Chinese Economics Thread

[broadsword]

Im not asking people here to prove or disprove the theories that i presented here, not least because i know that no one here really can do that. I asked people what they think of them. And yet, people here get defensive, saying that they "arent credible" and are "western projections" without basing that assertion on anything and instead attaking my posting record.

You look lost here and no one cares to show you around. But you know the way in.... and the way out.

 

[Michaelsinodef]

Im not asking people here to prove or disprove the theories that i presented here, not least because i know that no one here really can do that. I asked people what they think of them. And yet, people here get defensive, saying that they "arent credible" and are "western projections" without basing that assertion on anything and instead attaking my posting record.

You presented 1 single article on the issue of Evergrande, do you have some more that you could present?

Also do you know about the background and reasons for why Evergrande is in this current situation?

 

[Orthan]

If he is not busy excreting nonsense, he'd have to keep staring at the sight of his own culture's accelerated collapse into chaos, civil war and irrelevance with a front row seat. lol.

You look lost here and no one cares to show you around. But you know the way in.... and the way out.

Yep. You people cant debate. You can only get defensive. And the "collapse into chaos, civil war" part made me laugh.

You presented 1 single article on the issue of Evergrande, do you have some more that you could present?

Also do you know about the background and reasons for why Evergrande is in this current situation?

Just google "evergrande".

 

[FairAndUnbiased]

Why is that? because there is a lot of opacity in china, specially in the economic area. If there was more transparency, this wouldnt be happening, at least not to this degree. Why cant anyone disprove what i have wrote?

What's the opacity? Your magnesium prices increased 5x. Is that not transparent for you?

Unlike your obsession with Evergrande which is a single company in a single sector, magnesium prices affect entire economies. Same is true for every other export skyrocketing in price.

 

[Michaelsinodef]

Just google "evergrande".

"Just google "evergrande and why it isn't a 2008 Lehman moment"" /s

 

[Orthan]

Evergrande which is a single company in a single sector

Its not that simple. Although evergrande is a single company, it is the second largest real estate company in china. The real estate sector in china represents a huge chunck of the economy, about 25% of the GDP, and it is highly leveraged. Thats why the "three red lines" policy was created last year.

"Just google "evergrande and why it isn't a 2008 Lehman moment"" /s

If you are suggesting that i meant that china was going into a "Lehman moment", you are wrong.

 

[FairAndUnbiased]

Its not that simple. Although evergrande is a single company, it is the second largest real estate company in china. The real estate sector in china represents a huge chunck of the economy, about 25% of the GDP, and it is highly leveraged. Thats why the "three red lines" policy was created last year.


If you are suggesting that i meant that china was going into a "Lehman moment", you are wrong.

Evergrande also has assets in excess of it's debts so even if it collapses it won't be anywhere near the scale of 2008 where companies collapsed due to their paper valuations turning to junk overnight.

 

[Bellum_Romanum]

Its not that simple. Although evergrande is a single company, it is the second largest real estate company in china. The real estate sector in china represents a huge chunck of the economy, about 25% of the GDP, and it is highly leveraged. Thats why the "three red lines" policy was created last year.


If you are suggesting that i meant that china was going into a "Lehman moment", you are wrong.

"The real estate sector in china represents a huge chunck of the economy, about 25% of the GDP"

And do you know this for a fact based on what? The opaque Chinese gov't sources right? So when it fits your world view and narrative against China figures and numbers that help support your nonsense are somehow legit but when the figures and numbers goes against your warped world view on China you use the word opaque, transparency and all the weasel words because you can't bring yourself to believe that China is pretty much moving along at a pace that your sensitive brittle heart and mind can't and will never accept that your irrational mind could never comprehend.

 

[supersnoop]

Putting it here first...
Just waiting for Epoch Times/NTD article describing Magnesium extraction from the bones of executed FLG members, Uighurs, Tibetans, HKers, Taiwanese, etc. is why China can produce so much of it.

 

[Jiang ZeminFanboy]

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