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re: Chinese Tanks to Protect State-Run Banks: Money Is "Investment Product" No Withdrawals

Posted on 7/21/22 at 6:58 am to
Posted by Mfdtiger
Deatsville, Alabama
Member since Oct 2010
731 posts
Posted on 7/21/22 at 6:58 am to
Sounds like marriage
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 7/21/22 at 6:59 am to
quote:

And we wonder why our great grand parents and grand parents kept money hidden in their attics

I was just thinking the same thing. When my grandparents died, they found money hidden all over his house
This post was edited on 7/21/22 at 7:05 am
Posted by Powerman
Member since Jan 2004
162266 posts
Posted on 7/21/22 at 7:02 am to
quote:

Brandon will remove tariffs ASAP.

Some tariffs have already been removed (solar panels for example)

It's actually a good thing for us on that note
Posted by Doctor Strangelove
Member since Feb 2018
2967 posts
Posted on 7/21/22 at 7:03 am to
The achinese economy is a house of cards. It gets little to no media coverage from the west due to the sympathetic commies in the media. When it collapses there will be worldwide carnage. The morons there have locked down their people, businesses and now banks.
Posted by Hangover Haven
Metry
Member since Oct 2013
26801 posts
Posted on 7/21/22 at 7:03 am to
quote:

We my grandparents died, they found money hidden all over his house


Mine too, my dad found thousands in my grandfather’s attic after he died.. He kept it stashed in ammo cans…
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 7/21/22 at 7:05 am to
Yea, like 5k rolls, 10k rolls. I wish I was there to clean it out
Posted by udtiger
Over your left shoulder
Member since Nov 2006
99389 posts
Posted on 7/21/22 at 7:07 am to
quote:

Commies are gonna commie


Authoritarians gonna Authoritarian
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
60884 posts
Posted on 7/21/22 at 7:07 am to
quote:

They've been bankrolling practically all of Africa's tech & civil infrastructure for a couple of decades, presumably in exchange for unfettered access to their data.




IIRC, there's a Vox Explains video on Netflix of this same name that outlines the whole thing.

quote:

China has embarked on the most ambitious infrastructure project in modern world history. It’s called the Belt and Road Initiative (BRI), and it spans three continents and covers almost 60 percent of the world’s population. It’s how China plans to become the world’s next superpower.

The BRI essentially has two parts. The first, the economic belt, is made up of six corridors that direct trade to and from China. These corridors include roads, railways, bridges, power plants — anything that makes it easier for Europe, Asia, and Africa to trade goods with China. The second part, the maritime silk road, is a chain of seaports from the South China Sea to the Indian Ocean that direct maritime trade to and from China.

China is loaning trillions of dollars to countries willing to host these projects. They’re promoted as a win-win for everyone. Many of the countries involved need new infrastructure and access to new markets, while China needs new projects for its growing construction industry. But many of the countries involved in the BRI are authoritarian, corrupt, and in conflict — risky places for China to invest money in.
Posted by Dawgholio
Bugtussle
Member since Oct 2015
13047 posts
Posted on 7/21/22 at 7:09 am to
Democrats would love to do that here
Posted by cajunangelle
Member since Oct 2012
147633 posts
Posted on 7/21/22 at 7:09 am to


I realize the dangers of the geo-politics. But it is too bad that we have a weak on the take Biden. Otherwise, special forces wouldn't be used on J6th election protesters.

They could be used ever so covertly with other 5eye Spec forces... To: take out the main CCP regiment and all of those that would replace the communism. No one would ever have to know how it happened until way down the road.

Take Down The CCP sadly won't happen with Biden, as he is on the CCP take. It is why the CCP is sending tanks against their deplorables.

Remember Havana, Cuba? The shooting and jailing their protesters and Biden DID NOTHING. He wouldn't even take them in as refugees.
Posted by HubbaBubba
F_uck Joe Biden, TX
Member since Oct 2010
45878 posts
Posted on 7/21/22 at 7:10 am to
quote:

Interesting
They're just compounding things.
Posted by Wisdomcries
BR
Member since Jul 2022
171 posts
Posted on 7/21/22 at 7:11 am to
Why do you think there will be worldwide carnage if the Chinese economy would fall on its arse
Posted by Lynxrufus2012
Central Kentucky
Member since Mar 2020
12279 posts
Posted on 7/21/22 at 7:12 am to
Whole new meaning in Penalty for early withdrawal.
Posted by VADawg
Wherever
Member since Nov 2011
45129 posts
Posted on 7/21/22 at 7:21 am to
quote:

This is because the Henan branch of the Bank of China declaring that people's savings in their branch are now 'investment products' and can't be withdrawn.


This is similar to what I believe the democrats want to do to 401Ks and other retirement vehicles.
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
60884 posts
Posted on 7/21/22 at 7:29 am to
quote:

This is similar to what I believe the democrats want to do to 401Ks and other retirement vehicles.


They've been salivating at the prospect of a "one-time" tax on investments since the days of Slick Willie, at my earliest recollection.

Of course, they have yet to prove they could be responsible for the funds generated from a lemonade stand, much less trillions of dollars on a budget that's wholly imaginary, so...
Posted by Oy Mate
Member since Jul 2022
78 posts
Posted on 7/21/22 at 7:30 am to
Banks, Stripe, Paypal, Venmo, Patreon, GoFundMe, etc all cancel people for badthink here too...
Posted by Wisdomcries
BR
Member since Jul 2022
171 posts
Posted on 7/21/22 at 7:32 am to
I didn’t know Africa had tech and civil infrastructure
Posted by VolcanicTiger
Member since Apr 2022
5933 posts
Posted on 7/21/22 at 7:36 am to
quote:

Mine too, my dad found thousands in my grandfather’s attic after he died.. He kept it stashed in ammo cans…
That's literally how I've spent some of my spare time this week. At first, when I read your post I was like "Damn, someone stole my idea," but then I realized that following the lead of the Greatest Generation is a good thing.
Posted by KAGTASTIC
Member since Feb 2022
7989 posts
Posted on 7/21/22 at 7:37 am to
And Biden is going to remove tariffs to help Chyna out during their time of need and continued want to take over the world
Posted by VoxDawg
Glory, Glory
Member since Sep 2012
60884 posts
Posted on 7/21/22 at 7:38 am to
Correction: It's History: 101 - The Rise of China on Netflix.
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