Anonymous ID: e27d52 June 29, 2020, 1:25 a.m. No.9784880   🗄️.is 🔗kun   >>4898 >>4902 >>4911 >>4925

>>9784794

>>9784805

The ghost cities are a little bit of a misnomer, and not quite what they seem. Anon lived there for 2 years and can relate the following:

 

They are real estate investments. Chinese people know of one 'sure' source of investing, and that is real estate. They are not creative, or well informed, so they don't know anything about bubble economies. They do have a neighbor or family member who got 'rich' investing in a few condos, however, so they all put their money into condos.

 

There are no private 'houses' in China, not the way we think of them. People live in giant apartment blocks, which THEY call cities ("guanchan"), but which are really giant complexes. Anon lived in one that housed about 50,000 people, with restaurants, hair salons, coffee shops, etc. They are like gated communities. 50K people sounds huge, but its just an average apartment complex. 2 million people sounds huge, but they just call that a village. It takes 5 - 10 million people to truly be a city, and to my knowledge there are no ghost 'cities' like that.

 

In these huge condo complexes, they are pre-built with shop fronts and fake names on the signs. The developers like them to look as complete as possible from the outside. There will be streets and lights and new sidewalks, fountains, all the trimmings. All designed to lure would-be buyers into investing in the site, and one day moving to it hopefully. By then the buyer will have sold it to someone else for a profit. As you would expect, the quality of construction is as shoddy as possible.

 

The real estate bust has not truly occurred in China, but investors know it is coming. The rising wages and looming bust are the primary reason many international companies are pulling their investments and putting up new factories in India, or moving back to Mexico. 10% to 20% wage increase per year is what the chinese have come to expect under president Xi.

 

I concur with many on here that the Xi regime is unsustainable. I closed office and moved out two years ago now. His regime is a ticking time bomb which Trump is wisely squeezing and pushing every chance he gets. Maybe it will be the dam break, maybe it will be the falling Yuan, maybe it will be pushback from the Beijing rich who don't want to lose access to their Hong Kong accounts.

 

Something feels like it is going to snap. If I were feeling rather George Soros-ish, it would seem like Xi kicking off a war with Taiwan would be the best way to retain the necessary amount of nationalism and faith in the party. That would obviously carry its own risk.

 

Whatever Bannon is up to, maybe it can wake up enough Chinese to prevent a catastrophe.

Anonymous ID: e27d52 June 29, 2020, 1:35 a.m. No.9784933   🗄️.is 🔗kun   >>4942

>>9784904

We have been discussing this possibility on here for at least a week or two. But as of yet there has been no 'plan' or sauce that anyone can reveal as to the actual habbening.

 

They are already classified as a terrorist organization, so an attack like this on unsuspecting people would be like a call to war. Honestly I don't see it happening, but better be on guard, eh?