submitted by knightwarrior41 to whatever 3 yearsJun 16, 2022 15:42:03 ago (+1/-0) (www.msn.com)
https://www.msn.com/en-us/money/markets/u-s-economy-is-going-to-collapse-top-investor-says/ar-AAYxiP5?cvid=fac35f19a5d44bdb9d7b5ef9c1015c57&ocid=winp2sv1plus
[ + ] DukeofRaul
[ - ] DukeofRaul 4 points 3 yearsJun 16, 2022 15:59:30 ago (+4/-0)
[ + ] GeneralDisarray
[ - ] GeneralDisarray 2 points 3 yearsJun 16, 2022 16:29:23 ago (+2/-0)
[ + ] veggy
[ - ] veggy 6 points 3 yearsJun 16, 2022 16:33:52 ago (+6/-0)*
Their housing market is different then the west. Families save up generationaly for a house, then give 50% down payment to the developers. The developers are running away with the money, chinese citizens are PIZZED.
Also the bank runs have started in china. People are locked out of the banks the last week. A very bad sign.
They have also been in lockdown for 2 years and on going, like serious lockdowns. no one is working, people are starving in their apartments, factory cities are going idle (and they are VERY hard to start back up again in general)
They also have some serious water and food problems Again, more famine for china. (seems to happen there about every 50 years) "worse rice harvest this year, in 7,000 years of record keeping -chinese economic minsiter"
You know what saves china? WAR. It diverts the Chinese citizens attention, boost the economy and gets the pressure off the CCP. THe CCP knows this and has been planning for a while.
Also lots of western companies are vested in the Chinese markets so when they fail, it starts the wests fall as well..
Its already started.
[ + ] GeneralDisarray
[ - ] GeneralDisarray 2 points 3 yearsJun 16, 2022 17:00:18 ago (+2/-0)
But still fucked.
[ + ] knightwarrior41
[ - ] knightwarrior41 [op] 1 point 3 yearsJun 16, 2022 17:37:30 ago (+1/-0)
[ + ] lord_nougat
[ - ] lord_nougat 0 points 3 yearsJun 16, 2022 19:06:07 ago (+0/-0)
[ + ] KikesRus
[ - ] KikesRus 0 points 3 yearsJun 16, 2022 21:47:36 ago (+0/-0)
[ + ] GeneralDisarray
[ - ] GeneralDisarray 2 points 3 yearsJun 16, 2022 15:47:32 ago (+2/-0)
[ + ] knightwarrior41
[ - ] knightwarrior41 [op] 1 point 3 yearsJun 16, 2022 16:25:26 ago (+1/-0)
[ + ] GeneralDisarray
[ - ] GeneralDisarray 1 point 3 yearsJun 16, 2022 16:28:53 ago (+1/-0)
To be honest it's really fucking disturbing.
[ + ] knightwarrior41
[ - ] knightwarrior41 [op] 2 points 3 yearsJun 16, 2022 16:34:22 ago (+2/-0)
certainly, this whole thing is a contrived mess that will usher their coveted reset.
so yeah we are heading towards even more troubling times ahead as things deteriorate further
stay tuned....
[ + ] GeneralDisarray
[ - ] GeneralDisarray 1 point 3 yearsJun 16, 2022 17:05:26 ago (+1/-0)
I think here in Canada they will fucking explode with rage and it will be open season on the politicians and cops.
Canadians are really nice until they are not.
The rcmp will fucking shit their pants. The tough guy act will end in seconds and they will be begging the public to calm down and stop shooting at them.
They will probably have an internal war because the masons will keep on playing their pedo games rather than arresting the traitors.
I wouldn't be surprised if they start whacking each other when the shit hits the fan.
[ + ] knightwarrior41
[ - ] knightwarrior41 [op] 0 points 3 yearsJun 16, 2022 17:36:15 ago (+0/-0)
[ + ] PrincessRobotBubblegum
[ - ] PrincessRobotBubblegum 1 point 3 yearsJun 16, 2022 15:55:37 ago (+1/-0)
Not even a depression?
An uncomfortable queef.
[ + ] RabbiKinderschtupper
[ - ] RabbiKinderschtupper 0 points 3 yearsJun 16, 2022 16:33:26 ago (+0/-0)
[ + ] patchCodeUnsuccessful
[ - ] patchCodeUnsuccessful 0 points 3 yearsJun 16, 2022 17:13:23 ago (+0/-0)
What we're looking at is an aging world. Everybody moved to the cities globally and didn't have kids. So, the old are going to have issues as the amount they saved up will not be worth anything. Also, the young will be paid better. Shit is kind strange when you start thinking about it from a demographic standpoint.
Haven't read the article because I checked Michael Novogratz and he's a crypto tard.
[ + ] lord_nougat
[ - ] lord_nougat 0 points 3 yearsJun 16, 2022 19:05:12 ago (+0/-0)