Ue want polish coal mines finished,but also they want China friendship.So...when they get their traitors ruling Poland again,they simply gave polish mines to China.Everybody except us would be happy.
China floods: Coal price hits fresh high as mines shut
The floods further complicate China's efforts to increase fuel supplies to ease its energy crisis.www.bbc.com
They need coal badly.
China ChiCom News Thread
- Thread starter LordsFire
- Start date
Latest from Chinese Property Firms:
We all know about Evergrand w/$300 Billion in bad debt
3 other Chinese property companies are defaulting:
1. Fantasia defaulted on $206 Million in Bonds
2. Modern Land has $1.35 Billion in bad debt going down
3. Siniz Holdings is about to default on a $250 Million payment
SOURCE
We all know about Evergrand w/$300 Billion in bad debt
3 other Chinese property companies are defaulting:
1. Fantasia defaulted on $206 Million in Bonds
2. Modern Land has $1.35 Billion in bad debt going down
3. Siniz Holdings is about to default on a $250 Million payment
SOURCE
TyrantTriumphant
Well-known member
I've heard that one of the plans the CCP is floating around is to screw over the foreign creditors of the real estate groups while allowing domestic creditors to collect on their debts.
On a related note, if for some reason someone reading this has plans to invest into China, don't.
On a related note, if for some reason someone reading this has plans to invest into China, don't.
from a domestic politics pov screwing over the outsider in favor of the locals is pretty much always a winner.
It does mean that outsiders don't want to lend you more money in the future but since we are in for a global credit crunch in a few years its a moot point.
Arch Dornan
Oh, lovely. They've sent me a mo-ron.
Anyone that has been watching ADV Podcasts could see this coming from a far off. China is one big shell game. And any person or business that invested into doing business with China basically fucked themselves.
China is the single most overleveraged country in human history.
Every one else is of course fucked to but not nearly to the same extent.
Those tactics don't work with a government like china they will simply seize your assets and no one will care because your not Chinese
It'd be smarter to invest in US owned businesses that do not business with China and are direct competitors with Chinese producers, and will be hurt less when we fully break with the CCP (assuming DC ever gets cleaned up).
Also, investing in non-stock reserves, like buying actual gold and keeping a physical reserve to turn into cash again later, would not be a bad idea.
Also, investing in non-stock reserves, like buying actual gold and keeping a physical reserve to turn into cash again later, would not be a bad idea.
Once again when shit hits the fan you want silver not gold otherwise you end up overpaying for everything.
Gold for major purchases silver for day to day.
Well considering the CCP actively mocks God on a daily basis. This was going to happen.
I know, it makes it all the more delicious. Still, I feel sorry for the average citizen who's caught in the crossfire.
Whitestrake Pelinal
Like a dream without a dreamer
China says new hypersonic missile a blow to US ‘strategic superiority’
China is putting the US on blast following the launch of a hypersonic missile into orbit — ridiculing America’s sense of “strategic superiority.”
nypost.com
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China surprises U.S. with hypersonic missile test, FT reports
China tested a nuclear-capable hypersonic missile in August, showing a capability that caught U.S. intelligence by surprise, the Financial Times reported, citing five unnamed sources.
www.reuters.com