Australia’s Construction Industry “On Brink of Collapse”: ... (Wolf Street), page-21

  1. 10,404 Posts.
    " They cannot fill the jails as beyond a certain point"

    oh, China's a big place. There's always enough room to squeeze in another gulag. Chinese stimulus could be around a new camp building plan. Plenty of razor wire manufacturers, Lots of bits and pieces to build a gulag, to keep the hoards occupied, before they get to personally inspect their handy work from inside.

    ....And to add to China's leadership are all those nonperforming loans to Africa and assorted other places worldwide must be creating a real headache for the politburo. Most of these loans have sovereign assets as collateral. Just how many copper, zinc lead mines,etc airports, ports.... does China need to own as indebted third word countries slide into insolvency.

    Years of stagnant growth to come, what is China going to do when government needs cash? Dump cheap minerals on a dead market further crippling economies of China's customers.

    In 5 years time we will look back on this time and see just how complicated situations turned out to be solved by very simple solutions.

    If Xi gets the chop it's possible that the leadership will move toward the right to regain popularity and leverage. However no one is going to forget the past four months. This will be etched in graphic detail. We know who did what and when. The end will be a horrible nightmare

 
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