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Moody’s downgraded its outlook on China’s government credit ratings to negative from stable
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<blockquote data-quote="newolddude" data-source="post: 5768692" data-attributes="member: 84020"><p>I think it's quite the possibility that China is heading for an economic collapse. Nothing that continue growing/going upward for this long.</p><p></p><p>A significant amount of the economy is based upon these crazy public works efforts to keep the massive populace employed. They just keep trying to hide money in real estate and other things.</p><p></p><p>Ghost cities:</p><p>[URL unfurl="true"]https://www.businessinsider.com/china-empty-homes-real-estate-evergrande-housing-market-problem-2021-10[/URL]</p><p></p><p>High speed rail:</p><p>[ATTACH=full]457166[/ATTACH]</p></blockquote><p></p>
[QUOTE="newolddude, post: 5768692, member: 84020"] I think it's quite the possibility that China is heading for an economic collapse. Nothing that continue growing/going upward for this long. A significant amount of the economy is based upon these crazy public works efforts to keep the massive populace employed. They just keep trying to hide money in real estate and other things. Ghost cities: [URL unfurl="true"]https://www.businessinsider.com/china-empty-homes-real-estate-evergrande-housing-market-problem-2021-10[/URL] High speed rail: [ATTACH type="full"]457166[/ATTACH] [/QUOTE]
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Moody’s downgraded its outlook on China’s government credit ratings to negative from stable
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