‘Biggest crash in world history’: Personal finance expert Robert Kiyosaki predicts economic crisis in October

[Mujahid Memon]

the only country which speaks for freedom and rights.

Please tell me what you're smoking

 

[MH.Yang]

So when is China going to stop buying US debt? WHY does it "choose" to keep buying it?

China has been selling U.S. bonds in recent years, and has sold us $175.3 billion in 2020/2021. At present, China's holdings of US debt are only US $1.05 trillion, this is the lowest figure since 2008.

I think China will slowly clear all US debt and no longer support the US dollar.
I suggest that USA find other countries to replace China as soon as possible to produce enough goods to hedge American inflation, maybe American can consider India.

 

[K_Bin_W]

maybe American can consider India.

You know how to make fun and rub it in

 

[Novus ordu seclorum]

you must be living under a rock

The only country which speaks for the kind of freedom which matters. See below.

Please tell me what you're smoking

You know other countries which speak for freedom? I don't. All other countries speak for their nationalism.

 

[MH.Yang]

View attachment 788443

USA has over issued $4 trillion currency, and USA is experiencing inflation. During this period, the US stock market will certainly soar. Americans print so much money that if they can't buy goods, they will certainly buy stocks.

But this is not good news, which means that the over issued currency of USA has not entered the production field, but into the consumption field and the stock market. This money will not stimulate the economic development of USA, but will only stimulate the economic development of China. Without real economy businesses support, even if stocks's index is higher, it is just some bubbles.

You think they are wealth. I think they are bombs.

LOL! The supposed PDF China collapse posts by "American trolls" seem to only happen in Chinese member's heads.

I remember a few days ago, you posted many posts that Evergrande will collapse, and you said that Evergrande will collapse, leading to the collapse of China's real estate market, and the collapse of the real estate market will lead to the collapse of China.

 

[HttpError]

Buy Bitcoin and Ethereum, especially Ethereum as it is about to hit $10,000

 

[tower9]

Robert Kiyosaki is always yelling about a crash. Last year he said covid would cause a crash in the real estate and stock markets, instead it soared.

 

[Hamartia Antidote]

I remember a few days ago, you posted many posts that Evergrande will collapse, and you said that Evergrande will collapse

I posted about Evergrande on the verge of default...that has nothing to do with China collapsing.

and the collapse of the real estate market will lead to the collapse of China.

LOL! Oh really..the articles said that?
Let me dbl-check that..let's scan those Evergrande posts of mine looking for a hint of China collapsing.
hmm..this is going to be good..let's take a peek...

This one

Evergrande’s Global Bondholders Didn’t Receive Interest Payment

https://www.wsj.com/articles/china-evergrande-bondholders-in-the-dark-about-83-5-million-in-interest-payments-11632453719 Global investors who own China Evergrande Group ’s U.S. dollar bonds hadn’t received an interest payment from the property giant by Thursday’s deadline, said people familiar...

defence.pk

Nope! No mention of China collapse!

or this one?

Evergrande’s Total Liabilities Swell to Over $300 Billion

https://www.bloomberg.com/news/articles/2021-09-01/evergrande-s-falling-debt-masks-dues-swelling-over-300-billion Chinese developer is at ‘a critical point,’ analyst Zhou says Bonds tumble after property giant warns of default risk On the face of it, China...

defence.pk

Nope! No mention of China collapse!

Maybe this one?

China central bank rebukes Evergrande, says ‘poor management’ led to crisis

https://www.scmp.com/economy/china-economy/article/3152530/china-evergrande-crisis-caused-poor-management-exception China’s central bank says property developer Evergrande Group failed to act judiciously in the face of changing market conditions But it stressed China’s property sector is...

defence.pk

Nope! No mention of China collapse!

I think you should go back and reread them because this is the first time I'm hearing this!!! I think your mind is playing tricks on you and just making stuff up!

I think your response in this thread is an excellent excellent excellent example of how the Chinese psyche works. How you interpret one thing into something completely different. No wonder the Chinese here keep complaining everybody is saying China is on the verge of collapse! If somebody posts a video of somebody tripping in a Beijing street you'll probably spin it in your head that people are thinking China is on the verge of collapse.

Is the US going to collapse if Exxon Mobile, Microsoft, Apple, Tesla, or any other big company is on the brink? Of course not.

Stop making false connections.

China has been selling U.S. bonds in recent years, and has sold us $175.3 billion in 2020/2021. At present, China's holdings of US debt are only US $1.05 trillion, this is the lowest figure since 2008.

View attachment 788737

I think China will slowly clear all US debt and no longer support the US dollar.
I suggest that USA find other countries to replace China as soon as possible to produce enough goods to hedge American inflation, maybe American can consider India.

Nice but trading closed and the market didn't crash like the OP author claimed so your yapping is 100% moot since the ‘Biggest crash in world history’ didn't occur.

Now at the last trading day in October suddenly saying "Well X could lead to Y in some future time Z" is worthless.

 

[Stranagor]

https://sputniknews.com/20211029/china-seeing-robust-post-covid-rise-while-us-economy-under-biden-is-losing-steam-author-says-1090321475.html

....
Wall Street bankers have concluded the US economy is headed for a tail spin and they are searching for better global investment venues to place their money at. China’s economy remains resilient and that will continue onward. The US stock markets have risen too high in recent months and that’s setting the stage for a bubble to pop there. The European markets as a whole seem to be doing even worse than the US so the best places for mid-term to long-term investments are in the Eastern Hemisphere with China and Southeast Asia looking more attractive for investors.

...

 

[Hamartia Antidote]

Wall Street bankers have concluded the US economy is headed for a tail spin and they are searching for better global investment venues to place their money at. China’s economy remains resilient and that will continue onward.

I heard in this very thread from Chinese members that US Financial news sources were saying China is collapsing due to Evergrande..oh wait I think the Chinese were mistaken...

 

[MH.Yang]

I think your response in this thread is an excellent excellent excellent example of how the Chinese psyche works. How you interpret one thing into something completely different. No wonder the Chinese here keep complaining everybody is saying China is on the verge of collapse! If somebody posts a video of somebody tripping in a Beijing street you'll probably spin it in your head that people are thinking China is on the verge of collapse.

Do you know him and his books?

 

[MH.Yang]

I heard in this very thread from Chinese members that US Financial news sources were saying China is collapsing due to Evergrande..oh wait I think the Chinese were mistaken...

I just searched "China" and "collapse" casually in PDF.

 

[Hamartia Antidote]

Do you know him and his books?

View attachment 788778

Yes, he's somebody the Chinese PDF members quote year after year after year saying he has been appointed by the UN to speak on behalf of the world on the current status of the Chinese Economy.

I just searched "China" and "collapse" casually in PDF.


View attachment 788780
View attachment 788781View attachment 788782

Two Chinese (tower, Tai Hai Chen)and a Pakistani(aziqbal)?
Maybe Chinese are into self-flagellation?

 

[siegecrossbow]

Two more days left till end of October. Where is the crash?

 

[MH.Yang]

Yes, he's somebody the Chinese PDF members quote year after year after year saying he has been appointed by the UN to speak on behalf of the world on the current status of the Chinese Economy.


Two Chinese (tower, Tai Hai Chen)and a Pakistani(aziqbal)?
Maybe Chinese are into self-flagellation?

Tai Hai Chen is a fake Chinese. He can't even read a Chinese classical word. He only knows Chinese that can be translated by Google. He is very familiar with Canada. I think he is an Indian Canadian.
Is aziqbal Pakistani? I think he is American.
Where is the tower? I didn't send a reply from tower.