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David Himmelsbach
China Observer
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Comments by "David Himmelsbach" (@davidhimmelsbach557) on "Evergrande’s 39 Buildings Scheduled for Demolition on Ocean Flower Island" video.
But this prompt demand is how the CCP will seize these assets. With a time horizon of ten-days, they'd have to use atomic explosives.
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@charlescheechien8529 Red China is out-printing money (RMB) by a HUGE margin over the entire rest of the planet. That's a fact not even in dispute. BTW, in 1937 the USA held about 75% of ALL the world's (central banking) gold. It still holds more gold than any other nation. The RMB is managed by Red China's central bank versus the US dollar. It is NOT gold-backed.
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@PhilLesh69 Not really. Banks and bankers are two different entities. Bankers make their money by TRANSACTIONS. Banks make their money by transactions and INTEREST. It is COMMON for bankers to loot their own banks by Control Fraud -- ie making insane loans. ( See: Countrywide Financial -- a perfect instance of Control Fraud. ) { Also see: Freddie Mac and Fannie Mae -- two more cases of Control Fraud. The bankers walked away with millions -- the nation with crazy losses.}
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