Could we be so lucky? Or unlucky?

Posted by $ blarman 1 year, 9 months ago to News
10 comments | Share | Flag

If true, this could have tremendous implications for global economics. It might also be one of the underlying reasons for all of China's recent sabre-rattling.


All Comments

  • Posted by mccannon01 1 year, 8 months ago
    Hmmm. China, a communist country, ventures into a capitalist real estate endeavor because the communist method didn't work and then screws it all up. Why is there any surprise here?

    Edit add: Our country seems to be doing the opposite. That is, a capitalist (mostly) country dabbling in communism and screwing it all up. A pattern here?
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  • Posted by mccannon01 1 year, 8 months ago in reply to this comment.
    Yes. Socialist authoritarians have to find someone to loot when they run out of their own resources.
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  • Posted by mccannon01 1 year, 8 months ago in reply to this comment.
    They look like they've been left in the weather for months or longer. Useless at this point unless possibly used for burning.
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  • Posted by Aeronca 1 year, 8 months ago
    We're largely an interconnected society, so unfortunately when one country, say Chyna, pisses in someone else's backyard, say, the rest of the world, everyone suffers, including Chyna. Short term gains may be made but in the end we all suffer.
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  • Posted by $ Olduglycarl 1 year, 9 months ago
    Those are the worst 2x4s I've ever seen...did they really think they could build anything with them?

    Maybe a haunted house?
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  • Posted by freedomforall 1 year, 9 months ago
    Apparently the Party plans to support the market with 200 billion yuan ($30 billion.)
    If the problem is as bad as rumored, that sounds like a drop in the bucket.
    (Even the IRS got $80 billion in funding recently - although they are facing 300 million
    armed "customers", so that funding is as wasted as the arms left behind in Afghanistan.)
    https://www.zerohedge.com/markets/chi...
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  • Posted by $ AJAshinoff 1 year, 9 months ago
    Nothing so profitable as war. Culls the mouths to feed, boosts productivity and then you have to rebuild.

    We're certainly weak enough in every aspect to lose.
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