[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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https://twitter.com/michaeljburry

This mf got hacked. What did his tweet say?

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It’s just some company calm down lmao

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Lehman Brothers was just some company.

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chyna

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This isn't going to cause a collapse of the Chinese economy. The CCP seems to have been preparing for this already and Evergrande has been in trouble for a while, now.

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Definitely feeling like that old guy stuck in the oil tanker in Waterworld.

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Based

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β€œSurely it’s over for Xi this time! Surely China is finished!”

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China just needs to follow the instructions on Commie-Mommy's arse and 'Tax the Rich'.

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Is anyone else bugged that this emote is called marseysoypoint and not marsoypoint?

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I don’t spend a lot of time thinking about MarseyPromptText.

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You should start then.

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This but unironically.

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Uighur and Tibetcels in absolute fricking shambles

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It will definitely happen this time!

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Totes! There's no way China can possibly afford to bail out... [checks notes]... $300G in bonds, an amount they purchase anyway every month or so

Collapse is imminent!

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Does the G stand for gazillion?

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How are people on the internet so bad at this? How much RAM do you have?

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My computer is top of the line sweaty I have 16 ram.

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Not a lot, but I downloaded 8 more gigs last month, so I'm gtg

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8 Gazillions

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Most people could not tell you how many zeros a gigabyte has without thinking about it a bit so abbreviate money amounts with the corresponding word.

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Yeah, but that's just stupid. Nobody writes "100t", they write "100k", without wondering what the frick "k" stands for (it's kilo). Just because 100M abbreviation happens to coincide with the word for "million" (though the abbreviation is for "mega") doesn't mean that additional ones should just follow English-specific short-scale terminology. Billion refers to what you'd call "trillion" in quite a few languages, btw (the word for English "billion" is "milliard"). Learn like four SI prefixes - k, M, G, T. It's not that hard, ffs.

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Have you ever tried sitting down and just not being so neurodivergent?

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Dumbass a kilo is a bong measurement of weight

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Yeah but kilodollars, megadollars, and gigadollars sound fricking stupid. If you were trying to sell someone something for 1000$ and you told them "that'll be 1 kilodollar" they'll look at you like you're a fricking r-slur an wonder what the frick you're talking about.

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Say "kilobuck", sounds better . But regardless - these are just prefixes, they're mostly for writing. You will, in fact, write "it cost 5k" more often than not, even if you won't pronounce it "it was 5 kilodollars".

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Never actually thought about it before but yeah, not only is it not consistent with a thousand when talking about money, population etc, it changes completely when talking about data and other things.

Oh well, I don't make English's dumb socially-accepted rules sweaty πŸ’…

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I’m riddled with shame. White shame. This isn’t helpful to me or to anyone, especially people of color. I feel like there is no β€œme” outside of my white/upper middle class/cisgender identity. I feel like my literal existence hurts people, like I’m always taking up space that should belong to someone else.


Snapshots:

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If you're a stock market bear and weren't happy with the fact that your SPY 180ps expired worthless on Friday, here's some bear porn from today to maybe help you get over it

https://i.ibb.co/F8Hgncj/24cb1de5d110.webp

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:marseyglow:

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china shills in the comments

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