#china 's #ccp may be #collapsing under their #failing #economy and #zero #covid #policy https://youtube.com/watch?v=vPRDLqggwQU There is reportedly #protests and #riots all over #china right now. This is apparently the first time we have seen anything like this from the #chinese people.
We now see the #used #secondhand #car #market #collapsing https://www.zerohedge.com/markets/used-c.. I #predicted this will soon enter the #uk . People simply have less #money and the #demand to #buy things is being #reduced .
@barray on Wed Aug 24 01:18:11 UTC 2022 said: &eMore #stimulus #packages out of #china 's #ccp , this time for 1 #trillion #yuan https://www.zerohedge.com/markets/its-no.. People are saying that *even this* is not enough. They simply have too much riding on their #collapsing #property #market , all of their #eggs are in one basket.#china 's #ccp are trying to use 200 #billion #yuan to #bailout their #property #market and try to get people paying their #mortgage again: https://www.zerohedge.com/markets/china-.. The irony here is that it's not nearly enough, things are far too gone. They don't seem to be even beginning to grasp the true scale of the almighty mess they are currently in.
Looks as if the #chinese #economy is on the verge of a massive #contraction https://www.zerohedge.com/economics/chin.. Simply too many #covid #lockdowns , too many #shortages of every type, a #collapsing #property #market that makes up a #third of their #economic #output ... Things look dire. 2022 will be interesting for sure.