Buckle up Anons. China’s Evergrande has defaulted. This effects their economy, Asia’s, and $130 billion or more of the US economy. If this collapses the world economy as it’s been said, this is one of those final Red Lines.
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Will I see you on the Moon?
You’ll see me. I’ll be the one opening the first craft brewery on the moon. Frens only. Vaxholes not allowed. Ivermectin IPA, Storm is upon us Stout, Patriot Pale Ale, Constitution Kolsch, Let’s Go Brandon American Lager, Q sent me Vienna Lager, Pure blood Pilsner, Build the Wall Mexican Lager and Hold the line HefeWeizen will be on tap.
Hahahaha you are the winner today! Very clever!
Wen mayo?
Moon Soon.
I'll be there, with the cheapest Lambo available, but I'll be there. Where are the best bars on the moon?
did it once already with LTC... I'm looking beyond the moon at this point.
No. The moon is no place for people.
I'm an Ape.
What the hell are you talking about! Are you watching our stock market right now!? It’s lost near 300 points in its first hour. It bounces yes, but question today is will it head back up, or continue trending down? Time and money will tell.
I guess I won't be seeing you on the Moon then. It's a rough time for sure. Some people are going to wrecked and some people are going to get rich.
I'll meet you there, fren.
It's a fire sale! Load up on stonks!!!
If only more people would realize this.
This is a great opportunity to dump worthless fiat currency and pick up physical silver and GME while the price is so low. And then, of course, DRS those GME shares to Computershare so they are in your name and can't be loaned out for price manipulation.
People on GAW are very smart and it's unfortunate that many will miss the moon trip. I just wish I'd started sooner, but people with currency can still join at a very low price.
I'm attempting to buy more shares through Computershare. Different process for sure.
It takes longer but it’s more legit.
It's just important that you did it. In the end, paying $140 or $240/ share won't make any difference.
Brent, head to r/superstonk and spend a few days soaking up the dd. You’ll thank us later
Whoever is responsible for the purple crayons on the flight pls sit beside me fren. Best tasting!
Hahahaha! OMG, your teeth after! Hahaha!
Worn with pride!
They've got blackmail on nearly every millionaire and billionaire on earth. They have likely been burning through all of their blackmail accounts just to stay afloat. Their economy was already on the frits leading into 2019. COVID was their answer to their economic troubles. Trump put pressure on them that they didn't expect. They thought Hillary was going to give them an easy ride for another decade. Now that COVID is falling apart, they haven't got long. As soon as they run out of benefactor cash to fuel their economy, its game over.
That's a good point, bc the EOs are seizing the assets of the blackmailees. So they can't pay up. Interesting.
Good question. We shall see I guess Anon.
Maybe Biden can bail them out; he can invent some money and the American people can just pay it off later. Only local businesses are supposed to die in the 2020's, not big ones.
$130 Billion for an economy with a GDP of $21 Trillion doesn't seem that bad. What am I missing?
Just from my point of view what you may be missing. And I could be wrong but; What do very wealthy greedy people do when they see any large chunk of their invested money suddenly vanish? They panic. And Evergrande isn’t the only Chinese company that defaults. Just happens to be the “reported on” first. The Storm is not just about an informational flood, but about an economic flood that causes Cabal destruction. Their own fear will cause them to destroy themselves.
Going to be a great time to buy soon.
The middle and up middle class have no other way of storing wealth than property. They don’t trust stock exchange. Hundreds of millions of people own second or third apartments in these ghost cities that are empty, purchased as investment. They pay the mortgage waiting eternally for buyers who are never gonna come.
Now basically all of the developers are going under. The music has stopped. So now they have another problem. If they put all the homes on the market to recoup money for investors and pay bills, the market crashes and everyone loses their investments.
They are fucked. They built the homes and their entire economy without balance. These hundreds of millions of empty homes are not affordable for most Chinese. They are not priced reasonably, like they should in a free market. They are priced for a market that doesn’t exist, and all of the lending and credit and wealth is based on this market that doesn’t exist. If they allow the market to dictate the cost of these homes, and just sell them at what the market will pay, it crashes the economy.
So they can’t sell them at their current prices cause there is no one to buy them. And if they just fire sale them, 300 million people lose their life savings and start from zero.
I don't see how they've held on for as long as they have - even factoring the conterfeit they print, as they've done since forever with the complicity of the fed.
Sum Ting Wong
Sitting on 250 oz. of silver and 3 oz. gold…. Bring on the collapse!!!
Sounds like a nice stack!
Nice fren! Got 300oz of silver and 12 shares of GME. I am comfy.
I'm wondering if they are holding it back until President DJT steps back onto center stage. . . .
I don’t think so. The economy is supposed to collapse while Biden is still President. Then Trump is supposed to step back in after the military assumes power.
I think this is true. There's no way Joe is getting credit for making us rich.