Posted on 12/20/2021 6:17:48 AM PST by Browns Ultra Fan
While the Chinese Wuhan virus (aka, the Fauci Flu) has plagued the world, another Chinese “export” is also suffering what is known as contagion: China’s real estate sector.
Real estate companies Evergrande, Kaisa, Shimao and Chinese Estates are falling like a rock today.
But it has been a steady decline since Q1 2021 except for Chinese Estates. But they have resumed their death dive.
On the debt side, Evergrande is down to 18.856 while Kaisa has lost less (but still quite a bit) and Shimao’s bond look almost like a good investment, relative to Kaisa and Evergrande. But they are all sucking wind. Maybe they all have the Fauci Flu?
Let’s see if this latest Chinese “export” washes ashore in the USA.
(Excerpt) Read more at confoundedinterest.net ...
This, like everything else negative, Manchin’s fault.
What’s the connection with all these companies named “Everthis” and Everthat”?
It seems odd.
The boat stuck in the Suez canal was named Evergreen on the side (I think) but the TV kept calling it “Evergiven” ... is this some kind of code?
I heard HilLIARy has some company or fund named “Ever-something” too
wth???
EVERGREEN is the name of the company operating the ship. EVER GIVEN is the name of the ship.
You are correct about the investigation into Wuhan Virus.
If we didn’t have a POTUS who is compromised by the CCP, China’s finances is their Achilles heel, we could cause China real problems without thinking about fighting them over Taiwan.
We could delist all Chinese companies from our stock exchanges, unless they 100% come into compliance with our laws with respect to publicly traded companies.
We could have a port tax that taxes Chinese import to make them equal to American Products.
We could sanction US companies for doing business with the CCP and their use of slave labor for American Profits...
We could kick out all Chinese Foreign exchange students who many are spies for the CCP...
My point is we could really damage China in ways that could make them unstable and we aren’t doing it....
None of the real estate companies has anything to do with a virus—unless that virus is greed. It will take a while for THIS contagion to seep out of China.
It is mostly internal—but many western companies are invested in China because of the high returns. Many of those companies figured the CCP would bail out the real estate. They might—but that money is not coming out of China.
Been watching numerous videos on the Chinese real estate market. It has been a Ponzi scheme for awhile. It had gotten to the point where entire cities were constructed, not with the intention anyone would actually live there, but as investment vehicles. People thought no matter how inflated the R/E market and housing prices, it would always go higher and a property could always be sold at a higher price. The psychology of FOMO made that work for awhile. Quite awhile, actually.
What is very underreported is that the housing market in China constitutes about 30% of their economy. If that collapses, the shock wave will be world wide, much like the Financial Crisis in 2007-8.
Evergrande was all but dead in January, saved by the 6 Chinese billionaires’ cash injection.
If I was one of the six, I certainly wouldn’t be silent as my money evaporated. But this is CCP. One can’t help but wonder who’s greasing whose palms in China and to what end (smells like stage II).
If China ceases purchase of treasuries, what happens next?
Uh-huh.
Elusive ex-British special forces officer
facilitated Joe Biden’s ‘10% stake in dirty China deal’
Founded consultancy involved in secret arrangement
UK Daily Mail ^ | December 01 2021 | JOSH BOSWELL
Posted on 12/1/2021, 3:12:14 PM by knighthawk
A former British special forces officer with ties to UK intelligence services is at the center of Joe Biden’s alleged 10 per cent stake in a dirty deal with China.
James Gilliar wrote a now-infamous email to Hunter Biden in 2017 suggesting ‘the big guy’ would own a tenth of the interest in a multi-million-dollar deal with Chinese oil behemoth CEFC through his son.
Though the email, allegedly referring to Joe Biden, was perhaps the most shocking among the tens of thousands on Hunter’s abandoned laptop and has the greatest implications for American democracy – still little is known about Hunter’s shadowy business partner.
(Excerpt) Read more at dailymail.co.uk ...
XI AND THEN VP BIDEN (BFF as long as the checks to the Biden family clear)
My point is we could accelerate the contagion in China.
China is certainly doing everything in their power to undermine the USA, everything from stealing intellectual property, sending tons of fentanyl thru Mexico into the USA.
IMO, two can play that game, we have tools in our toolbox and we should use them, but we won’t...
It’s fine.
Until we as a nation, including our huge business enterprises, firmly believe that the survival of the nation is at stake, the Chinese will be leveraging our economy instead of the other way round.
No question, the Chinese have been brilliant they have bought off our politicians, Wall Street, major international companies, entertainment industry, and others....
We need to break the relationships with China, otherwise we will be subservient to China in more ways than we already are.
China sends the precursor chemicals to Mexico. The carrels mix it to make the drug. That’s how China’s hands can be “clean.”
What I don’t understand is if Mexico was shooting 100,000 Americans every year we would nuke them. I think we should have our drones over Mexico..not Syria or Yemen. Take out a few labs and the cartel will get shy.
I think the US government is afraid of the Cartels because they don’t “play fair.”
You can be sure the Cartels would not play fair...
They would send over Fentanyl double or triple the current strength, instead of killing 100,000 people they would potentially kill multiple times that many....
that is just one thing they would do....
The other explanation is major elements of the US Government could be working with the Cartels and don’t really won’t to stop them...
Perhaps you have heard the name of Ed Calderon who was in law enforcement in Mexico for years, he’s a US Citizen now and consults in the area of personal protection.
He recently was on Fox News as a Contributor
He says that New Generation Cartel in Mexico was operating openly with Chinese interests in importing Fentanyl from China nonstop throughout the pandemic.
He has some interesting insights into why the US doesn’t put pressure on the Cartels...
Look him up.
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