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Local Chinese governments are going broke.

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Local Chinese governments are going broke. Empty Local Chinese governments are going broke.

Post by Lummy Mon Jul 25, 2022 2:12 pm


China's local governments are out of cash, with a funding gap of nearly $1 trillion!

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Post by Red Lily Mon Jul 25, 2022 5:24 pm

Not specifically relevant to the topic but I loved this comment ...

"Sad. My president is so addled and decrepit that his ability to speak English, his only language, is much much weaker than any of the "foreign" diplomats that he negotiates with. Scary."

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Post by jirqoadai Mon Jul 25, 2022 6:43 pm

theyre heavy in gold. my estimate is they have 4.4oz x 300,000,000. itll take awhile to put that on the market without flooding it.
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Post by RV Mon Jul 25, 2022 8:43 pm

Red Lily wrote:Not specifically relevant to the topic but I loved this comment  ...

"Sad. My president is so addled and decrepit that his ability to speak English, his only language, is much much weaker than any of the "foreign" diplomats that he negotiates with.  Scary."


I love the comment also except, the Marxist is not now nor will he EVER be "my president".

The local governments in China won't "go broke". President Biden will bail them out with OUR tax dollars, OUR oil and OUR jobs.


Last edited by RV on Tue Jul 26, 2022 9:43 pm; edited 1 time in total
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Post by Lummy Tue Jul 26, 2022 9:12 am

Jackass Biden assumes the position that a risk to China is a risk to his personal investments, which is exactly what democrats have never understood about sovereignty.

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Post by jirqoadai Tue Jul 26, 2022 9:16 am

the only bright side i see about china, its forced taiwan to diversify their world wide investments. just very recently theyve signed a JV agreement to develope bolivias huge oil reserves.
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Post by jirqoadai Tue Jul 26, 2022 9:25 am

my bad. its the pirty concession in SW paraguay. theyre drilling a 15 million dollar exploration well while paying 60 percent of it in order to own an operators position of a 50/50 JV.
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Post by RV Tue Jul 26, 2022 9:26 am

The Biden crime family has made millions from China. It makes sense that he would be soft toward them. After all, China put crooked Joe in the WH and gave Hunter his jobs to finance his Cocaine habit.
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Post by Lummy Tue Jul 26, 2022 9:29 am

RV wrote:The Biden crime family has made millions from China. It makes sense that he would be soft toward them. After all, China put crooked Joe in the WH and gave Hunter his jobs to finance his Cocaine habit.

Certainly there is enough in this to lock Biden up for good?
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Post by RV Tue Jul 26, 2022 9:45 pm

Lummy wrote:
RV wrote:The Biden crime family has made millions from China. It makes sense that he would be soft toward them. After all, China put crooked Joe in the WH and gave Hunter his jobs to finance his Cocaine habit.

Certainly there is enough in this to lock Biden up for good?

If he was a Republican, Trump supporter or Conservative, yes. The fact that he is not any of these, means that the law won't apply to him.
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