[Developing] China's economy is about to fricking collapse πŸ‘€

FinTwit's going nuts: https://twitter.com/search?q=Evergrande&src=typed_query

"WHY ARE WE WATCHING FOOTBALL WHEN EVERGRANDE IS IMPLODING"

Good video clip on it: https://twitter.com/Reuters/status/1439811556792049674?s=19

$305 billion AUM. China is staring down their own 2008 Great Recession event. If the commies don't bail this bank out (lol), the Eastern world's economy is FUBAR.

Remember Michael Burry, the neurodivergent guy from The Big Short who made boatloads of cash from predicting the housing CDO bubble? Here's what he's saying

Bad news for the global economy, good for Dramacoin

110
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I hope they nationalise everything and start Red Scare round II.

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Remember how twisted the panties of prehistoric Chapos got when we bailed out Lehman Brothers? This time, it's the actual Communist Party of China making that decision. This is gonna get real interesting.

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And the CCP is doing it for Chinese landlords, Maoists BTFO'd

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Swallow subsidies next

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expecting chapos to be even slightly consistent

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China practices a strict interpretation of communism

Everyone starves to death and it's r-slurred

China only pretends to be communist and embraces capitalism

Productivity and quality of life skyrocket and it appears they may take over the world

China attempts to introduce some more communist measures

Immediate economic crash

Many such cases

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SAD!

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