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Started By
Message
re: South Africa has collapsed, and it looks like China will follow sooner than later.
Posted on 2/27/23 at 4:29 am to BengalOnTheBay
Posted on 2/27/23 at 4:29 am to BengalOnTheBay
quote:
Average age in China right now is close to 40. In 35 years, it will be 60.
Is also a factor of people living longer. Monaco is at like 55. Bunch rich folks lounging on the beaches. The US is actually older then China 38.5 to 38.4. Go look at the youngest nations. All 3rd world shitholes in Africa. #1 is at 14 years old. That is because everyone older than 40 is dead
This post was edited on 2/27/23 at 4:32 am
2
Posted on 2/27/23 at 4:38 am to rhar61
quote:SA has a state owned energy company that has collapsed. A cautionary tale for those living in CA
sounds like California but maybe about 10 years ahead of them
This post was edited on 2/27/23 at 4:41 am
Posted on 2/27/23 at 4:56 am to joydivision
"Impossible: diversity is our greatest strength followed closely by Bono putting on a concert"
Posted on 2/27/23 at 5:00 am to FtheNWO
quote:Gave the world the first heart transplants.
Was once a modern, nuclear capable first world country. Parasites can only feed for so long before the host dies. Guilted into allowing themselves to be destroyed.
then they were told to go diversity. "I ain't going to play Sun City"
Let the convicts out!
30 years of being shown the way by THEIR Democrat marxists and it all turned back into severe Africa disease
Posted on 2/27/23 at 5:15 am to Pookers
quote:
Chyna is gonna be fine. They give zero fricks about their own citizens and also reject the diversity is our strength nonsense. Chyna will always be chinese at the very least. The US is not a democracy thankfully.
Bingo. China will let their degenerate worthless portion of the population starve and die, whereas we shower this portion of our population with goods and services in exchange for votes.
Posted on 2/27/23 at 5:24 am to joydivision
I fear the answer for China is to kill their non-producers. Murder always plays a role in Communist dictatorships. Got too many seniors? Send them to a “camp.” Problem solved.
Posted on 2/27/23 at 5:34 am to JJJimmyJimJames
It took a lot of hard work to civilize that place.
I guess they didn't have the will needed to keep it that way.
I guess they didn't have the will needed to keep it that way.
Posted on 2/27/23 at 5:34 am to David_DJS
quote:
quote:
Jo'burg was certainly NOT OK when I was there after that.
Well, you were in Africa.
Maybe he is confused maybe it was the capitol building in DC in 2023, any inner city school in New Orleans, or downtown Portland?
Posted on 2/27/23 at 5:36 am to AUstar
quote:
The smart South Africans all migrated to the UK, Australia or the U.S. when the commie ANC took over in the early 90's. I hate it for those left behind, but this was all very predictable.
Kinda like the smart Americans who migrated out of the US long ago
Posted on 2/27/23 at 5:39 am to Willie Stroker
quote:
OP is posting Twitter links from #zombieland and CatGirl Kulak
Can we at least hold off until the Kardashians can confirm this?
This, it’s sort of like the board is LARPing. I searched for South Africa and nothing at all came up, if the country collapsed they sure aren’t talking about it .
I’m betting OP is getting his info from Zero Hedge and running with it.
Posted on 2/27/23 at 5:40 am to joydivision
EYLASAIBOBP
Posted on 2/27/23 at 5:46 am to DavidTheGnome
quote:
This, it’s sort of like the board is LARPing. I searched for South Africa and nothing at all came up, if the country collapsed they sure aren’t talking about it . I’m betting OP is getting his info from Zero Hedge and running with it.
I’m betting you’ve never set foot in Africa. Like every other topic, your lack of knowledge/understanding/experience never keeps you from commenting on it. Jo burg was a crime-ridden war zone on my first trip there back in 1999. It was basically Detroit. What South Africa is today is the future of Detroit, Chicago, Baltimore…all of the D run cities that are predominantly illiterate, non-producing shitholes.
Posted on 2/27/23 at 5:50 am to UncleFestersLegs
Regarding chinese real estate. Forget what you know about how its done in the western world. Big, and I mean big real estate firms, as in 150,000 units going up at any one time for one company, go to the local govt and get land to build. The govt takes that note and borrows from the state bank to build infrastructure, any infrastructure to keep the CCP happy and keep the state run cement, metal, etc companies working.
The real estate company then gets a loan on the project for capitol to build. They then go to buyers who pay for an apartment not even started and take out a loan to do it.
So the same capitol is leveraged three times now. And the real estate companies use the loan to complete previous projects not the current one.
Last year sales were off 40%, to try and generate cash they start discounting, and everyone discounts, sale prices have dropped for the last 16 months something that has NEVER happened in chini before.
Now people own a note, on an apartment that is not even built, and even if it was the price is less than the note they are carrying on it.
The chini govt put a bandaid on it in Jan and then had the propaganda press (in the west) say its fixed. In Feb chinese banks started offering loans to people 70 years of age to be paid off by the time they are 95 or their kids had to sign off that they would pay. Does that sound like its fixed? And these old people dont have enough for the loan and the banks know it so they are trying to stick the kids, in an economy where jobs are imploding.
Not only are consumers screwed, the local govts, the state companies, the banks, and the real estate companies are all screwed.
The real estate company then gets a loan on the project for capitol to build. They then go to buyers who pay for an apartment not even started and take out a loan to do it.
So the same capitol is leveraged three times now. And the real estate companies use the loan to complete previous projects not the current one.
Last year sales were off 40%, to try and generate cash they start discounting, and everyone discounts, sale prices have dropped for the last 16 months something that has NEVER happened in chini before.
Now people own a note, on an apartment that is not even built, and even if it was the price is less than the note they are carrying on it.
The chini govt put a bandaid on it in Jan and then had the propaganda press (in the west) say its fixed. In Feb chinese banks started offering loans to people 70 years of age to be paid off by the time they are 95 or their kids had to sign off that they would pay. Does that sound like its fixed? And these old people dont have enough for the loan and the banks know it so they are trying to stick the kids, in an economy where jobs are imploding.
Not only are consumers screwed, the local govts, the state companies, the banks, and the real estate companies are all screwed.
Posted on 2/27/23 at 5:58 am to Willie Stroker
quote:
Willie Stroker
quote:so your idea is to stand in the way of voices telling the truth in a world that has been destroying voices telling the truth for the last 30 years?
OP is posting Twitter links from #zombieland and CatGirl Kulak
Can we at least hold off until the Kardashians can confirm this?
noted, you are an enemy of truth
Posted on 2/27/23 at 6:02 am to Tesla
quote:
I’m betting you’ve never set foot in Africa. Like every other topic, your lack of knowledge/understanding/experience never keeps you from commenting on it. Jo burg was a crime-ridden war zone on my first trip there back in 1999. It was basically Detroit. What South Africa is today is the future of Detroit, Chicago, Baltimore…all of the D run cities that are predominantly illiterate, non-producing shitholes.
You’re right and I have no intention of going. Yes SA is a sh!thole but the way it’s framed in the OP it just "collapsed " . LARPing
Posted on 2/27/23 at 6:09 am to DavidTheGnome
quote:My read is that the collapse is eminent.
LARPing
Niggling over when and any "how could we know" is nothing but an indictment of the news/media/press of 2023
Posted on 2/27/23 at 7:11 am to idlewatcher
quote:
Interesting read on China but they continue to pull through somehow
As someone else said, the CCP doesn't give a frick about its citizenry. As long as foreign manufacturers are still using labor in China to make their stuff, China will continue to survive. If things get bad enough, the CCP will simply nationalize the work force (ie: central control, determining what and where worker housing is, determining what and how much food they are allotted, etc. while taking all the pay those businesses would normally pay to the workers).
Posted on 2/27/23 at 7:24 am to bhtigerfan
they used to have some awsome looking blondes
This post was edited on 2/27/23 at 8:16 am
Posted on 2/27/23 at 7:28 am to Armymann50
Rules.
Posted on 2/27/23 at 7:38 am to AUstar
quote:
The smart South Africans all migrated to the UK, Australia or the U.S.
Correct. There are also a lot of South Africans in Spain, Portugal, and Argentina. The smart ones left.
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