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Computergeek01 ago

Duh, it's been imploding for a decade now. This virus is the gasoline to that dumpster fire.

pimplepeter ago

explain? links?

Computergeek01 ago

It's been Bloomberg's favorite topic since I was in college... Say what you want about his presidential candidacy, but his ability to Jew the stock market is nothing short of prophetic. But if you really don't read the papers: Here, Here, Here, The last dip that was in the news. This isn't some fringe belief. It's literally all over the fucking place.

rhy ago

You mean the giant empty cities they are building don't have the real financial value they're claiming?!! I AM SHOCKED

ForgottenMemes ago

You can prop up a collapsing economy for a decade or two pretty easily, but after a while you have to do more and more extreme things to keep it from collapsing. Look at the current round of quantitative easing in the US. China's economy was even more fucked with the real estate speculation and crumbling ghost cities creating a massive bubble built on nothing. They had to do something.

Their actions don't correspond to an intentional reset, but it did cross my mind.

boxofcrackers ago

Both China and the US need a reset (US because of debt). It will play out like with the Soviet Union under Reagen. US will help out collapsing commie state. in exchange for something else. could be coorporation when US resets debt.