genefriend

3 ms·

1. 1.▲
   by genefriend 8y ago

   What a dystopia China is.....you can't say winnie the pooh. when you send a text message or post to wechat about winnie the pooh, it gets censored immediately. You have a deranged social credit score that prevents you from buying a ho
2. 2.▲
   by genefriend 8y ago

   California budget deficit: $1.6 billion California GDP: $2.7 trillion I think California will be fine.
3. 3.▲
   by genefriend 8y ago

   1.) dollar is reserve currency. Yuan is not. Yuan is barely convertible 2.) US has large debt but way larger assets. 40% of the worlds wealth in fact 3.) US gdp to debt is only around 100%
4. 4.▲
   by genefriend 8y ago

   “China's total debt surpassed 304 percent of GDP as of May 2017," the IIF noted.” https://www.google.com/amp/s/www.cnbc.com/amp/2017/06/28/chi... “the rate of growth is strong, r
5. 5.▲
   by genefriend 8y ago

   Chinese dictatorship is panicking; it’s economy is en route to a crash, sped up by tariffs and trade restrictions coming from US and Europe. It will be interesting if their people wake up to their dystopia filled with pollution, random hous
6. 6.▲
   by genefriend 8y ago

   China’s growth fueled by massive debt is over(350% to gdp, government + corporate + individuals). it’s barely returning one yuan for every yuan debt it takes on. The Chinese consumer is weighed down by housing debt and credit card debt. An