theotherwaldo
Well-known member
China is an odd bird.
They have made it extremely difficult for their common comrades to invest in anything except real estate and other government-controlled stocks.
Well, the government has decided to meddle deeply in their internal real estate market.
Some $63,000,000,000.00 in value simply ceased to exist.
Meanwhile, import of Australian coal was blocked for purely political reasons.
China is seriously dependent on coal, and the lights (and industries) are being shut off for days at a time.
This is beginning to have a major effect on the rest of the world.
Real estate is getting dumped, energy prices are jumping, steel and other metals are wobbly, common commodities aren't getting distributed, and the idiotic diktats issuing from Washington D.C. are just making things worse.
Yep, it's going to be a cold, hard winter all over the world.
Are you prepared?
They have made it extremely difficult for their common comrades to invest in anything except real estate and other government-controlled stocks.
Well, the government has decided to meddle deeply in their internal real estate market.
Some $63,000,000,000.00 in value simply ceased to exist.
Meanwhile, import of Australian coal was blocked for purely political reasons.
China is seriously dependent on coal, and the lights (and industries) are being shut off for days at a time.
This is beginning to have a major effect on the rest of the world.
Real estate is getting dumped, energy prices are jumping, steel and other metals are wobbly, common commodities aren't getting distributed, and the idiotic diktats issuing from Washington D.C. are just making things worse.
Yep, it's going to be a cold, hard winter all over the world.
Are you prepared?