China is a house of cards. All their yuan printing post 2008 is about to blow up hard. You can’t print zillions of yuan, put all that money into non productive assets like ghost cities and factories that are not needed, and not one day have to pay the piper. That day has arrived. Their insane real estate bubble blown is starting to go pop. Their largest commercial real estate developer going under was the first big sign.
What the US has that has been our ace is that we have always had a free and creative population of independent thinkers with ambitions. The left is doing their best to change that.
As if we and the Federal Reserve don’t do the same as China. Chinese are congenitally degenerate gamblers, so of course they will borrow money to the hilt, debase their Yuan and build ghost (inhabited and crumbling) apartment blocks and ghost (inhabited and crumbling) cities that are shown all over YouTube.
Meanwhile, their super productive Shanghai is in Covid lockdown. Bwahhahah..... Think “Chinese fire drill” ! ! !
Published March 29, 2022 9:45am EDT
China’s Shanghai lockdown tests ‘zero-COVID’ strategy
The lockdown is being conducted in two phases
https://www.foxnews.com/world/chinas-shanghai-lockdown-tests-zero-covid-strategy
China Locks Down Shenzhen for At Least a Week as Covid ...
https://www.bloomberg.com/news/articles/2022-03-13/...
Mar 13, 2022 · China placed the 17.5 million residents of Shenzhen into lockdown for at least a week and forbade people from leaving Jilin, the first time the government has sealed off an entire province since ...
China’s Shenzhen Lifts Lockdown as Covid Outbreak Seen ...
https://www.bloomberg.com/news/articles/2022-03-20/...
Mar 21, 2022 · China’s tech hub Shenzhen lifted its week-long lockdown while keeping some restrictions in place, as the municipal government said the spread of the virus is coming under