Crisis of the Century!

CarderPlanet

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Soon we will all be beggars! After all, another global economic crisis is coming. Be the first to know and manage to create your own airbag!

Chinese autumn
Very interesting and eventful times are coming. In the field of economics and finance it goes without saying. But in general, everything that happens to the economy will ultimately affect us. Those who fumble for stocks, business, etc. most likely you have already read the news about the impending collapse of the Chinese construction company Evergrande. I'll explain for everyone else.

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There is a huge real estate market in China, which is more than $ 50 trillion. And there is Evergrande, the second largest developer in China, which inflates this market and makes money on it. In a nutshell, the market is overheated, real estate prices are too high, and the developer overestimated its strength and raised $ 300 billion in loans that it cannot repay now. And since there is no money, the company faces default, ruin, as well as fields of unfinished Chinese skyscrapers. This will most likely happen, since the Chinese authorities benefit from such an alignment, and indeed, the whole mess began through their fault.

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Red director
A couple of months ago, the Chinese Communist Party banned children from playing video games. Practically. They seem to be able to spend half an hour a day there, and then only on weekends. Then the communists began to bring down the sphere of private education, banning tutors.

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As planned, families will spend less on the education of their current children and will be able to give birth to even more uneducated cattle. Jack Ma, the founder of Aliexpress, was generally taken out into the forest somewhere and squeezed out about $ 15 billion, which he allegedly donated. And yes. If you look at the dynamics of the shares of most of the top Chinese companies, you would think that you have hit the chart of some crypto pyramid. In short, there is already a crisis in China and the Communist Party itself started it. For what purpose? Roll to get it. When Chinese IT and other giants go bankrupt, they can be gradually nationalized and made the country completely controllable. Ato somehow painfully these Chinese Elon Masks got loose. In China, this is not possible. China loves order.

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We'll all get poorer
But back to more pressing things. How will the Chinese crisis affect us? I hope you all watched the 30 minute YouTube video about how the global economy works. This is an endless stream of transactions and transactions between people around the world, which is inflated by loans for a more dynamic development. So what happens if Evergrande collapses? Property prices in China will fall, which means the Chinese will become poorer. Suppliers of building materials, metal manufacturers and everyone involved in real estate will also suffer. Most likely, most of these people will lose their jobs and become poorer, due to the fact that there is less money left in the industry. And since all these impoverished people are also cogs of the economy, they will also stop paying someone and everything will fall like dominoes. The economy will shrink to its real size there will be a bunch of tears of snot and lost destinies. Will this happen on a global scale? Of course, yes. But not because of Evergrande. The collapse of this developer can only be the starting point for deflating a large bubble in the Chinese real estate market, which was actively growing even during the crown. Now, if such a structure collapses, then we will definitely feel it. The exchange rate will collapse again, prices will rise, and it will be possible to remain without work. Another factor in favor of the collapse is the S&P 500. The US stock market is now at its historic highs and urgently needs to cool off. Everything is too inflated, and I do not even want to remember about the constantly printed dollar. which grew actively even during the crown. Now, if such a structure collapses, then we will definitely feel it. The exchange rate will collapse again, prices will rise, and it will be possible to remain without work. Another factor in favor of the collapse is the S&P 500. The US stock market is now at its historic highs and urgently needs to cool off. Everything is too inflated, and I don't even want to remember about the constantly printed dollar. which grew actively even during the crown. Now, if such a structure collapses, then we will definitely feel it. The exchange rate will collapse again, prices will rise, and it will be possible to remain without work. Another factor in favor of the collapse is the S&P 500. The US stock market is now at its historic highs and urgently needs to cool off. Everything is too inflated, and I don't even want to remember about the constantly printed dollar.

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What to do?
And if you think that I will say - we buy a crypt! No. Vice versa. Now you need to sell most of your assets and go into the dollar. The crypto will collapse even more for funds and the market for non-movable assets, so don't be surprised if you see a 16k cue ball in a couple of months. And all this is positive. This is how the economy works. It is cyclical and very soon will give us the opportunity to get rich. To do this, we will only need to buy stocks / crypto / gold during the crisis, when everyone will sell in a panic. And after a couple of years, we risk seeing a solid plus on our balance sheet.

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Outcome
Prices are always restored, but health is not. Don't worry about the coming crisis. You need to prepare for it with peace of mind and take it as an excellent opportunity. That's all for me, if you like these posts in which I slightly touch on the economy and other serious topics, write it down in the comments. I will try to do it more often.
 
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