Gold, SIlver way up, bullshit stocks down! HAPPENING
BREAKING: HSBC IS PROPPING UP CHINA’S ECONOMY; CEO HAS BEEN FIRED
David Gomez
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Zachary Sanders
>Hong Kong and Shanghai Banking Corporation
Clue's in the name desu
Sebastian James
...would this be why china decided to go heavier hand on the whole hk riots thing? I'm just a retard spitballing here, but it doesn't seem beyond them to use a heavy hand and ensure their economic warfare shit continues.
Jaxon Walker
Bank of England .
People's bank of China .
Your welcome
Blake Ortiz
an user told us this yesterday
we actually had someone who wasn't larping
Lincoln Edwards
holy shit
big if true
Owen Anderson
Hsbc can lend money to whoever they want riight?
What I'm I missing .
Don't say brain
Connor Harris
China has borrowed LOTS of dollars over the years.
They then converted these to Yuan (the local currency) and loaned them out.
Those loans built Ghost Cities, empty buildings and failed businesses.
When the loans need repaying, they need repaying in dollars, BUT China doesn't have enough dollars, and those bad Yuan loans aren't worth shit.
China's banks have been insolvent for some time and survive thanks to stealth-bailouts, but the trick is ending.
China desperately needs dollars and Trump is fucking them by Tweeting about tarrifs and trade wars.
Popcorn time, boys.
China's Lehman moment is imminent.
Landon Hill
They've spent the last twenty years getting their tentacle into every facet of Hong Kong so it wouldn't be surprising.
Ryan Adams
>China's Lehman moment is imminent.
>mfw China collapses
lel