000 it's your problem.
If you owe someone $45,000,000,000 it's their problem.

>>513937937
>>513937938
You can't get through to these boomers.
They fucked up, they know they fucked up and they know that you know they fucked up.
The best they can do is hope every other country on earth fails so they can say 'I didn't fuck up that badly though!'
They think the exact same way as childless middle age women and single mothers.

>>513937351
>what is gold & silver
Their fault for being too greedy/retarded

>>513937938
I had a colleague who did, though.
The construction took less than two years. And he was paying low rents until then, because he was a public worker. (the house he was renting belonged to the state)
There's probably plenty of other scenarios in France where you could afford to rent while building your actual house.

Plus, building a brand new house is actually way cheaper than buying a second-hand house, here.

>>513937988
>mistakenly thinks I am on his side because I criticized the west
>thinks he can henpeck me based on this
I know who you are; how about I open a bunch of social media in your name and post shit against the ccp?

>>513938173
Congratulation to him then. I'm just telling you most of the people who got fucked with evergrande collapsing were housing speculators. Most normal people still have their homes, and are now relieved that housing is getting cheaper.

>>513937937
The housing market is widely overpriced with decrepit condos built in the 80's and 70's being worth millions of dollars. This is also combined with the somewhat unique chinese affinity for buying condos that dont exist and selling them on the market before any pavement or work is done. Directly and indirectly the housing industry props up one-third of the world's number 2 superpower and it's built almost entirely on the real estate version of selling baseball cards.

>>513936909 (OP)
>housing prices down at least 30%
fuck, losing 45 billion to make housing prices 1/3rd cheaper for 1.4 billion people is an insanely good deal. imagine you could pay $30 to reduce the cost of buying a house or rent by 1/3

>>513938062
That's the "funny" part :
China's own economy is not threatened by that collapse.
The rest of the world's is... Because big actor in the finance sector were still using those stock as collateral in retarded bets.

And as >>513937416 stated.
There's one HUGE domino that is due to fall in the next years.

>>513938236
Knock yourself out, nigger.

>>513937166
This, retards think that just because you can invest in it, the Chinese government needs to make sure line goes up, when in reality, if its not improving the lives of the citizens directly, the chinese government has no incentive to make the line go up.

You speculate, you lose, congratulations.

>>513938062
It's because western economies aren't real, so that number on the screen IS the entire economy. Look at Meta, makes nothing of value but is valued at 2 trillion dollars. Look at Tesla, it sells and makes fewer cars than Mazda yet is valued multiple times higher than the top 3 biggest auto manufacturers. Ever worked at a big company? 90% of it is just a daycare for women and minorities who produce nothing.

So why does the rest of the world accept this? Because the US had 50 years of hegemony to push their economic control onto the global scene, that's why countries agree that companies that should be valued a few hundred million dollars at best are worth 2 trillion. That is ending now however, the US has been in freefall for decades and its global influence shrinks every day.

When it comes to real value, China's economy is likely 5-10x bigger than the US, Russia is also several times bigger than all of Europe. This is precisely why they cling onto the GDP, petrodollar, etc. When the flip comes, it's fucking over for the current western establishment. This will actually be good for the average western white man however.

>>513938393
>So why does the rest of the world accept this? Because the US has an army big enough to fight the rest of the world.
fify

Violence is the true currency.

>>513938272
>The housing market is widely overpriced with decrepit condos built in the 80's and 70's being worth millions of dollars.
a perfect representation of the West

So Evergrande was just one huge Ponzhi scheme? Since they either did not build or built fake buildings, where did all the money go?

>>513938668
Expensive whore, I guess.
Opium, maybe? Weren't chink supposed to like da opium?

>Beijing government signals no bailout
based chinks. china will grow larger.

>>513938745
Did the Chinks jew the Jews?!

>>513938783
Chinks's leader ARE Jews.

>>513938272
Are you a bot? Where do you get the 1/3 figure from?

>>513937102
I think i see what is going on: the fake buildings were either built by jews, or jews will be blamed for scamming people with fake buildings. This will be what ultimately causes the rift between the US and china, and since the tradewar already stated and the chinks are naming the jews now and i can see this being what kills the offshoring obsession boomers have with that fucking place.

>>513938747
NOOOOOOOO
THEY SHOULD OF PRINTED 55 TRILLION AND GIVEN THEM TO MEGA CORPS
WHAT THE FUCK
THIS IS -LITERALLY- 10 SHOAS

>invest in bad investment
>fail
what a surprise
based chinks telling investors to get lost.

>>513937166
fucking love that nigga like u wouldnt believe

t. actual chicom

capitalist paper speculators can get fucked in the ass

>>513938062
that's because lobbyists and capitalists own and rule the west. anything lower than double digit green numbers is a greater catastrophe than the meteor that nuked the dinosaurs to them and must be avoided at any cost.

AlwaysMucho
Goddamn mongorrians

>>513938995
I pulled it from the BBC article OP quoted, specifically this part
>This is particularly problematic as the industry accounted for about a third of the Chinese economy and was a major source of income for local governments.
https://www.bbc.com/news/articles/c14g7r44566o

>>513936909 (OP)
how much did the US bail intel out for?

>>513937789
it's peculation you fucking kike. these "families" bought many apartments at a time with far into the future delivery dates.

>>513936909 (OP)
>$45 billion
that's like nothing

>>513936909 (OP)
red line must go up, red line must go up red line must go up, red line must go up red line must go up, red line must go up red line must go up, red line must go up red line must go up, red line must go up red line must go up, red line must go up red line must go up, red line must go up red line must go up, red line must go up red line must go up, red line must go up red line must go up, red line must go up red line must go up, red line must go up

>>513936909 (OP)
as opposed to being bailed out by the government over and over because "too big to fail"

stay seething corporate psychos

>>513939397
Who knows what lurks behind all of the other real-estate companies in china.

>>513939474
It's china.
This is a bail out.

>>513936909 (OP)
holy shit
for the last two decades, Chinese provinces seized rural farm land and used plots as collateral for enormous loans from international banks in the largest housing bubble ever seen
thanks OP for the update

>>513938393
to add: a friend just had an ER visit. simple scan and outpatient shot. bill came to $65,000, of which $64,000 was paid by insurance. all of these massive numbers for basic shit go into (((gdp))). it's a fucking fake.

>>513939474
They would have bailed Evergrande out if Beijing weren't fucking superman deep on EVs and Taiwan grade computer chips.

>>513939295
Well damn you were right that is surprisingly high.

>>513936909 (OP)
Those poor chinese and their cheap houses built on debt that they just simply won't be paying!

>>513939510
probably nothing
heh

>>513936909 (OP)
Chinese stealing money from Jewish creditors will never not be funny

>>513939581
The banks in question had 10 years to prepare for the fallout. So they should be safe by now.
But somehow, during those crisis, it seems there's always one institution lagging behind and getting flushed out of existence...

I'm wondering which one it will be this time.

>>513938490
I was about to say, what a fucking retard selfowning like that.

>>513939174
This is a well-understood problem, there's really no room for your ignorant rambling.
You can blame jews for a lot of things, but the Chinese made their own bed with this one.

>>513937166
if you could distill mien kampf into a single line it'd be this

>>513936909 (OP)
>$345 billion company
>$255 million in assets
>it's an asset company
That's oddly familiar. What could it be?

>>513938393
>meta makes nothing of value
Anon, they make money. Revenue. Profits. It's not up for you to decide what they make is 'valuable' or not, just that it brings in cash. Go ahead, yell at everyone to get off of instagram.

>>513937166
5 years ago, he was encouraging chink to buy another home even if they got one

>>513939996
<<<--this is who got screwed probably

>>513940272
some more info

>>513940292
>>513940272
Interesting. I'll look it up.

China will never be the world reserve currency or any other fucking standard, either:
>murderous state censorship
>can't post on the internet lol
>infanticide
>lack of transparency
>manufactured products suck ranging from spatulas to rockets
>slave labor
>use literal hieroglyphics for alphabet
>world-renowned for scientific retractions
>horrific animal torture that even makes the cartel look away
>responsible for nearly every deadly pandemic the world has ever seen b/c they have half-dead animals in cages in wet markets that act as viral and bacterial mutation incubators
>forced marriages
>religious cleansing
>blatant, well-structured and encouraged mass state surveillance via a trial Central Bank Digital Currency
>for the last two decades, Chinese provinces seize rural farm land and use plots as collateral for enormous loans from international banks in the largest housing bubble ever seen
>crypto is illegal
>have ‘gender laws’
>execution of house pets during quarantine (just added this one)

>use literal hieroglyphics for alphabet
>use literal hieroglyphics for alphabet
>use literal hieroglyphics for alphabet
kek

livepuppyinhotoilwokbeingbeatbackdownwithstick.jpg

>>513936968
I respect that.
>>513939996
I'm expecting them to retroactively blame credit Suisse.

>>513940432
>oracle bone
soul
>modern simplified
soulless

The NYFed just tried to subvert China a couple years ago
>Morgan Stanley and Bain Capital offices (known as Capvision-- a 'private expert' company and Mintz auditors) entered china and were alowed to operate, then raided and all their computers taken and in Mintz raid, people were arrested
this was the moment the NYFed realized China had turned
i had an entire thread on this and have a rather lengthy folder on capvision

>>513940545
english is the LAST language for a reason lol

>>513940810
and this happened, too, which showed how deep China was allowed into the Fed
i would go as far to say that the NYFed and china were actively working together to undermine the US

in my next post, there is a link if anyone wants to learn about china and the NYfed

>>513938487
this is only a small part of the truth
even at its peak, us military power was overstretched in korea and vietnam
the real reason the world tolerated us hegemony was the endless consumer demand of the middle class society
access to us markets allowed countries to industrialize and become rich
no one else had enough money in enough hands to buy the output of third world factories

If I owe you 100 bucks it's my problem. If I owe you 45 billion it's your problem.

>>513940966
Daily reminder:
The State Capitalist/Communist Regime of the Federal Reserve Uniparty

There is Free Market Capitalism, which we do NOT practice. This is when you have competition & the rewarding of success.
We practice State Capitalism (low-grade communism) in which the central bank rewards their buddies whether or not they are successful. They also launder their worthless Federal Reserve Notes into real assets while doing so, which are then held by their private corporation. This is State Capitalism.

Again, NOT to be confused with free market capitalism, which is probably only truly practiced somewhere in the Andes.

The Federal Reserve is a group of 12 private, incorporated, regional franchises (they can each be sued) & is the driving force behind the corporate takeover of our government.

State Capitalism (aka low grade communism directed by the central bank):
>the state has considerable control over the allocation of credit & investment
>planning to protect & advance the interests of big business against the interests of consumers.
>government controls the economy & essentially acts like a single huge corporation
>publicly listed corporations in which the state has controlling shares

The Fed con in 105 posts.
https://archive.4plebs.org/pol/thread/306098770/
Correction in archived thread: change mortgagee to mortgagor

Fed info & links to house & senate crypto summaries:
https://archive.4plebs.org/pol/thread/329381702/

Criminal activities of the NYFed's primary dealers
https://archive.4plebs.org/pol/thread/342538518/

The NYFed investing in China:
https://archive.4plebs.org/pol/thread/359651784/#359683568

Ukraine & its owner, the NYFed: https://archive.4plebs.org/pol/thread/373203255/

Fed thread: https://archive.4plebs.org/pol/thread/389999787/

June 2023 Fed thread: https://archive.4plebs.org/pol/thread/428705533/

The irony here is that we are, in real time right now, witnessing the failure of low grade communism, aka state capitalism.

>>513937197
>prices going down is a bad thing
I can only imagine the pile of shit you live in Bruce

>>513936909 (OP)
>cheap houses for chink citizens
>jewish speculators left holding the bag
looks like a win for them to me

>>513936968
Bravo, seriously. So rare to see nowadays. Have a bump.

>>513936968
based baguette

>>513941723
youre obfuscating state market capitalism, which is what the chinese are and what the USA has devolved into being the creditor nation and response to to the financial crash. It would be more accurately put that through various laws and legislation the fed can not do what was needed and Blackrough, through donald trump, eventually becomes the 4th branch of gov and 5th column of power. Youre being disingenuous when your posts are normally informative. We also only need to focus on the NYFed. And you and I both know, Abe and America have already experimented with and succesfully issued US citizen owned fiat. Start posting what really needs to happen. America becoming the 110th

>>513937416

AI has maybe 24-36 months on the tech side before people realize that business has no idea how to utilize AI, nor can they find or afford anyone competent enough to implement solved problems or solve any unsolved problem.

whatever you do, dont invest in any DC Business/REIT. utility scale substation transformers are oversold for 8-10 years. Mitsuibishi/Toshiba/Japanese NatGas turbine manufacturers have only begun in the last year marketing small NG powered 1Mw scale turbines that can be direct connected to site utilities for DCs. they are still 3+ years from QA/Delivery and probably 10+ years away from any NG/Environmental permitting in any remotely BLUE state.

>>513937416
sorry friend youre flat out wrong, the logistics and automation in war and governance outweighs your tears. The US government is racing, like the chinese and russians, to end prime factorization

>>513941995
>youre obfuscating state market capitalism, which is what the chinese are and what the USA has devolved into being
this is exactly what i said lol

>It would be more accurately put that through various laws and legislation the fed can not do what was needed
lolololololololol
the Fed is failed contractor that was hired to provide the citizens with fiat to trade
they failed

your post is
>poorly written
>incoherent
>sides with the Fed
>suggests leaving the other 11 broke franchises in tact when we nationalize the Fed
>tries to make it about race
>Isn't Abe dead?
the last time i posted Abe's name on here i was banned for five days

tick fucking tock
'monetary federalism'

>>513942625
>Abe's
kek i thought he was talking about japan and the carry trade

kek
>expert network
lazy skimmers dread real price discovery

>tech/greed/narcissism/corruption destroys humanity one person at a time
>people are surprised when the world turns into a superficial shithole loaded with people of low integrity, no skills and no standards

Watch as the Federal Reserve Uniparty owns, datamines, monetizes, surveils, and profits from every transaction on the globe:

today, most people are either:
corrupt (they are actively profiting)
compromised (someone is blackmailing them)
complicit (not outwardly doing anything illegal, but looking the other way so they may get theirs)
or
cowardly (they are too spineless to speak up)

We have all been living a horrible lie that only benefits those entities that issue the currency (24 international banks aka the NYFed's primary dealers) and those financial firms that they choose to fund.
This century-long, usurious scheme leads to a grotesque elitist class, inequality, misallocation of capital, and market rigging. This constant skimming by the privately-incorporated Federal Reserve Uniparty leaves the citizens downtrodden and constantly in need of new loans and taxes. Until the Fed has been abolished, we will ALL continue to devolve.

>just a slow, quiet descent into GLOBAL mediocrity, poverty and crime
>The NYFed, and its primary dealers — 24 private, nation-less, financial corporations, destroying the planet with national indebtedness, purposeful arbitrage and false scarcity

>>513936909 (OP)
GAMESTOPPED.COM

>>513937166
The truth here is, only investors got fucked.
(land lords)
Very rarely in china housing is actually bought.
99% of the population is rentoids because there is a law saying that even if you buy property the state nationalizes it after 70 years.
And the rent is very low.

>>513942625
no i mean nonce the fed legally can not loan money to people. Yes it is about removing Jews, just like andrew jackson did to the Rothschilds bank of new york. I suspect you are a jew trying to return us to Gold. American printed fiat currency, greenbacks, like Abe, are perfectly viable, while being fiat

>>513943286
You got it all wrong.
Land is the only real investment left in chyna.
Unlike the west, it is the average Chang that is getting fuck rather than some kind of holding

>>513938326
It'll drop half a point and that will be spun at the literal apocalypse
It's like complaining over a speck of food on a plate that's clean, just scratch it off with your nail you dummy

>>513943286
>that even if you buy property the state nationalizes it after 70 years.
at least they're honest about it, here we just pretend to own but really are just renting from the government, but that is for a whole other thread

>>513943524
lucky ones get to park their cash in USA. Really hard to come to parity with a nation your wealthiest flee to park their capital. The french and japanese hold more power then the chinese in the 21st century.

>>513942100
I work for a major Semiconductor company and they just rolled out an AI for all office workers to 'play around with'
They don't have any official processes yet and they're shooting shit at a wall to see what sticks

>>513943613
must suck to be non white, my family sold a house in philly suburb bought for 10k or 750k, rolled into another property, ill inherit. Man that sucks to have a life with as shit as your family, sorry pal

>>513943344
the rest of your post is so stupid i am not even going to reply to it
>American printed fiat currency, greenbacks, like Abe, are perfectly viable, while being fiat
this is what i seek, shows how new you are
pic related a fucking meme masterpiece

>>513943788
no you have the source of purchasing assets wrong nonce. America is one of the few that you can directly invest into the largest companies. You can not do much but buy property in china and they buy their homes before they are built

>>513943750
now i'm black
lol
are you the best they have?
your posts only demonstarte a level of desperation, kind of like American Greed 35 minutes into the show, before the person get caught lol
i'm really going to fucking enjoy this

>>513937102
The Chinese don't care, if they go broke they just cram together with their families, same as they did one generation earlier.

It's harder in the West where people are used to a higher standard of living for much longer.

>>513943854
then why are you calling the only market on earth the pleb can invest and retire, state sponsored capitalism. Capital in america uses state power, while chinese state uses capital. May be pedantic, but USA is better described as a Capitalist sponsored State

>>513936909 (OP)

I celebrate the downfall of America's greatest enemy.

>>513936909 (OP)
>>513937166
>Houses are for living, not for speculating.
>- Xi Jinping
Bravo, anon.
When Xi declared this in 2017, it placed FEAR and LOATHING into the hearts of the Goldman Sachs grifters, where "Everything is an Asset Class" is their (true) fucking religion and orthodoxy.

Bonus, to make many ITT seethe:
>Breaking down the 'China Collapse' theory with Jeffrey Sachs
https://www.youtube.com/watch?v=8029hs0toLc

Only 3 countries have/had a serious trial CBDC:
China (tired of being sodomized by the NYFed)
Ukraine (also currently being sodomized by the NYFed)
Sweden (fully, voluntarily-cucked by the NYFed), willing to try a CBDC, like no country ever seen before
>lol arrow in picrel

>>513944111
Sweden's 7-year, 98.8% cash-free, CBDC pilot just failed
Swedish officials said a sole-CBDC was a national security threat, only enriched the already-rich and cut the vulnerable entirely out of society.
fucking kek

now, China is Sweden on steroids

>>513937440
Not when the economy is dependent on building more houses.
Our economy is screwed for the same reason.
No building, fewer jobs.

>>513943993
you don't understand money creation, you have a folder of images to post to fit your preconceived narratives. There is literally nothing threatening FED money creation power and thats precisely the problem, certainly not the chinese providing an alternative method or economy. Youre a doomer posting about a FED collapse that simply wont come. The issues is theft through inflation

>>513942625
What would happen if just one of the companies in the reserve went under
What happens when a system that requires every part to work, suddenly loses one piece of itself

>>513944076
we have investment w/o the Fed
we are wealthy IN SPITE OF THE FED, not b/c of it

>>513944213
Their economy is so big that this housing speculation bubble is only 5% from the total.
its literally nothing.
Trump did more damage just with taxes.
Again only people here that lost money are speculators.

>>513944391
you just outed yourself as a sino-shill friendo. The devaluation of the Yuan, meaning only sacrificing your peoples standard of living is keeping markets open. Great move chang. America meanwhile screws its citizens with $2 more for a fast food burger. The amount of cope in your post is state sponsored

>>513937937
The housing market doubles as a facility for laundering money.
The biggest of that is laundering proceeds from drug and human trafficking but also politicians taking bribes,
About ten years ago some Chinese official was taken down, he "owned" more than four hundred condos, etc. in China and overseas. That was just one and the article was quickly memory holed.

Or that Labour politician who just bought her third multi million pound house and was a school leaver who never worked in any other profession.

<<<----this is who holds our debt

OUR largest holding of another country;s debt is the CAYMAN ISLANDS LOL
$5 fucking trillion lol ($2.5T in their national bonds and $2.5 T in Cayman Island corporate bonds)
the next largest holding we have is ~$1.6T in UK bonds
just so everyone can get an idea of how the governments trade in our labor and debauch our currencies

>>513936909 (OP)
that explains why blackrock has been so hostile toward china lately

>>513936909 (OP)
>housing prices down at least 30%
Oh no?

>>513944388
you keep calling Rothschild backed bankers the FED, fine, but remove them and keep the FED and all is well. We are wealthy because we went frfom 40% of gold ownership in world war 1 to 70% after world war two, thats it, thats the base of where this starts

>>513937988
China has to take US dollars in order to sell in the US.
Meanwhile the US can purchase resources or goods from other countries in their own currency the US dollar.

>>513944686
cayman islands like London are covers for CCP purchasing of T bills. The Chinese are completely intertwined to the fate of the USA

>>513944808
If China doesn't want to accept US dollars, they can stop accepting them or stop doing business with countries that want to be paid in them. If they are okay with it, then they are okay with it.

I am not at all sure what you are trying to say here. There seems to be some kind of gotcha you think you're getting in here, but I can't figure it.

>>513944262
>you don't understand money creation,
oh i do

First:
US Gold Notes and US Silver Notes are interest-free, metals-backed, NON-fiat notes that could be issued by the US Treasury TODAY.
US Notes are interest-free, fiat notes that could be issued by the US Treasury TODAY, they can also be metals-backed and were intended to be used as a tool for the citizens to trade.
Federal Reserve Notes are DEBT-BASED, fiat notes issued out of thin air by the privately-incorporated, now-BANKRUPT Federal Reserve 12 regional franchises and are currently bankrupting the US Treasury.

All of the above are ALL DENOMINATED IN US DOLLARS (aka $US), which is a fucking UNIT.

And secondly, there are FOUR ways currency is created in the US:
1 Congressionally-approved Public Issues treasuries for deficit spending via the issuance of marketable US treasuries sold by the NYFed’s primary dealers aka Debt Held by the Public (now ~$35 T)
2 Intragovernmental Debt GAS securities (aka ‘Unfunded Liabilities’) that are created/issued for currency to run public agencies (over $152 T now) and ARE PURCHASED WITH YOUR PAYROLL TAXES
3 The commercial tier 2 depository banking sector, it makes small loans in which only the interest remains in the banking system after the loan is paid back (the principal and repayments are destroyed when the loan is repaid) —this can remain when the Fed is dissolved
4 QE, this is fucking counterfeiting by the now-insolvent NYFed's primary dealers since 2008 via IOER (now called IORB) and we pay all sorts of interest on this, increasing every day with raising rates

The unproductive, parasitic class spear-headed by the NYFed are debauching our national currency by USING MONEY TO REPLACE ACTUAL SUCCESS.

pic rel and we are up to a trillion in federal reserve notes in interest paid this fiscal year too, with still two months to go!
a fucking trillion dollars paid to borrow our own fucking currency from the now-bankrupt failures of 2008

>>513937166
https://fortune.com/2022/08/17/china-property-crisis-housing-bubble-viral-video-official-says-buy-homes/

>>513939581
Same trick was done in the US in the 1920s.
That is where the term Betting the Farm came from in gambling. People literally did that to place stock market bets and live it up on pretend wealth in the Roaring Twenties until it imploded at the end of the decade.

>>513944646
yeah whatever

>>513944262
i am not disenfrachised in anyway
now what?
why is it always assumed that people that expose market rigging are poor?
is it b/c most 'successfu'l people today are on the take and really are incompetent frauds? probably

Money is often falsely equated with productivity, intelligence, class, success, integrity, and/or good taste.
If you equate success with money, you will likely be perpetually dissatisfied, in a constant state of longing.

But if you VALUE THINGS WHICH CANNOT BE BOUGHT, such as:
community
family
work ethic
intellect
fitness
perseverance
cleanliness
honesty
integrity
compassion
tradition
loyalty
reliability
patience
humor
If you value the above, you will always be content and successful, no matter where you are or what you do.
Judge yourself by deed, not possession.

Don't worry OP i'm not gonna flood your good thread
just a couple more

>>513944943
the chinese can go bankrupt, USA can not. CHina can only print ad Infineum domestically, USA prints as much as it wants and taxes the world for inflation. The chinese can not create money indpendent of the federal reserve note. The chinks can only pay foreign bills in dollars. You are absolutely devoid of any semblance of a clue on what money creation is. ANY country can print as much as they want domestically. There is stark difference in the yuan and federal reserve note, one being a fully convertible reserve currency

>>513945133
i want to back treasury-issued US Notes with land

>>513945210
>The chinese can not create money indpendent of the federal reserve note.
lol

>>513945133
pic related
it was margin loans
and pic related is really 8fucking times higher, the Fed has been underreporting this and the BIS spilled the beans in a paper

>>513945401
>margin loans are really 8fucking times higher, the Fed has been underreporting this and the BIS spilled the beans in a paper

>>513940223
A lot of that revenue is from click farms and bot followers. One successful lawsuit could take out that racket.

>>513944988
yeah youre talking about the made up colomnu to make money appear in their reserve accounts or some shit, some JEWISH babylonian money magik. Ok so ill give you understand deeper than i do, but we clearly disagree who and why the money is being syphoned out of america.

>>513945209
im not poor and im having discussion with you directly challenging the notion the state has control over capital, its the opposite in america, thats it. You think the government is making winners and losers and youre flat out wrong. The winners were here centuries before you and I even learned of this, this battle is on its 6 iterations in America. It is literally Rothschild backed bankers, thats it.

>>513945210
>fully convertible reserve currency
convertible to fucking what? taxes? lol

>>513945302
not without severe consequences i should add, but yes, nothing would stop them from it, im sure you're aware of the history of UK and other nations counterfeiting currency in these situations too. No action is free of consequence but only the FED has the world to offload its money creation

>>513940432
The only genuinely relevant factors are their face culture of pretending problems don't exist and therefore don't need to be fixed, and brute demographics. The average Chinese person is now over 45.

>>513945540
>you directly challenging the notion the state has control over capital, i
lol sure

A reminder, Federal Reserve Notes are what are being issued to worthless oblivion and
>the US dollar is a fucking UNIT

We need to AGAIN issue debt-free, Treasury-issued US Notes like we did before (and during) the bloodsucking, obsolete Federal Reserve. We need to AGAIN issue debt-free US Notes that are pegged to a basket of commonly-used weighted commodities, distributed by a series of state banks.

We can:
1 nationalize Fed banks
OR
2 dissolve Fed and have a series of state banks
OR
3 issue US Notes simultaneously AGAIN and eventually recycle worthless Federal Reserve Notes out of circulation
OR
4 YOU CAN RIGHT NOW: use cash/barter/stack/use credit unions/use cold wallets, these five things IMMEDIATELY transfer power directly to the people

USE CASH, NO MATTER WHAT COUNTRY YOU ARE IN, cash IMMEDIATELY puts the power in the hands of the people.

Real paper cash:
>is permissionless
>is private
>is anonymous
>has no transaction fees
>works in power outages
>doesn’t need the internet
>don't need to be a coder to use it
>doesn't depend on another party having a device
>everyone knows exactly how much they have
>has no transaction limits or thresholds for reporting
>money laundering is harder with physical cash, due to transport
>is inclusive, it does not see race
>is harder to use in ransoms
>can’t be hacked
>don’t need to remember a password to use it
>IS the ultimate in payment platforms
>using cash helps people to save money and budget
>puts the power directly in the hands of the people
>keeps the currency near the REAL goods and services
>less paperwork
>is face to face, not face to screen
>makes government theft harder
>using cash forces the debt-based Federal Reserve to serve the citizens

Boycott businesses that do not take cash.
NEVER USE YOUR PHONE TO PAY.
Barter is the real torpedo to these fucking clowns.

>>513945565
we just need to go back to tallysticks and call it a day

>>513941723
Thanks, anon.
Saving this.

big international finance is tokenizing securities and using a dual counter HKD to yuan peg on the HKEX
this way items are priced the same to both markets
this is how china and US finance work together behind the scenes while their citizens think they are fighting
hong kong is the grease

>>513945689
the people already have the power to stop any tyranny by SIMPLY USING CASH AND LEAVING YOUR PHONE AT HOME sometimes
these two simple things destroy these type of surveillance plans
you already have the fucking power
it is YOU that chooses to continue using the grid to your own detriment
you already have the power right now
you have agency still
they just need your consent to implement it wholly, then having agency won't even matter

the current tech trend is for citizens to not hold or own information or organize it or remember it
they also do not store it on their own computers, but in a foreign cloud that tracks all changes in real time
they only have instantaneous ACCESS to information
people are not being conditioned to retain info or organize it for themselves

tptb are now waiting for anyone with a high amount of intellect and knowledge to die off, then they will just be left with the malleable, dumbed-down 'instantaneous access' population that can't put two and two together

USE FUCKING CASH AS MUCH AS POSSIBLE NO MATTER WHAT COUNTRY YOU ARE IN
NEVER USE YOUR PHONE TO PAY

A NATION'S FIAT IS THE POWER OF THE PEOPLE IN THEIR OWN FUCKING HANDS
and this is why the Fed seeks to even abolish paper Federal Reserve Notes, b/c fiat paper mostly SERVES THE FUCKING CITIZEN:

fiat is the common national bond and cooperation of the value of one's labor
if this fiat is issued by a private, debt-based central bank, then only the central bank profits from the labor of the citizens, not the treasury or the citizens

pic rel is why we should never have a private debt based central banking franchise
17fucking91

>>513946035
>and this is why the Fed seeks to even abolish paper Federal Reserve Notes, b/c fiat paper mostly SERVES THE FUCKING CITIZEN:

>>513945639
>No action is free of consequence but only the FED has the world to offload its money creation
no
euro is more now, like 40%

>>513940043
KIKE identified. Immediate Talmud rejection activated.

>this is a well understood problem GOY Don't dray attention to us GOY!

American firms holding Evergrande debt included:

BlackRock: As one of the largest buyers, BlackRock significantly increased its holdings of Evergrande debt in 2021 through its Asian High Yield Bond Fund.

JPMorgan Chase & Co.: JPMorgan was identified as a bondholder, though its exposure was primarily through its asset management units and was considered small.

There is NO china without American money. Nixon saw to this, and after he was removed the kikes went rampant over there.

This post curses and damns all jews in the thread.

Oh noes chinese people will be able to buy homes while americans will stay homeless rent slaves until death. It's over for china.

>>513946353
interesting, i would suspect continued hostile trade policies until that drops.

>>513946513
>while americans will stay homeless rent slaves
fucking this
kek pic rel and prices still going up

>>513946648
that chart is older
it is like USD 50%
euro 40% and yuan 10% now
i do have a BIS paper just on that
they also said since covid the demand for large denomination cash soared lol

>>513946513
>while americans will stay homeless rent slaves
<<<-----lol
<<<----NYFed holding vacant, underwater commercial buildings, vacant apartments, in the fucking trillions, while rents rise
Under the guise of Covid, the NYFed and its ilk bought single family homes (MBS) and Commercial Mortgage-Backed Securities (CMBS), too, such as apartment buildings, trailer parks, nursing homes, offices, strip malls, warehouses, student housing, and RV parks and are keeping these real assets in their privately-incorporated LLCs (aka Special Purpose vehicles (SPVs)).

>>513946976
><<<----NYFed holding vacant, underwater commercial buildings, vacant apartments, in the fucking trillions, while rents rise
this is a real paper lol

iirc this is what is alleged:
black lady gets onto the fed board of governors
takes out mortgage calling it primary residence
takes out ANOTHER mortgage three weeks later in dif state calling it her primary residence and puts it up for rent
IS FUCKING EVERYONE CORRUPT?
does no one think
>hmmmm i'm in a position of power now, I should be setting an example
no?

and kek meanwhile

A recent thread:
<<<<——-https://archive.4plebs.org/pol/thread/504503488/
The now-bankrupt Federal Reserve is building a $2.5 B complex in Washington DC and funding it with borrowed US taxpayer money. The Fed is fucking broke and putting Italian beehives in its extravagant rooftop gardens and building private elevators to VIP dining rooms, yet bloviating about the importance of citizens being able to communicate in a republic. lol

To add to the elitism and absurdity, Elon Musk, with his toothless, empty threats on his way out the door of DOGE, glibly stated, “someone should look into the Fed.”
Really? Is that it? What an absolute fucking joke.

It is fucking amazing that Trump’s economic advisor (Miran) wants to now indebt the US with 100 year TOKENIZED bonds, so we can be skimmed for another fucking century by these insolvent frauds.

https://nypost.com/2025/04/27/business/federal-reserve-blows-2-5b-on-palace-of-versailles-hq/
https://archive.is/fpJ4J

This project DWARFED all other government building projects ever. And the real kicker is the broke-ass Fed is BORROWING this money from taxpayers for the project.

And note: Powell just got caught lying to Congress about this.
and UPDATE THEFT NOW TO $3.1B lol, which powell broke to congress when he got caught lying

>>513947406
>and UPDATE THEFT NOW TO $3.1B lol, which powell broke to congress when he got caught lying
lol on cnbc now, people counting how many times the FOMC said recession

ok one more pertinent post and then i'll stop

These MBS tranches (bought using QE) are held outright by the NYFed (NYFed acts as both note holder and MBS investor, multiple CUSIPs in each tranche, hundreds of properties in each CUSIP). If the mortgagor defaults (which 99% of them do/already have, which is why the NYFed bought them from their primary dealers in the first place), the deed then belongs to the Fed, who then either sits on the property (affecting housing values and skewing the housing market) or gives it to one of its triparty dealers to be rented (REITs) or to be picked over in foreclosure court. The NYFed now owns ~30% of all mortgaged homes, this was illegal before 2008.

The primary dealers that own the NYFed and the financial firms they choose to fund and that also make real estate purchases for the NYFed (i.e. BlackRock, Blackstone, Carlyle Group, American Homes 4 Rent) want to own all the properties, then the US government can become their customer through housing assistance; in this way, they form a closed loop of both supplier and customer, keeping the general public from owning any property, while profiting.

Under the guise of Covid, the NYFed and its ilk bought single family homes (MBS) and Commercial Mortgage-Backed Securities (CMBS), too, such as apartment buildings, trailer parks, nursing homes, offices, strip malls, warehouses, student housing, and RV parks and are keeping these real assets in their privately-incorporated LLCs (aka Special Purpose vehicles (SPVs)).

Update pic related to ~$2.2T

The purchase of these distressed properties by the NYFed causes false scarcity and false demand, which drive up housing (and rental) prices and prevents young and upcoming families from buying, fixing up and investing in these properties, as well as stopping new families from putting down roots in a community.

the Fed bought houses then justified holding those properties by paying out its boys IORB and RRP
the Fed is bankrupting the treasury
the Fed is~240 B FEDERAL RESERVE NOTES in the hole now

China needs to look within for value to its national currency.
When you look to compare yourself to others for your standards, they will always be mediocre.
Set your own standard and live up to it.

Money does not make food.
Labor, Seeds, Land, Air, Sun, and Water make food— we have ALL of these things WITHOUT fucking money. If you remove JUST ONE of these items, YOU WILL NOT HAVE FUCKING FOOD.
MONEY DOES NOTHING BUT ACT AS A QUANTIFIER FOR FUCKING TRADE.
We cannot have unearned income AT THE EXPENSE OF earned income. Finance must be the servant of production, not its master.

Money today is created in the form of debt, which is then used itself as leverage to force countries into the global, debt-based, central banking scheme we have today in the NYFed/BIS/IMF cartel.

lol let's repeat this paragraph

>>513936909 (OP)
>part of that debt is due to foreign creditors btw.
Very little of it. IIRC it's much less than ten percent.

>>513937166
Gigabased

Lately I've been thinking about the US housing market, and how it likely is exactly like chinese ghost cities.

And this lady who was on infowars Friday w\ Harrison was giving out great information... She was saying that it's worse than we think.. She was saying that there's investment firms buying houses in bulk @ bulk rate... so, for instance, 300k per house was her example. Then they list them for say, $750k... and they drastically inflate the value.

Then when the bank gives someone a mortgage, they're printing 750k+ of money from a house that was built for like... 100k, and bought for 300k and it's a giant scam.. just trillions of dollars flowing around in excess of legitimate sales.

>>513949230
thx for this info anon

still here
making my lunch for work

lol a man on bloomberg just said the $12T in retirement assets will backup any crisis

>>513944391
There are people with real jobs, not just those coasting in middle management in the government or some large company like 90% of gays and women.

>goes out for a few hours
>45 posts by that id
Damn...

>>513936909 (OP)
I’m sure two more weeks should clear this up?

>>513950053
this is accurate and ironically gen AI says mostly the rote white collar will be replaced kek

>>513944686
>>513944864
Or its where corrupt politicians store their ill-gotten gains.

>>513950074
>45 posts
all related to housing and evergrand and the NYFed buying up assets with all of their Federal Reserve Notes

>>513936909 (OP)
>US housing bubble leads to mass homeless problem
>Chinese housing bubble leads to mass excess housing

>>513944864
do you have more than your word for this post?
please do show me china purchasing us treasuries thru the CI
i have to go, if you have proof please post it
i will reread the thread later
i doubt you do

>>513945209
True, but Jesus said that few will enter the narrow gate for a reason.

If people just stayed away from illegal drugs and lived within their means, even just that, and the power of the ruling class would almost evaporate.

>>513936909 (OP)
i own a high-dividend emerging markets ETF, which is mostly china. im certain i lost some money in this fuckup somewhere
GIVE ME BACK MY MONEY XI

>>513938272
Listening to mutts opine about China is a complete waste of time.

>>513937102
They should open them up to white people who want to escape the west. They have their own containment zone and can be bombed if they try anything funny.

>>513936909 (OP)
>Evergrande
Everbig (debt), it's in the name

>>513938487
Not any more it doesn't

>>513950595
操漢斯,中國第一!

>>513950736
>if they try anything funny.
"Fleeing from the consequence of your own mistake" by migrating count as "trying something funny" in my book.
A real human, with values, would simply stay and fix its mistake.

>>513936909 (OP)
Get fucked wallstreet jews

>>513936909 (OP)
It's genius when you think of it. Pretend to be communists on one hand, while on the other hand pretend to have private industry. When the secretly government sponsored 'private' industry goes bankrupt the debt is erased and never hits the government books. You have many different 'competitors' who buy up their assets so the capital doesn't go to ruin.

Meanwhile Western governments still pretend national socialism isn't superior and insist on paying debts to the 'moneylenders'.

>>513937416
It’s just a glowie project to try to assemble enough computing to break 128-bit AES/other 128-bit encryption schemes (maybe in order to control PoW cryptocurrencies too). They’re still at 10^11 years per cipher they want to break, assuming brute force. No, I don’t have proof. I made it up.

>>513951887
That seems pretty pointless. Other, more robust, encryption algo exists already.
The goalpost would be moved a few weeks later.

>>513952467
I mean it’s as pointless as drawing pictures or answering questions someone has already asked. The whole point of the AI exercise appears to be pointless, so they must be accumulating computing resources for some other purposes. I am also aware that AES-256 or ChaCha20 would be basically impossible to crack even if humanity were to full dedicate all of its resources for millions of years to bruteforce it.

>>513936909 (OP)
China has so many ghost cities it's crazy.
https://youtu.be/_8WCiRW0vZw?t=504
https://youtu.be/u_k_I6VaN34?t=4018
https://www.youtube.com/watch?v=mblWnsP57pA
https://youtu.be/KBclVVJFnS0?t=162
https://youtu.be/08o4trrTODI?t=833
https://youtu.be/H8xtmrjHSbY?t=297
https://youtu.be/2errqQ4NAHM?t=138
https://youtu.be/MIUD-FE8rco?t=1567
https://youtu.be/Boh66Pjjiq0?t=663
https://youtu.be/FE0pKlskeGc?t=2557
https://youtu.be/ExgXvUyACzA?t=428
https://youtu.be/hap2acZ_PWE?t=517
https://youtu.be/GjpOH3xZQqQ?t=1428
https://youtu.be/KQTKhN1qus8?t=2657
https://youtu.be/8T044v8EG5E?t=3451
https://youtu.be/_RfkEL4JMvE?t=1586
https://youtu.be/LFzv3Fv7CIk?t=1944
https://www.youtube.com/watch?v=u1GI09vukAk
https://youtu.be/c_E3iU6c6Ig?t=114
https://youtu.be/80N-ShwGTQU?t=523
https://youtu.be/4b2Y4WN3frY?t=774
https://youtu.be/HUbKO1cACLE?t=248
https://youtu.be/jiA4PDQsSAo?t=3158
https://youtu.be/-seijTcJBsY?t=2071
https://youtu.be/wkpZ7zcYjz8?t=177
https://youtu.be/fQ-skALArmI?t=4252
https://youtu.be/CZ4QGHTYloM?t=683
https://youtu.be/_LZqqgWlK8Y?t=2069
https://youtu.be/v2mU_-ngq94?t=6450
https://youtu.be/XC9iWZIbZXA?t=951
https://youtu.be/OQx4S7fJJfQ?t=2987
https://youtu.be/uiYkDWeWwxw?t=640
https://youtu.be/6RkpP_cCM8Q?t=271
https://youtu.be/2Wu7M2u9ems?t=1285
https://youtu.be/nAQbJ0Rf9QI?t=2738
https://youtu.be/FZpWNwWtPpk?t=1275
https://youtu.be/BvL1Hf2gD-g?t=568
https://youtu.be/-vwgdBFZTDA?t=1
https://youtu.be/2nuBB67gMos?t=2330
https://youtu.be/B5zSe0nSeLM?t=2087
https://youtu.be/mf16zD5OhzI?t=1225
https://youtu.be/eDgNu3SpFgM?t=626
https://youtu.be/cY2n5zgk_Rw?t=1013
https://youtu.be/66B2lGOTNxI?t=1
https://youtu.be/6yMwniU4KUI?t=612
https://youtu.be/ddfN9m8N09I?t=1
https://youtu.be/Ell7cwGPjc0?t=2473
https://youtu.be/AL8XjbBgTck

one last bump

The Bank Of International Settlements (BIS) is the head of all debt-based central banks (and founded by JPM) and was created in 1930 under the Versailles Treaty to get money from Germany for all the nasty shit they did in WWI.
The Federal Reserve and the Bank of England existed way before the BIS, the BIS morphed into their central clearing house and check-kiting hub for the first fractional-reserve, fiat, debt-based central banking schemes run in a few countries and then expanded from there to installing its central banks in over sixty countries.
Pic related
Note Iran, Iraq, Cuba, Syria, North Korea, Afghanistan, and Venezuela are NOT on the list lol
Note China IS ON THE LIST
>China begged to be in the basket of currencies under the IMF and BIS in 2015 and the yuan was finally used in 2017
>only took the NYFed four years to get China bent over the table
>Damn
Note Ukraine is NOT on the list, as it was a 2014 freshly-installed regional NYFed bank branch, it was still on probation
Russia is looking to get off the list.

The NYFed is similar to a space ship in sci-fi movies that hovers over nations and sucks up all the resources, slowly orbiting the planet.
Note that the NYFed and the Fed Board of Governors were just added as separate entities on this list

thx OP this is big news and not seeing it on the msm

>>513953461
you can see the smog in that image lol

>>513950526
>https://www.ft.com/content/b110292c-2569-11ea-9a4f-963f0ec7e134
how about precedent? And asking for proof with something so obfuscated as offshoring corporations. Its apparent that the cayman islands are custodial.

>>513936909 (OP)
>China is collapsing

>>513937898
>Prove that the affected Chinese are but a small minority of the Chinese population
>THE FRENCH PAY UP FRONT FOR THEIR HOMES
Epic deflection, your rabbi would be proud

>>513939295
So a company that's 45B in debt was 1/3 of a 20T per year and they went down for 45B even though they trafficked 7T per year and they could only recover 250m in assets.
Sounds like dumbest bullshit ever.