What #Evergrande collapse means
Here's your first #Evergrande news report for Friday. An absolutely massive Chinese property company filed for bankruptcy: Evergrande. I do not see any possibility of this not affecting global finance. China reported a drop in property values. Local townships are bankrupt. Citizen savings are being seized or they just disappear. Corruption is rampant. China has reported lower birth rates than expected. They've had less than 1B for a while now. My Context: I expected Evergrande collapse last year with more to follow. The collapse of China has begun. China will invade Taiwan to distract its population from revolting. Civil unrest is their biggest fear.Weather works for invasion in October & April. China has lied about everything in their data for 2 decades & used the global status of the dollar to build themselves up. They aren't as big as they claim and have done nothing to shore up true national weaknesses, instead worsening them to maintain power. Genius plan, bu...
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