China overtakes U.S. in national net worth to grab top spot
#1

https://asia.nikkei.com/Economy/China-ov...b-top-spot
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[+] 1 user Likes cityhantam's post
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#2

https://www.straitstimes.com/business/ec...sey-report
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#3

syonan 每次看到这样的新闻,玻璃心又粉碎了
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#4

(16-12-2021, 11:00 AM)kokee Wrote:  many is china people daily life, how poor they are for the mass, how deep they are in debt, their working & living condition in general.
there are many more of such hard truth video online, search yourself.

https://www.youtube.com/channel/UCHmYTOI...j7Q/videos

https://www.youtube.com/channel/UCHRrYHg...TAw/videos

https://www.youtube.com/c/%E5%A6%82%E5%A...%98/videos

https://www.youtube.com/channel/UCACTVVJ...fsw/videos

national net worth in term of property price? biggest joke, probablt most beggers in the world today.
S$10k can buy a 1200 sqft apartment with lift in china easily today, china property dive straight down now.
per li keqing, 300 millions china people jobless now, ton already abandon to pay housing loan, property auction by banks & company up almost 20000% recently.
in term of per capita income, spore & US easily 6-7x higher then china or higher.
in term of buying power 20-30x higher? all these commies clowns here real liars, spam BS non stop here everyday.


(21-12-2021, 10:37 AM)kokee Wrote:  china recent cut all govt dervant pay by around 30% thru'out whole china, pokai liao.
foreign reserved of china also almost zero & many said in huge negative asset now as debt is much higher than asset like evergrande.
time for china property bubble to burst as most already jobless, cant afford to pay housing loan, bank auction away property shoot up 20000% recently.
S$10k can buy a 1200 sft in many small town all over china with lift, norm these days according to web.
china developers 1 by 1 bankrupt, default their bond & debt, housing agent close down, millions lost their jobs.
with many foreign factory, investment & office pull out of china at faster speed now, global stock market likely to crash due to china slump economy.


中共外滙儲備、資不抵債?破產尚欠3萬億美元?



中共外滙儲備、資不抵債?破產尚欠3萬億美元?


房子白菜價了,電梯房5萬一套,三室二廳120平,依然無人問津



房子白菜價了,電梯房5萬一套,三室二廳120平,依然無人問津
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#5

https://youtu.be/VdukQXQLh34


Kokee for your eyes Rotfl Rotfl nudie
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#6

(22-12-2021, 10:46 AM)Fleetdestroyer Wrote:  https://youtu.be/VdukQXQLh34


Kokee for your eyes Rotfl Rotfl nudie

KOKee got COCK-EYES! Can't see the truth!  Tongue
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#7

U see. China can easily control the property bubbles. So many talking of Armageddon Laughing


Smile
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#8

I am highly doubtful of net worth estimates, especially from countries like US and China. The bulk of their wealth is in stocks and properties respectively and these two instruments are heavily influenced by their respective government policies.
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#9

(22-12-2021, 11:25 AM)maxsanic Wrote:  I am highly doubtful of net worth estimates, especially from countries like US and China. The bulk of their wealth is in stocks and properties respectively and these two instruments are heavily influenced by their respective government policies.

I think in Sg, the proportion of wealth in properties is much higher!  Big Grin
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#10

(22-12-2021, 11:43 AM)cityhantam Wrote:  I think in Sg, the proportion of wealth in properties is much higher!  Big Grin

Haha yeah, but I think generally our price is not as sensitive to government policies as theirs.
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