Mass Arrests Made at China’s Teetering Evergrande Property Giant | Chinese police descended upon the financial services arm of doomed property giant Evergrande on Saturday night, arresting numerous employees at the company’s Shenzhen offices, possibly including General Manager Du Liang.
... The Evergrande Group said that Du and a half-dozen other managers were “reprimanded” for cashing out their own investments and were ordered to return the money. ... Shares in the China Evergrande Group plunged by up to 25 percent in trading on Monday after the Shenzhen arrests were announced.
The CCP controls the economy, and the economy is tanking, things do not look good for Xi, and he will try to hold onto power somehow.
Things are about to get bumpy.
If I was Taiwan, I'd be watching this very closely.
Feels like this thing has been going bankrupt for over two years.
It's amazing what governments and corporations can do when everything is rigged.
I totally agree. Seems like forever. Isn't their social credit score way below zero at this point?
u/#badsocial
That seems to be the idea
It was never real. They built (or partially built) enormous residential complexes in the middle of nowhere and promoted them like timeshares with political implications. Nobody lives in them. Nobody ever will. If your uncle is a “party boss” and suggests you invest, well let’s just say you have an offer you can’t refuse. It’s all coming apart there. The whole economy is a sham. Ordinary people have lost confidence in it.
And Xi has purged any potential rivals over several years. There’s no backup plan. Demographically they don’t look viable, even short term. The “Forbidden City” flooded waist deep this year. Not a good omen.
I just watched the big short yesterday and I now understand how cooking the books can actually buy you some time. The rule of thumb should be to assume that books WILL be cooked. In the film, banks and credit agencies refused to downgrade the grade of their shitty real estate bonds until the effects became unavoidable and obvious. This seems to be able to buy about 1.5yrs beyond obvious financial markers. I have to assume this is exactly what the us and Chinese markets are doing, which is why I think this fall the US market will crash (Sept/October) and why I think the Chinese market will probably fail next spring, leading to a Taiwan offensive next November. I'm no expert on this stuff, but I know enough to realize our market is fake and that can only carry on so long.
The amount of money Evergrande is tied to is massive... remember, Globalists trade and deal with assets/liabilities on a global scale. Evergrande may not be THE domino to kick off the chain reaction we've come to expect... but it's certainly a big one.
Rumors swirling of another real estate giant worth nearly half a trillion defaulting on everything, not sure the name of the company was released yet, but buckle up.
In the meantime, stack silver and DRS GME!
Where are physical silver and GME apes at? 🫂
🍌🦍💎🙌🏼🚀🌝🪐🌌🤯💥
Whoa. It looks like a Q to me. Interesting, indeed.
Here and zen.
Because it's Reddit and Reddit is a highly compromised platform. It used to be much better but a lot of shills have maneuvered into mod positions sadly.
And with the API changes and no 3rd party software, I think most sane people have abandoned that ship.
Mainly because the whole GME/AMC thing has jumped the shark... there's no more research to do, it's straight up blatant criminal activity occurring instantly and on a daily basis. We already won.
Also, Reddit is prepping for their IPO and infiltrated /Superstonk , /AMC, /Silver subs pretty significantly.
Here, AMC too
Stacks on stacks brother.
I hit them all:
Taiwan allows gay marriage now and will be the 1st to bend over to DS so... we have to rethink everything seriously. All we know about China we got from the MSM, and not sure how legit Breitbart is either.
My hunch is Xi is friends w/ Trump and what his underlings do behind his back is not all in his control, just like in the U.S. Plenty of deception and people in Asia never get the same news as us so information is quite shut out unless they know to come here or other right sources.
"All we know about China we got from the MSM, and not sure how legit Breitbart is either."
Breitbart is pretty much ConInc at this point. No more reliable on the topic of China than Fox or CNN.
Forbidden City. Xi is an ally. Not the CCP, Xi specifically.
Now do Blackrock
Q said HRC’s SS name was Evergreen. https://qalerts.net/?q=evergreen+ Also when I see evergreen containers I think of child trafficking, HRC, Evergreen cargo ship stuck in the Suez canal...lots of things
Every time I go to town, I see one of those evergreen containers sitting in a farmer's field. If I knew who it belonged to, I would ask him to paint it so I'm not reminded every time. But, I guess I'd forever be haunted by knowing it as a painted former evergreen container.
I disagree with one point here: Xi is not our enemy, and the way that Trump talks and acts in relation to him makes that clear if you have read the drops. Soros's comments on him are also telling.
Xi wants China's freedom from the globalists in the same way Trump wants America's freedom, Putin wants Russia's freedom, Modi, Mohammed bin Salman, even Kim Jong Un.
Evergrande, on the other hand is one arm of the globalist octopus that has enslaved the entire world, and this development is interesting. This line especially stands out to me.
"In August, Evergrande filed for bankruptcy protection in a U.S. court, protecting the company’s assets against American and European creditors, who hold most of its corporate debt."
Agree
...spot on
Belt and Road becomes belt erodes?
This is right about the time that dictators start a major war, to hold onto power despite their abject failures.
It's still not too late to increase your lead holdings.
How does Brietbart know this information reflect the fact of what really happened.
China is only going to tell you what they want you to know.
Rumor has it, that Taiwan has targeted the 3 Gorges dam with ballistic missiles. Who is going to blink first?
THAT DOES NOT FIX THE PROBLEM, AS USUAL!
There is a strong theory that Xi is a white hat
All of those things were taught to you by the MSM, weren’t they?
Xi has a huge leverage over USA and even a bigger leverage with the sniffer in the DC_Whithouse.
We say trump card and really Xi has one.
Xi and his people might be seeing more than most stupid USA citizens though and might be questioning the Winter Whitehouse and Trump.
It might actually be a stale mate — tick/tick lol.
You mean tic toc
Yes. My bad.
Kek
More like TikTok, on the clock, DJ make this vomit stop