Post
Topic
Board Economics
Re: Chinese construction Mega-Bankruptcy. Evergrande about to crash for 355B
by
DrBeer
on 10/10/2021, 14:57:41 UTC
China can, A. BRRR-print, and pump their economy with Yuan to stop the crash, OR B. Let the economy fix itself by leaving it alone, and let it be through a recession. For Bitcoin HODLers, we can, A. Relax, OR B. embrace another golden opportunity to buy the dip and HODL. Cool

You can rest assured that ever if China is presented with two choices between letting something resolve itself or staging a huge power-grabbing intervention, they will take the latter every time.  The chinese party is obsessed with control, and they've turned their society into an Owellian nightmare that is only increasing the amount of control they exert over everyday life.


The Chinese government, the latter, has always been totalitarian. The truth was showing signs of maturity and partial support for market rules. But totalitarianism does not tolerate freedom, which began to break through in everything and everywhere. Therefore, the most anticipated turn of events is "tightening the screws", a decrease in freedoms, an increase in totalitarian methods in management. Well, as a result - the curtailment of the economic "miracle"