Comments by "Lepus Felix" (@MasticinaAkicta) on "Stoic Finance" channel.

  1. As European I am watching this all happen. I remember when Turkey was in talks to join the EU fully. Turkey going down economically would be the same as greece did, cause a huge headache to the EURO market. But since Turkey still has their own value and is not coupled... it will do mostly trade and political damage and much less financial.
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  2. Seemingly, a lot of smaller developers already had crashed. Evergrande is just the first HUGE one to crash! And yes, ghost cities don't make a functioning economy.
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  3. The chinese bubble that never bursts pop it just did. Well a few months ago really... and it seems deflation is going faster then those with the ironpin wanted.
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  4. China, way to many houses, but they are seen as investment. My country, waiting lists to rent a house longer then 10 years in some areas.... so in my country there are laws that investors can't just buy up stuff everywhere. Local laws can apply that force the buyer or their family to LIFE IN IT!
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  5. He has a good point, for something to worth something you need to be able to sell. But to WHOM? if there are no buyers what is your market again? I am not saying that bitcoin has no value, but that getting your money OUT of it might not be as simple!
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  6. How long before this spreads to other banks... and bigger banks... and bigger banks... and bigger businesses!
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  7. Foreseeable. And yet it happens.
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  8. China is strong, china is powerful, china has a 13 inch... oh what is that the economy crashing?
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  9. Oh another crypto lender in trouble. You don't see it coming right :! So eeh... gold and silver it is! He.. unless that crashes too!
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  10. Yeah I read about celsius... whoops so much for stable and safe.
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  11. It is china soo... will they just buy up Evergrande, will they just perk it up by forcing banks to offer more loans? Don't forget Evergrande as any BIG chinese company is pretty much ran by china. China always retains an ability to control their businesses.
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  12. China is that person at the party who is like "oh no all is fine, life is going well, sure the market has gone down a little but our stock and investments are safe..."
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  13. And now the banks are finding people don't want to pay their mortgage anymore. I wonder why...
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  14. So china is stockpiling food and resources, rearing to go to war. Russia is snubbing Europe, as usual! Turkey is enjoying hyper inflation And the USA is beginning its big crash. I wonder who is going to win out of all this!
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  15. Yeah this is going to be a lot worse then the 2008 Subprime crash...
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