HSBC
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Based
drns
Thanks orange man
does this make my bitcones go up
Thank's user
>not having a locked in mortgage rate
Who does this?
I have a roll of silver eagles will I make it?
neat
so only insiders have proof of this?
when will it become public
thanks user this is huge
wait wait wait should i short hsbc
the current approved version of his firing was due to a 15% loss in asia for HSBC holdings. I will believe this until a further approved version of the story is released through traditional channels, as should you user.
Fucking noobs, china repeats cicles over and over again, check march 2017 the same has happened before. Go all in crypto, bullrun soon.
It's hard to take pajeets like you seriously when you can't even spell cycle correctly.
We are going to have war between China and the USA within eighteen months. The trade war has tensions ratcheted up and this Hong Kong thing is eventually going to provoke a heavy handed Chinese response that will force the issue.
The USA is just waiting for a reason to blockade China without looking like the aggressors.
I use 5 different languages, how many can you use? Ah?
Based doggo user, if you are here please bless us with your presence again.
Anons, watch this video:
youtube.com
Kyle Bass was talking about all this 5 months ago. It perfectly surmises the situation here. He predicted this shit just like he predicted the financial crisis of '08 a year or so before it hit.
Wealthy Chinese are getting their money out of China before it's worthless. Remember how China "owned the U.S."? Well they're selling all those U.S. treasuries because they're desperate for cash.
Whew been renting for years waiting for a housing dip.
Does the mean the kung pow chicken really is cat and it;s not just a meme
But do you know how to poo in the loo?
>good news for the US that liquidity is being sucked out of the US bond market
What a retard
where will chinks go when they cant get USD
You understand that bonds are ultimately only redeemable at their maturity date, meaning that they’re being sold to someone else who will have to hold them for the duration, right? R..right?
fucking hell big brain kyle bass called it
AGAIN
>I don't know what a Bond is
Thank you Kanye very cool
This guy also took a huge hit in 2017 with the yuan. I hope he's right since I hate the chinese smugness but also don't want people to lose everything...Wouldn't mind buying some cheap homes though. Comfy in crypto.
huh? The only thing I understood was "mature" since its one of my favorite tags.
He literally says it right here:
GO TO 14:30 ANONS MY BAD I FUCKED UP THE LINK
Jesus Christ.. nice find. This should be the top thread on biz right now
what's the move here fellas? btc? gold? bonds? is this finally it?
Hahaha the host smiling like a retard
>tfw my job is related to the sale of coal to china
im fucked arent i
looks like other European banks might be involved.. not just HSBC. This could be much bigger than we thought
all he says is there were marketplace rumors. can anyone red pill me on this Kyle bass guy? does he have insider info?
what is the fall out of the lack of lending going to be?
I hope not, wtf else are the chinese btc miners gonna run their farms on? Cow farts?
So I wonder what banks are involved?
Santander? Imagine if it's DB...
well they have 6.2 trillion in US treasury, so how does defaulting on 400 billy help China?
not trolling, just curios
can someone explain what this means?
a trade war will cause global financial recession because china is leveraged out and needs money?
how does this relate to them devaluing their currency, was it a tactic to keep it afloat?
Also why was the CEO fired?
was it a bad business decision to lend 400 billion to PBOC or is it illegal, I don't understand
I don't understand either. Isn't that what banks do.
it means that Trump is an idiot
He picked a fight with China but the US doesn't actually export anything or make anything so obviously we lose a "trade" war
I found this on Jow Forums. Basically China desperate needs Western capital to continue its development, but the devaluation of its currency will cause Westerners to run on the banks. Trump is a dumbass and thinks China is devaluing their currency, but actually the exact opposite is happening. The Chinese are desperately trying to hold it up. There's also larger macro trends to consider
Yeah he plays guitar for tenacious d
kek this is fucking hilarious
Epic find
>CEO
>HSBC
>BOE
>PBOC
I hope that isn't serious
To borrow from Peter Zeihan:
China's economy was always based on decentralized supply chains, globalization and global stability and capital rich boomers injecting money into their economy. But all those things are going away. Their demographics are as fucked as the senescent European populations and their internal banking systems are rotten to the core.
These European banks apparently entered secret deals to prop up the Chinese banks that gave rotten loans. Remember, in China it don't matter if you can make a legitimate product. They just care about employment, that's it. Beacause it's an authoritarian country and if people are employed they aren't marching in the streets demanding revolution. So a lot of Chinese "growth" was actually a scam and a lot of bad loans stacked up
bruh... USA isn't going to war with China over some HK protesters getting merked. You remember Tiennamen Square?!
China and US economies are too interlinked for a conventional war to be in either side's best interest.
Alright, I'll help.
Chief Executive Officer (leader of the company as elected by the shareholders)
Hong Kong Shanghai Bank of Commerce (one of the largest banks in the world. Relic of British Imperial rule in Asia)
Bank of England (government arm of British banks)
People's Bank of China (government arm of Chinese banks)
Keep this discussion going without any mention of the word chink. If you feel the need to be racist for whatever reason, you do not belong here and you need to get the fuck outta here. This board is not a place to express your racists views. I wont be telling you this again.
But is the rumor true?
Time links don't work when embedded anyway, unless that's just me?
I entirely agree. This board should focus on empowering minorities.
In fact, I have a very important announcement to make.
Did you say Timo ?
I think he means the value of the homes will fall below what people owe on them
Chink?
you americans fail to realize that USA is a failed state. China is the new superpower
Stfu no one gives a shit, nice attention whoring moron here is your (you)
>USA goes to war with China
>Russia fucks us in the ass
Russia is the new Hegemony. You have to hand it to those fuckers, they already figured out how to influence/control the internet
lol no. US couldnt even take iraq, you really think the US could defeat AND occupy china? delusional. China would get their ass kicked if they tried to attack and occupy us, but we would have the same thing happen to us if we tried to fight them as well. Dont forget, they have a nuclear arsenal as well; worst case scenario both US and china would lose. youre simply not being realistic about this
>but we would have the same thing happen to us if we tried to fight them as well
meant to say that the same thing would happen to us if we tried to fight them on their home turf
appologies for the misunderstanding this is a white and asian enlightenment and prosperity board. please check in at Jow Forums for your orientation and preparation
also kek are the subhuman sudacas, pajeet and yuro trash screeching and squeeling and cheering for USA to fail. I guarantee you, whether the next Hegemony be China or Russia, your lives will only become even more miserable and irrelevant than they already are
lmao this has been obvious for years to anyone with a brain who has actually spent time on the ground in mainland china. Malinvestment everywhere. It's a miracle the day of reckoning has taken this long.
Russia is deep in chinese pockets. The only thing that will that will keep them afloat is their gold (and BTC) reserves
bloomberg.com
if this is all true its the biggest financial scandal this century millions of people will lose their pensions because some CEO used it to finance ghost cities in China
Maybe each boomer can be given a free chinese ghost city condo?
>he said posting on an American image board via the internet which was also invented by AmeriCANS.
Imagine trying to actually argue with an American on their home turf and thinking you have a chance of winning. USA! USA! USA!
Most vocal China bear. Has called for a ~40% drop in value of Yuan
Rumors circulating they're going for UND. Strap in.
America wouldn't need to occupy China, it would just need to defeat their Navy off their coast and maybe bomb a few of their coastal cities.
You don't start land wars in Asia.
Remember, pretty much all of China's development in the last 40 years has been in the industrial cities on the coast. These could be bombed.
Of course forces in South Korea and Taiwan would probably be either occupied or take heavy damage by China/North Korea until America forces can concentrate enough force.
That is, if they have enough force by the time the fight starts, which is questionable in 10 years time.
Russia has remarkably low amounts of private and public debt.
Whether that is because of prudent government or a reluctance/inability of Westerns to provide debt is up for debate.
>tfw I remember the Russian Ruble going from 15 per dollar to 80 per dollar in 2014/2015
lmao
that's fucking badass. I really, really want to believe he's right.
Arrogant mutt detected
You realize the secondary market for treasuries and corporate accounts for trillions in fixed income accounts r-right? If they can't buy higher yielding safe assets and have buyers for their longer term treasuries the entire retirement bubble pops you know that r-right? You also realize that china dumping treasuries and drying up buying pressure liquidity will push down the yield exponentially as your longer term treasuries will trade at face value with nobody buying them r-right?
You realize you should fuck back off to r-r*ddit with your psuedo intellectual bullshit r-right?
China has been doing this for years and if you didn't know this your a faggot
Based
the world best kept secret
kys chink rat
What exchange are the coins on?
>America wouldn't need to occupy China, it would just need to defeat their Navy off their coast and maybe bomb a few of their coastal cities.
at some point occupation forces would be needed, you're delusional if you think otherwise. just because you handwave this point doesnt magically invalidate it.
you obviously havent been paying attention to china's research in asymmetric weaponry if you think the scenario you stated is plausible in the year 2019. A US attack on the chinese mainland would be an absolute slaughter in terms of US casualties; thats not even taking into account the fact that russia would probably jump in as well to help out china. The truth is, it would be very unpredictable and not a walk in the park like you are trying to suggest.
also you conveniently forget to address the nuke factor; its entirely possible that a losing china could decide to play the nuke card in which case everybody loses. Like I said, you damage your own credibility by being so sure that things will happen in this way or that way, its obvious that you dont consider the multifaceted and oftentimes unpredictable nature of war
Oh god its this fucking jannie. I'm already getting sent to the underground FEMA camps for white neets when shit hits the fan, why cant I just use casual racial slurs with what time I have left you fucking nerd.
FUCK CHINKS
FUCK BANKERS
FUCK STOCKS
FUCK FIAT
1K EOY
NEVER FUCKING SELLING
>He doesn't know banks can call in a mortgage for immediate payment
Mortgagefags gunna get recked
Alright, I'm a brainlet, but what I'm getting from this is that it will be really bad for the US and global economy, but absolutely catastrophic for the chinks. Could this finally result in the collapse of the PRC government if their economy completey implodes?