Keep this in mind, back in 1927 China had under 500 million people, today they have 1.4 billion.
We have discussed the upcoming economic implosion in the real estate markets related to the Evergrande bankruptcy, tick tock.
Evergrande's debt is due now. https://asiatimes.com/2021/11/evergrandes-bankruptcy-still-just-a-matter-of-time/
3/23/2022 Evergrande Failure Imminent! https://thephaser.com/2022/03/alert-evergrande-failure-imminent-hold-tightly-to-silver-cryptos-for-after-the-crash/
The Chinese people do not trust the Chinese stock market. I read that 70% of the Chinese people invested in the booming real estate market over the years. It is about to go belly up. Real estate markets are going to get wrecked. House prices will fall and the life savings of the Chinese people will go up in smoke.
1927
https://en.wikipedia.org/wiki/Shanghai_massacre
The Chinese people will hang these pricks and they know it.
If you dig into Chinese and Mongolian history all the way back to Genghis Khan, this is what they did and have done for centuries it’s fascinating to read the way they play people. During Marco Polos time with Kublai Khan 1271 - 1292, the grandson of Genghis, if any of the traders were caught trying to smuggle out the silk worm and were discovered instant death, that was their economy everything was based on the silk trade. Kublai, After conquering China, he founded the country's Yuan Dynasty and became its first emperor. Not much has changed in all this time, they still control what comes in and out of their country with an iron fist.