This time, China is going to crash next month.

[555]

The timing is certainly right. There are a whole new set of issues that China need to worry about, right?

Think about it. China is now run by the most corrupted regime ever. Xi JP's brother-in-law can get you approvals for anything in China so long you can afford it. Perpetuality in leadership is to allow Vice-President Wang Qishan to takeover Xi JP if he is ever ousted. Wang's notorious team chased Li Kashing out of China and is taking over Anbang and HNA Group.

In recent years, Chinese municipals and State-owned enterprises are issuing as much debts as US annually while the US economy is almost double of China? Is China dealing with anything worse than the real trade war (Japan fought a 20-years trade war with US and sank many Japanese Prime Ministers), or rising global interest rates, and many more I don’t even need to list.

Bitcoin is struggling to stay afloat and market believes that Chinese startups have been accumulating bitcoins (and other virtual currencies); because they believe that over 80% of bitcoins have been mined, so Bitcoin will eventually be US$100,000 or US$1million. WTF!!! Bitcoin is now struggling to stay above US$6000 now, down from US$19000 in December 2017. Xiaomi's staggering US$1billion quarterly (not annual) loss and Mobike & OFO's cashflow problems are now rumored to the repercussion of bitcoin's demise. When Bitcoin sinks below US$5000, hell has a special place for startups that appeared to have a functional business but speculating bitcoins behind the scene.

I agree that all these issues and rumors are purely bearish conspiracies which a seasoned investor should be able to judge.
Or rather, a prudent investor should understand when there is no smoke without fire.

 

[kryonlight]

Not so fast. The chink emperor has some tricks up his sleeve. More debt will be issued by PBOC. The party won't end until next year.

 

[eatshitndie]

Not so fast. The chink emperor has some tricks up his sleeve. More debt will be issued by PBOC. The party won't end until next year.

and they will hide the massive debt. prc is like a stinky abalone - nice with the shell on, but rotten inside.

 

[zeebjii]

The timing is certainly right. There are a whole new set of issues that China need to worry about, right?

Think about it. China is now run by the most corrupted regime ever. Xi JP's brother-in-law can get you approvals for anything in China so long you can afford it. Perpetuality in leadership is to allow Vice-President Wang Qishan to takeover Xi JP if he is ever ousted. Wang's notorious team chased Li Kashing out of China and is taking over Anbang and HNA Group.

In recent years, Chinese municipals and State-owned enterprises are issuing as much debts as US annually while the US economy is almost double of China? Is China dealing with anything worse than the real trade war (Japan fought a 20-years trade war with US and sank many Japanese Prime Ministers), or rising global interest rates, and many more I don’t even need to list.

Bitcoin is struggling to stay afloat and market believes that Chinese startups have been accumulating bitcoins (and other virtual currencies); because they believe that over 80% of bitcoins have been mined, so Bitcoin will eventually be US$100,000 or US$1million. WTF!!! Bitcoin is now struggling to stay above US$6000 now, down from US$19000 in December 2017. Xiaomi's staggering US$1billion quarterly (not annual) loss and Mobike & OFO's cashflow problems are now rumored to the repercussion of bitcoin's demise. When Bitcoin sinks before US$5000, hell has a special place for startups that appeared to have a functional business but speculating bitcoins behind the scene.

I agree that all these issues and rumors are purely bearish conspiracies which a seasoned investor should be able to judge.
Or rather, a prudent investor should understand when there is no smoke without fire.

LOL i've heard this for donkey years. I saw the number 1 china doomsayer gordon chang on tv recently. My god he is 67 but he looked so old. It's a near certainty that he 'crashes' into his coffin before china does. Killed by bitterness!

 

[Tony Tan]

Sky can come down. All other countries fell apart totally, but nothing can even move China little bit. That is today's China.

Only problem with it is being too kind to the world especially USA. And overly civilized. China should start destroying the west beginning from USA Israel and UK.
Stop being tolerant and civilized. So fucking kind for what? Blood pse!

 

[Froggy]

and they will hide the massive debt. prc is like a stinky abalone - nice with the shell on, but rotten inside.

And I'll still be enjoying my bone marrow in Aix-en-Provence

 

[eatshitndie]

And I'll still be enjoying my bone marrow in Aix-en-Provence

View attachment 44226

extremely high cholesterol. 69%.

 

[Froggy]

extremely high cholesterol. 69%.

Someone’s got to do it, no?

牺牲小我,成全大我

 

[eatshitndie]

Someone’s got to do it, no?

牺牲小我,成全大我

can bring ravishing beauty along? she has time on her hands and can clean out every boner.

 

[Froggy]

can bring ravishing beauty along? she has time on her hands and can clean out every boner.

Preposterous!!!!!!!!!

 

[winnipegjets]

We need some massive to happen to shake the world up. Only then will scums like Donald Trump be taken down.

 

[tanwahtiu]

Warlord Chinese dont need to kill enemy himself, 借刀杀人 孙子兵法.

The German and Japs are the 暗箭难防 that will be 借刀杀人 for Chinese .... 三国演义 fir China..

Sky can come down. All other countries fell apart totally, but nothing can even move China little bit. That is today's China.

Only problem with it is being too kind to the world especially USA. And overly civilized. China should start destroying the west beginning from USA Israel and UK.
Stop being tolerant and civilized. So fucking kind for what? Blood pse!

 

[no_faith]

Xi is holding the millitary power of china.
He has removed many ex leader henchman in govt.
To pull him down, you need the whole china.

 

[eatshitndie]

Xi is holding the millitary power of china.
He has removed many ex leader henchman in govt.
To pull him down, you need the whole china.

heart attack is waiting for him. looks so fat and unhealthy.

 

[no_faith]

heart attack is waiting for him. looks so fat and unhealthy.

Who knows?
Not only him leh

 

[555]

Not so fast. The chink emperor has some tricks up his sleeve. More debt will be issued by PBOC. The party won't end until next year.

Debts are need to sustain export subsidies and financing by banks. China's over capacity in metallurgy, plastics, car manufacturing, etc can surviving with increment in debt-availability. China exports about 10 times more than India.

Likewise, real estates and construction also need increasing debts to sustain them.
So when you have a financial crisis, investment & Capex means ballooning of debts.

 

[555]

LOL i've heard this for donkey years. I saw the number 1 china doomsayer gordon chang on tv recently. My god he is 67 but he looked so old. It's a near certainty that he 'crashes' into his coffin before china does. Killed by bitterness!

Andy Xie is another doomsayer. For over a decade, both have been telling us the same stuff.

 

[555]

We need some massive to happen to shake the world up. Only then will scums like Donald Trump be taken down.

Both sides are itching for a fight, without affecting hinterland.
It is probably South China Sea or East China Sea
https://www.japantimes.co.jp/news/2...pilots-east-china-sea-targeted-laser-attacks/

 

[555]

and they will hide the massive debt. prc is like a stinky abalone - nice with the shell on, but rotten inside.

I believe China is draining her reserves in recent years. Since Xi took over, China don't really buy more US Dollars than either Taiwan, Switzerland or even Singapore annually. When a country is financially weaker, the sales of US Treasury bills helps to bail out their financial sector for the short term. Put it this way, with a higher interest-rate environment and aging population, South Korea's pension fund alone is capable to buying as much US treasuries as China annually, to support their local pension payouts.

 

[555]

Who knows?
Not only him leh

Li Keqiang makes more money than Wen Jiabao. It is like Najib vs Mahathir.
Wang Qishan makes more than Jiang Zemin.
Xi just use his relatives as proxies.

So if anything goes wrong, his own faction can create a false-flag by silencing him.