BRIC the Chinese Communist party scam to rob them blind
The USA has lots of recently young men from Latin America and the Carribean.
China has vacant apartments and a need for low-cost factory workers.
Perhaps a labor export treaty might solve both problems.
Dear Asylum Applicant:
Your application for asylum has been approved under the Trump-Xi Asylum Treaty. Please arrive at the dock for your trip to China....
The only success the Chinese are having right now is bribing and blackmailing The Democrat Party Organized Crime Syndicate to weaken and destroy The United States.
Anyone who still supports the Democrats has a criminal heart, mind and soul.
Yet someone in China keeps buying gold. Lots of it.
“Bad loans in the property sector today alone could be over $1 trillion”
Student loans in the US I believe are more. About half aren’t being paid on. I suspect most are on the higher balance side.
How much will you give me for this DEI college party animal?
Meanwhile, back at our ranch:
$35,367,563,656,596 and rising rapidlyThe world's in a debt mess, over-extended massively.
China’s economic crisis is still in the early stages. Eventually, China will have to buy up the bad loans and recapitalize her lenders, but doing so will be tricky and time-consuming. In addition, the effort will eat up much of China’s accumulated foreign currency holdings and other state assets. That in turn will require an unacknowledged abandonment of attempts to take Taiwan by force and will diminish the credibility of the BRICs scheme.
No matter how bad china is, we are worse off. Givt debt, consumer debt, aborting our future, importing a 3rd world future, rudderless govt, ethics-less courts and judicial system.