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The great reset is starting, China deploys armored columns to prevent bank run
Posted on 7/21/22 at 6:54 am
Posted on 7/21/22 at 6:54 am
quote:
Zhengzhou - In a grim reminder of the 1989 Tiananmen Square Massacre, armoured tanks were seen deployed on the streets of China amidst large-scale protests by people demanding the release of their savings frozen by banks.
All deposits have been declared state property
LINK
This post was edited on 7/21/22 at 6:55 am
Posted on 7/21/22 at 6:55 am to Strannix
Biden and his handlers are taking notes
Posted on 7/21/22 at 6:56 am to East Coast Band
The market should crash but it's mostly fake anyway already.
Posted on 7/21/22 at 6:57 am to Strannix
I’d rike to take out a rarge roan, prease.
Posted on 7/21/22 at 7:01 am to Strannix
How is this part of the "Great Reset"?
This is China facing the music on overaggressively investing to appear more well off than it actually is. China sliding is the opposite of a Great Reset.
This is China facing the music on overaggressively investing to appear more well off than it actually is. China sliding is the opposite of a Great Reset.
Posted on 7/21/22 at 7:02 am to Strannix
quote:Yep.
The market should crash but it's mostly fake anyway already.
It is all divested from reality at this point.
Posted on 7/21/22 at 7:03 am to Strannix
This isn't the great reset. China just has a very poorly managed financial system. It's what happens when you apply political incentives to money lending.
Posted on 7/21/22 at 7:06 am to Strannix
quote:
armored columns
I prefer marble columns, but ok.
Posted on 7/21/22 at 7:09 am to Uncle JackD
quote:
frick China
As much as it’s fun to say this to relieve some anger, we have to acknowledge that we had a big part in creating this monster by consuming their cheap products for decades. China will be #1 in world GDP by 2030 and will hold that spot for a long time. Until we change our dependency from them, saying frick China does nothing. Cold hard truth.
Posted on 7/21/22 at 7:09 am to Strannix
isn't this the reason of bitcoin?
Posted on 7/21/22 at 7:11 am to SlowFlowPro
quote:
How is this part of the "Great Reset"?
Because a centralized governing monetary fund will have to step in and bail out the country, lest the collapse of the Chinese economy have a devastating rippling effect throughout the world?
I am a dumb.
Posted on 7/21/22 at 7:12 am to PeteRose
quote:
China will be #1 in world GDP by 2030 and will hold that spot for a long time.
China has almost 5x our population, so as long as they have a moderately good economy, their GDP will be bigger than our's.
India will pass us up, too.
Posted on 7/21/22 at 7:13 am to Strannix
As said on the Money Board, these tanks are 300+ miles away from the protests. The tanks are in Shandong Province and are likely being staged for a PLA Day military parade on Aug 1. The bank protests are in Henan Province.
Posted on 7/21/22 at 7:14 am to finchmeister08
quote:
isn't this the reason of bitcoin?
People are selling Bitcoin for money. You can't get your money. I don't think crypto stops this.
Posted on 7/21/22 at 7:14 am to Strannix
One thing about China.
They don’t just deploy tanks. They aren’t afraid to use them.
They don’t just deploy tanks. They aren’t afraid to use them.
Posted on 7/21/22 at 7:14 am to SlowFlowPro
Mate you are an expert on all subjects, a modern day renaissance man in the mold of Thomas Jefferson or Benjamin Franklin
Posted on 7/21/22 at 7:14 am to OldHickory
quote:This is China, not Japan.
I’d rike to take out a rarge roan, prease
Posted on 7/21/22 at 7:15 am to MyRockstarComplex
quote:
Because a centralized governing monetary fund will have to step in and bail out the country,
China?
quote:
the collapse of the Chinese economy have a devastating rippling effect throughout the world?
Possibly. All the major economies are going to be crunched, too. Covid fricked up everything.
This is going to cause countries to look inward to protect their interests more than collaborate into a "one world government". I mean hell, Russia is literally engaging in a war that's screwing up the world economy. You think they're about to bend the knee? You think China is going to subjugate itself to India? You think India is going to subjugate itself to Pakistan?
The world is much more likely to be on the verge of cracking apart than joining together.
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