Posted on 10/10/2021 4:10:27 PM PDT by blam
If communist China implodes economically then we’ll just have our domestic communists (aka democRATs) to worry about. They are terrorizing the very people who keep them in office (people in blue cities). I read an article over at DailyCaller about the consequences of not prosecuting crime, “‘It Looks Like The Third World’: New York City Drug Stores Ravaged By Shop Lifters”, so give that a look. This is happening in San Francisco too and Walgreens permanently closed locations over it. Once China does collapse, and it is inevitable given their rigged economy, then Taiwan can invade them.
Which is what Xoe Xiden is trying to import here. Democrats want us all to be poor, like Soviets from years ago, with them sitting above us like the old USSR’s politburo.
I can think of a few people I *hope* are invested in communist China.
When Chinese buy property in China, they don’t own the land - the land belongs to the Chinese government. And, the property has many strings attached including a time intervals. At any time, the government can seize the property.
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Worse they can only ‘own’ the land at most for 70 years before the CCP takes it back. Once the CCP gives approval to one developer., the developer may resell the land before building anything on it, but will use artist renderings to sell the non-existent apartments or houses and raise money to get more land from the CCP.
Once a developer does begin building, they may sell the entire property to some one else who will put up of finish the buildings. Once the tenets (who bought the property sight unseen) move in, they will be hounded daily by prospective buyers for their apartment or house. After a year or two all the building amenities : shops, restaurants, elevators, lighting will be unattended, fall part, become useless, unworkable. At about the 1 year mark the building will begin to deteriorate and crumple as the styrofoam and cardboard used as concrete filler falls out.
The old buildings unfinished or inhabited will be torn down and new building put up to replace the uninhabitable ones just torn down - and so the cycle repeats.
Why do people buy these shoddy places other than they need a place to live? Because without owning property men cannot get married, and because owning property has been the last safe refuge to invest money - all the others having collapsed taking investors money.
Just like timeshares here in the USA. We bought a timeshare in the early 1980's. Lots of promises, a couple of restaurants, shops, pool and jacuzzi's, tennis courts, exercise studios, etc. Over the next few years, they began disappearing one by one while maintenance fees went up. That's the problem with multi-density tower housing whether it be timeshares or condos in the USA - you get stiffed. But yes, the worst is in China.
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