I'm just crazy enough to believe that China may intentionally unleash a credit contagion (via Evergrande) to burst our asset bubble and accelerate its progress toward challenging dollar hegemony

3:17 PM · Sep 21, 2021

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Replying to @spomboy
I am unsure how much longer they will wait to peg their currency to gold.
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Xi is not getting any younger. And we are both younger than him. So do the math… soon… 😂😂😂
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Replying to @spomboy
So you're saying fentanyl, covid, and lockdowns aren't their only weapons?
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And buying up the storage container supply
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Replying to @spomboy
But isnt almost all the debt local?
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That's what I don't get. But so much margin lending out there doesn't take much to bring stock markets down. Can't see why they can't print money and to bail out the people, 'disappear' developers to gain state control. Their debt to GDP could stand it.
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Replying to @spomboy
A few years ago mainstream media was contrasting the four-year agenda of the American democracy with the CCP’s 50–year plans — doesn’t surprise me if this comes to fruition. Plus, the CCP has got their hooks sunk deep into the Chinese economy, so domestic resistance is low #IMHO.
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Replying to @spomboy
Not crazy, but evidently more effective at connecting dots than the average person.
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Replying to @spomboy
Isn't it interesting this Evergrande crisis is timed before the FOMC taper 🤔
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Hmmmm
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