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ANuStart@lemm.ee to World News@lemmy.ml · 2 years ago

China's economy in crisis, on the brink of collapse?

www.lemonde.fr

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China's economy in crisis, on the brink of collapse?

www.lemonde.fr

ANuStart@lemm.ee to World News@lemmy.ml · 2 years ago
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China's unprecedented economic crisis worries the rest of the world
www.lemonde.fr
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After years of exceptional growth built on local government and private-sector debt, the world's second-largest economy is facing the bursting of its real estate bubble and a severe slowdown.
  • GaveUp [she/her]@hexbear.net
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    2 years ago

    I’ve already converted all my fiat currency to various crypto including a modest sizing of Monero so I can anonymously transfer my money when China takes over our financial systems

    I implore everybody else to do the same. The writing has been on the wall for decades

    • Pons_Aelius@kbin.social
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      2 years ago

      I implore everybody else to do the same.

      Because if I run out of idiots and suckers to off load this worthless shit to I will lose big time.

    • EnderWi99in@kbin.social
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      2 years ago

      How exactly is China going to take over our financial systems?

      • zackwithak@lemm.ee
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        2 years ago

        Yeah I think I missed a step there

    • AngrilyEatingMuffins@kbin.social
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      2 years ago

      i bet if you stopped writing on them with crayons eventually it’d go away

    • Akasazh@feddit.nl
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      2 years ago

      Ok why don’t you go to China right now?

      • SexMachineStalin [comrade/them]@hexbear.net
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        2 years ago

        Cant afford plane tix rn. But youre more than welcome to wire me the 1000€ to fly to Beijing <3

        • Akasazh@feddit.nl
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          2 years ago

          Just start saving, you won’t need money anymore if you reach your Utopic destination.

          • SexMachineStalin [comrade/them]@hexbear.net
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            2 years ago

            k i guess ill go :mao-clap: my landlord, brb

      • GaveUp [she/her]@hexbear.net
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        2 years ago

        I’m HODL’ing atm

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