Evergrande is next Lehman Brothers? - GoFuckYourself.com

djroof · 09-25-2021, 03:30 AM

What do think about Evergrande situation in China? This could be next Lehman Brothers which will has effect to world economy?

Brian mike · 09-25-2021, 06:30 AM

bailout from their government is coming?

Scrapper · 09-25-2021, 10:29 AM

Everyone is in debt or, worse unfunded liabilities. There is no way any country can pay it off. That said, everyone is looking for this big crash. The reason is their conception of a crash, like how the 1929 Stockmarket crashed, causing the great depression, is wrong.

People don't see or realize is it's already crashing because they are using the above reference, i.e., the 1929 crash without its historical timeline. Meaning, the market rebounded a year later, but the people never did, and 1933 is when the depression really started.

That said, what we are experiencing is not primarily a financial crash, but something much worse. It has a lot to do with the singularity theory. In short, within a generation, there is a disconnect of totally different realities and or value systems. This is due to technology as now the cancel culture compared to the millennials compared to my (55) generation.

They simply do not want to work as part humility involved or their perception of it. They want it to crash. When it comes to China, it's like a huge Mexican standoff between them, the US, and Europe. Who's going to blink first.

_Richard_ · 09-26-2021, 07:25 AM

chinese seem to be saying that there is no 'too big to fail' and these guys will be allowed to go under. however, there is another company there posting big losses and just received an injection. Seems that they have a common problem

09-25-2021, 03:30 AM	#1
djroof JuicyDevils.gr Owner Industry Role: Join Date: Jan 2004 Location: Greece Posts: 25,344	Evergrande is next Lehman Brothers? What do think about Evergrande situation in China? This could be next Lehman Brothers which will has effect to world economy?

09-26-2021, 07:25 AM	#4
_Richard_ Too lazy to set a custom title Industry Role: Join Date: Oct 2006 Location: Vancouver Posts: 30,985	chinese seem to be saying that there is no 'too big to fail' and these guys will be allowed to go under. however, there is another company there posting big losses and just received an injection. Seems that they have a common problem __________________ s k y: stxrichard \| webmaster darkhall com

09-25-2021, 06:30 AM	#2
Brian mike STAND OUR GROUND Industry Role: Join Date: Oct 2014 Location: Canada Posts: 7,116	bailout from their government is coming?

09-25-2021, 10:29 AM	#3
Scrapper So Fucking Banned Industry Role: Join Date: Dec 2004 Location: Sack Masking Your Face Posts: 491	Everyone is in debt or, worse unfunded liabilities. There is no way any country can pay it off. That said, everyone is looking for this big crash. The reason is their conception of a crash, like how the 1929 Stockmarket crashed, causing the great depression, is wrong. People don't see or realize is it's already crashing because they are using the above reference, i.e., the 1929 crash without its historical timeline. Meaning, the market rebounded a year later, but the people never did, and 1933 is when the depression really started. That said, what we are experiencing is not primarily a financial crash, but something much worse. It has a lot to do with the singularity theory. In short, within a generation, there is a disconnect of totally different realities and or value systems. This is due to technology as now the cancel culture compared to the millennials compared to my (55) generation. They simply do not want to work as part humility involved or their perception of it. They want it to crash. When it comes to China, it's like a huge Mexican standoff between them, the US, and Europe. Who's going to blink first.