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Getbig Main Boards => Gossip & Opinions => Topic started by: Palumboism on March 08, 2023, 05:44:26 PM

Title: China's Real Estate Bubble is Popping
Post by: Palumboism on March 08, 2023, 05:44:26 PM
All those people who bought property as an investment are stopping mortgage payments.  Will this be a lost decade for China like Japan?

Title: Re: China's Real Estate Bubble is Popping
Post by: Fortress on March 08, 2023, 05:46:18 PM
Quite the billboard face and stringbean neck on that chink.

How does he swallow regular food?
Title: Re: China's Real Estate Bubble is Popping
Post by: Stephano on March 08, 2023, 05:50:37 PM
Two more weeks.
Title: Re: China's Real Estate Bubble is Popping
Post by: Rambone on March 08, 2023, 06:10:09 PM
Wong Hong looks small and useless to us
Title: Re: China's Real Estate Bubble is Popping
Post by: Skeletor on March 08, 2023, 06:14:10 PM
Wong Hong looks small and useless to us


(https://www.wonghong.net/images/latestnews/big50b_35.jpeg)
Title: Re: China's Real Estate Bubble is Popping
Post by: webstar on March 08, 2023, 06:44:49 PM
Fuck the zipper heads.

Title: Re: China's Real Estate Bubble is Popping
Post by: Dokey111 on March 08, 2023, 08:19:12 PM
Quite the billboard face and stringbean neck on that chink.

How does he swallow regular food?

maybe he eats rice long wise
Title: Re: China's Real Estate Bubble is Popping
Post by: Rambone on March 09, 2023, 08:30:52 AM

(https://www.wonghong.net/images/latestnews/big50b_35.jpeg)

Looks head and shoulder above the competition there. And look at that shine. That’s good oil!
Title: Re: China's Real Estate Bubble is Popping
Post by: affeman on March 09, 2023, 08:35:35 AM
All those people who bought property as an investment are stopping mortgage payments.  Will this be a lost decade for China like Japan?



(https://media.vanityfair.com/photos/5511831bd34b7410110125ef/master/w_2560%2Cc_limit/jacob-rothschild-david-rockefeller-charlie-rose.jpg)
Title: Re: China's Real Estate Bubble is Popping
Post by: tacobender on March 09, 2023, 12:22:40 PM
Is that Rothschild on the left?
Title: Re: China's Real Estate Bubble is Popping
Post by: Rusty Trombone on March 10, 2023, 12:52:18 AM
All those people who bought property as an investment are stopping mortgage payments. 



All those people?

No, some of them, just like elsewhere.

Idiotic video, propaganda.
Title: Re: China's Real Estate Bubble is Popping
Post by: Humble Narcissist on March 10, 2023, 01:26:42 AM

(https://www.wonghong.net/images/latestnews/big50b_35.jpeg)
WTF ??? There are some weird fucking physiques in bodybuilding.
Title: Re: China's Real Estate Bubble is Popping
Post by: Palumboism on March 10, 2023, 03:49:12 AM
All those people?

No, some of them, just like elsewhere.

Idiotic video, propaganda.

Propaganda from who? The CCP?

These are videos people shot of themselves.  Often showing what poor decisions they made and terrible situation they're in.  What would this be propaganda for?
Title: Re: China's Real Estate Bubble is Popping
Post by: IroNat on March 10, 2023, 05:36:35 AM
China Insights is a Falun Gong supported youtube channel.

It's full of propaganda.

Some is true, some not.
Title: Re: China's Real Estate Bubble is Popping
Post by: Thin Lizzy on March 10, 2023, 06:10:46 AM
Obviously they have some serious problems in their real estate market but they can just keep papering over with money printing. It’ll probably be more of a slow bleed.
Title: Re: China's Real Estate Bubble is Popping
Post by: Humble Narcissist on March 11, 2023, 01:11:08 AM
China Insights is a Falun Gong supported youtube channel.

It's full of propaganda.

Some is true, some not.
Isn't that some religious cult?
Title: Re: China's Real Estate Bubble is Popping
Post by: Rusty Trombone on March 11, 2023, 03:59:06 AM
Propaganda from who? The CCP?

These are videos people shot of themselves.  Often showing what poor decisions they made and terrible situation they're in.  What would this be propaganda for?

Just take a quick look at that channel, all vids are low level propaganda against CCP.... to be fair. Uploaded in Taiwan probably.
Title: Re: China's Real Estate Bubble is Popping
Post by: Palumboism on March 11, 2023, 04:30:09 AM
Just take a quick look at that channel, all vids are low level propaganda against CCP.... to be fair. Uploaded in Taiwan probably.

You're probably right.  I should have put a warning on the Video.

Warning:

Rusty Trombone believes this is Taiwanese anti CCP propaganda.  Watch at your own risk.

Title: Re: China's Real Estate Bubble is Popping
Post by: loco on March 11, 2023, 04:54:50 AM
Quite the billboard face and stringbean neck on that chink.

How does he swallow regular food?

LOL…vegan neck.
Title: Re: China's Real Estate Bubble is Popping
Post by: Palumboism on March 11, 2023, 05:18:35 AM
This video is six years old and shows how long the bubble has been building.  Start at 8:00.  One of these guys is American and the other South African. 

This housing bubble has distorted China's real economic output.  Similar to the bubble which happened in Japan in the late eighties only to pop in the early nineties and lead to decades of deflation and "lost decades".



Title: Re: China's Real Estate Bubble is Popping
Post by: Rusty Trombone on March 11, 2023, 05:22:23 AM
You're probably right.  I should have put a warning on the Video.

Warning:

Rusty Trombone believes this is Taiwanese anti CCP propaganda.  Watch at your own risk.

Its not that I believe but it is.


I hate the CCP in reality.


But I do not like being pampered by low quality propaganda. It is counterproductive and gives false hope.
Like when they try to present that China is poor and soon to be ruined while that State owns half the world.


Title: Re: China's Real Estate Bubble is Popping
Post by: Rusty Trombone on March 11, 2023, 05:26:20 AM
This video is six years old and shows how long the bubble has been building.  Start at 8:00.  One of these guys is American and the other South African. 

This housing bubble has distorted China's real economic output.  Similar to the bubble which happened in Japan in the late eighties only to pop in the early nineties and lead to decades of deflation and "lost decades".





All right.

If you want to believe that China is falling,be my guest.
Title: Re: China's Real Estate Bubble is Popping
Post by: Palumboism on March 11, 2023, 07:07:22 AM
Its not that I believe but it is.


I hate the CCP in reality.


But I do not like being pampered by low quality propaganda. It is counterproductive and gives false hope.
Like when they try to present that China is poor and soon to be ruined while that State owns half the world.

I have a friend who's married to a Chinese woman and they go back to China every year.  He says Shanghai is amazing and if you wonder where all the money in the Midwest cities went, it went there.

The main tier one cities are wealthy Beijing, Shanghai, Shenzhen,  ...

Though, according to they guys form ADV China is third world and the explain why. 

Not their best video, but explains why China is third world starting at 5:00.

Title: Re: China's Real Estate Bubble is Popping
Post by: Stephano on March 11, 2023, 07:13:26 AM
I have a friend who's married to a Chinese woman and they go back to China every year.  He says Shanghai is amazing and if you wonder where all the money in the Midwest cities went, it went there.

The main tier one cities are wealthy Beijing, Shanghai, Shenzhen,  ...

Though, according to they guys form ADV China is third world and the explain why. 

Not their best video, but explains why China is third world starting at 5:00.



This is an smaller, poorer than average city in China



>inb4, urr, urr that`s photoshop. 

Here you have 1 hour walk retards


And here, a drive through Chongqing, China's largest city by population.


China is very advanced and very based.

- Team Wong Hong.
Title: Re: China's Real Estate Bubble is Popping
Post by: LurkerNoMore on March 11, 2023, 07:35:59 AM
All those people who bought property as an investment are stopping mortgage payments.  Will this be a lost decade for China like Japan?




When you leave the Apple Store with an iPhone in your mouth.
Title: Re: China's Real Estate Bubble is Popping
Post by: Kwon on March 11, 2023, 07:45:13 AM
When you leave the Apple Store with the Store in your mouth


MSM is silent
Title: Re: China's Real Estate Bubble is Popping
Post by: Palumboism on March 11, 2023, 09:51:10 AM
This is an smaller, poorer than average city in China

Here you have 1 hour walk retards


China is very advanced and very based.

- Team Wong Hong.

What about the poor construction quality of Chinese buildings?  Just three years after they're built they fall apart.  Who would want this junk?


Title: Re: China's Real Estate Bubble is Popping
Post by: Stephano on March 11, 2023, 10:46:33 AM
What about the poor construction quality of Chinese buildings?  Just three years after they're built they fall apart.  Who would want this junk?



This is cope.  Didn't a condo building in Florida fall down a year or two ago?  Find me an account of a large building in China falling down, with comparable casualties, over the past five years.
Title: Re: China's Real Estate Bubble is Popping
Post by: Humble Narcissist on March 12, 2023, 01:28:01 AM
What about the poor construction quality of Chinese buildings?  Just three years after they're built they fall apart.  Who would want this junk?


Do they use child labor to build buildings like they do everything else?
Title: Re: China's Real Estate Bubble is Popping
Post by: IroNat on March 12, 2023, 04:07:30 AM
Those two guys got booted from China awhile back methinks.

They make some good vids.  Interesting stuff.
Title: Re: China's Real Estate Bubble is Popping
Post by: Stephano on March 12, 2023, 04:14:45 AM
Those two guys got booted from China awhile back methinks.

They make some good vids.  Interesting stuff.

It's low-IQ "Chyna bad!!" propaganda /w a lot of sour grapes. 
Title: Re: China's Real Estate Bubble is Popping
Post by: Palumboism on March 12, 2023, 05:38:10 AM
Those two guys got booted from China awhile back methinks.

They make some good vids.  Interesting stuff.

They're both in American now. 
Title: Re: China's Real Estate Bubble is Popping
Post by: Palumboism on March 12, 2023, 05:39:12 AM
It's low-IQ "Chyna bad!!" propaganda /w a lot of sour grapes.

They wouldn't have lived in China so long if they thought it was that bad.
Title: Re: China's Real Estate Bubble is Popping
Post by: IroNat on March 12, 2023, 07:12:11 AM
It's low-IQ "Chyna bad!!" propaganda /w a lot of sour grapes. 


No.
Title: Re: China's Real Estate Bubble is Popping
Post by: Stephano on March 12, 2023, 07:59:31 AM
No.

Yes.  They're bitter hacks who struck out in China and now make YouTube videos for a low-IQ echo chamber.
Title: Re: China's Real Estate Bubble is Popping
Post by: Palumboism on March 12, 2023, 08:48:22 AM
Yes.  They're bitter hacks who struck out in China and now make YouTube videos for a low-IQ echo chamber.

They created a cottage industry of making Youtube videos about China.  The low-IQ echo chamber must be the sweet spot because they both have over a million subscribers. 

Both speak fluent Chinese and their videos are shot by them at the actual place they are talking about.  To me that gives them credibility.  Did the CCP drive them out of China?  Probably.  They both seem happy where they are and doing what they do.  Both married to Chinese women.
Title: Re: China's Real Estate Bubble is Popping
Post by: Stephano on March 12, 2023, 09:38:53 AM
They created a cottage industry of making Youtube videos about China.  The low-IQ echo chamber must be the sweet spot because they both have over a million subscribers. 

He lives off ad money.

His business model is complaining about China.  His audience is anti-Chinese boomers and Indians.

It's targeted propaganda designed for clicks.  Take everything he says with an enormous grain of salt.



Title: Re: China's Real Estate Bubble is Popping
Post by: IroNat on March 12, 2023, 01:20:11 PM
He lives off ad money.

His business model is complaining about China.  His audience is anti-Chinese boomers and Indians.

It's targeted propaganda designed for clicks.  Take everything he says with an enormous grain of salt.





No.
Title: Re: China's Real Estate Bubble is Popping
Post by: IroNat on March 12, 2023, 01:22:08 PM
Yes.  They're bitter hacks who struck out in China and now make YouTube videos for a low-IQ echo chamber.


No.
Title: Re: China's Real Estate Bubble is Popping
Post by: Stephano on March 12, 2023, 03:01:00 PM
No.

Yes. 

It's boomer-tier whining and complaining.  And this retard lives in California, which has been going downhill like crazy over the past decade in ways which should be blindingly obvious -- and he's from South Africa, which has already become a Battle Royale videogame IRL. 
Title: Re: China's Real Estate Bubble is Popping
Post by: Palumboism on March 12, 2023, 03:24:31 PM
Yes. 

It's boomer-tier whining and complaining.  And this retard lives in California, which has been going downhill like crazy over the past decade in ways which should be blindingly obvious -- and he's from South Africa, which has already become a Battle Royale videogame IRL.

He has a number of videos about South Africa and most of them are very disturbing.  Again, he is speaking from experience and is willing to tell the truth. 

When he says China is a third world country, he says he knows because he comes from a third world country (South Africa).

Title: Re: China's Real Estate Bubble is Popping
Post by: Stephano on March 12, 2023, 04:14:12 PM
He has a number of videos about South Africa and most of them are very disturbing.  Again, he is speaking from experience and is willing to tell the truth. 

When he says China is a third world country, he says he knows because he comes from a third world country (South Africa).

But he's not telling the truth at all.  He's cherry-picking and making glaring misrepresentations. 

Random selection of cities in China:


=472

=1414








Globohomo cities in America:

=12
=9



=404



Why is America so backwards?

Now you'll say, "now you're cherry-picking," but some of those are the largest cities in China.  Here's Guiyang, a smaller "tier 2" city in one of China's poorest provinces: 



"Third world."   ::)
Title: Re: China's Real Estate Bubble is Popping
Post by: Palumboism on March 12, 2023, 04:28:38 PM

But he's not telling the truth at all.  He's cherry-picking and making glaring misrepresentations. 



"Third world."   ::)

No he's not.  He lived in Shenzhen.  They are saying apart from the tier one cities, of which they include Shenzhen as one.

They both rode their bikes all over China. 

You are cherry picking.
Title: Re: China's Real Estate Bubble is Popping
Post by: Stephano on March 12, 2023, 05:00:16 PM
No he's not.  He lived in Shenzhen.  They are saying apart from the tier one cities, of which they include Shenzhen as one.

They both rode their bikes all over China. 

You are cherry picking.

You've got a video there of Guiyang, which is barely a Tier-2 city, in one of China's poorest inland provinces, and it looks a hell of a lot nicer than most American & European cities.

Go ahead and name a city in China that's "third world."  I guarantee you that you can walk across that city, in the middle of the night, and nobody will lay a finger on you.  Nor will you step on human shit, nor will you come across any homeless encampments.  Can you say the same of any large city in the USA?  Or South Africa?  (lol)

That sour grapes fagggot is hitting you with propaganda and you're just eating it up.
Title: Re: China's Real Estate Bubble is Popping
Post by: Humble Narcissist on March 13, 2023, 01:26:44 AM
You've got a video there of Guiyang, which is barely a Tier-2 city, in one of China's poorest inland provinces, and it looks a hell of a lot nicer than most American & European cities.

Go ahead and name a city in China that's "third world."  I guarantee you that you can walk across that city, in the middle of the night, and nobody will lay a finger on you.  Nor will you step on human shit, nor will you come across any homeless encampments.  Can you say the same of any large city in the USA?  Or South Africa?  (lol)

That sour grapes fagggot is hitting you with propaganda and you're just eating it up.
There are adoption agencies from the US that go and pick up children (mostly girls) left in a basket outside of town their parents left them in to either be adopted by foreigners or eating by animals. This is why so many Asian children in the US are adopted.

Check out how people in rural areas of China live. Many don't have running water or electricity. The smog in Chinese cities is almost unbearable. Remember the Beijing Olympics? The US is by almost every standard a better place to live.
Title: Re: China's Real Estate Bubble is Popping
Post by: Stephano on March 13, 2023, 02:48:56 AM
There are adoption agencies from the US that go and pick up children (mostly girls) left in a basket outside of town their parents left them in to either be adopted by foreigners or eating by animals. This is why so many Asian children in the US are adopted.

Check out how people in rural areas of China live. Many don't have running water or electricity. The smog in Chinese cities is almost unbearable. Remember the Beijing Olympics? The US is by almost every standard a better place to live.

China's life expectancy has just passed America's:  https://qz.com/china-life-expectancy-exceeds-us-1849483265

The air quality thing is empirically testable, and really it's not nearly as bad as you're implying.  "Unbearable."   ::)

https://waqi.info/

On average, air quality in the US is better.  But, on the whole, you've gotta figure that the average Chinese city has air quality like the US did back in the 70s and 80s... Before the US finished outsourcing all of its manufacturing and heavy industry to China.  And it's really not that bad.  As of right now, the smog in parts of California is just as bad as the smog in Beijing.  It ain't killing anybody.

As for muh adoptions, I can't find statistics for any year past 2016.  But, in that year, ~2200 children were adopted from China to the USA.  There were 17,860,000 births in China that year.  So you're crying like a woman over something that affected far less than 0.1% of children.  And foreign adoption has probably declined like crazy since 2016, so the problem you're describing probably doesn't even exist any longer.

In the US, >0.5% of children are born addicted to opioids.  e.g. https://www.nbcnews.com/storyline/americas-heroin-epidemic/born-addicted-number-opioid-addicted-babies-soaring-n806346

It's easy to point fingers and shriek about China.  But when you do that, you're literally supporting the globohomo agenda, which views China as the #1 threat to their perverse way of life.  Sure, China has its problems -- but the retards and propagandists blow them wildly out of proportion.
 
Title: Re: China's Real Estate Bubble is Popping
Post by: IroNat on March 13, 2023, 05:20:55 AM
Nah.
Title: Re: China's Real Estate Bubble is Popping
Post by: Stephano on March 13, 2023, 05:28:34 AM
Nah.

Okay little buddy
Title: Re: China's Real Estate Bubble is Popping
Post by: IroNat on March 13, 2023, 06:16:41 AM
Okay little buddy

No.
 :D
Title: Re: China's Real Estate Bubble is Popping
Post by: Humble Narcissist on March 14, 2023, 12:26:24 AM
China's life expectancy has just passed America's:  https://qz.com/china-life-expectancy-exceeds-us-1849483265

The air quality thing is empirically testable, and really it's not nearly as bad as you're implying.  "Unbearable."   ::)

https://waqi.info/

On average, air quality in the US is better.  But, on the whole, you've gotta figure that the average Chinese city has air quality like the US did back in the 70s and 80s... Before the US finished outsourcing all of its manufacturing and heavy industry to China.  And it's really not that bad.  As of right now, the smog in parts of California is just as bad as the smog in Beijing.  It ain't killing anybody.

As for muh adoptions, I can't find statistics for any year past 2016.  But, in that year, ~2200 children were adopted from China to the USA.  There were 17,860,000 births in China that year.  So you're crying like a woman over something that affected far less than 0.1% of children.  And foreign adoption has probably declined like crazy since 2016, so the problem you're describing probably doesn't even exist any longer.

In the US, >0.5% of children are born addicted to opioids.  e.g. https://www.nbcnews.com/storyline/americas-heroin-epidemic/born-addicted-number-opioid-addicted-babies-soaring-n806346

It's easy to point fingers and shriek about China.  But when you do that, you're literally supporting the globohomo agenda, which views China as the #1 threat to their perverse way of life.  Sure, China has its problems -- but the retards and propagandists blow them wildly out of proportion.
Bullshit! During the Olympics the whole city was wearing masks and not for Covid. The smog was so thick it was hard to see 200 yards down the road. China has massive problems with population, first growth and then not enough women because of the 1 child policy. They have to import food to feed their population. Most of the natural resources in Chins are under very populated areas.

I agree that some things are blown out of proportion by cable news and I also agree with them kicking the globo homos to the curb as well.