going to be an exciting week in china real estate markets another big developer probably missing a bond payment today, evergrande likely to formally hit default at some point this weekhttps://archive.is/qkINL
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May we see the end of Xi? The best case scenario is Xi is getting his ass roasted, go apeshit, centralizes more and when he dies in 10 years, the PCC is just a rotting empty shell and dies with him.
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how about just having properly regulated capital markets with decent disclosure and a government that doesn't randomly and capriciously take all your shit away oh wait no that wouldn't work
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or get rid of capital controls so people can invest in overseas businesses without a bunch of stupid money laundering bullshit and make up the difference in domestic investment by deregulating foreign ownership of domestic businesses
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Tomorrow. Chairman who?
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