Originally Posted by
ORAC
Yup. Xi's window of distraction just slammed shut, the last thing he needs now is the rest of the economy to collapse as a follow on to NeverGrande, which won't be #2's for a while until the next hundred odd bubble property developers collapse past their position in the drain. China needs foreign exports to maintain a stable social order, their nouveau riche middle class are in the process of being wiped out on their property investments. It will hit a lot of SEA and other regions of the world too, but the enormity of the irrational bubble development in China surpasses our previous exuberant excesses.
buckle up, they are in for a bumpy ride, the only obvious winners are... Taiwan, Mr Xi's is busy right now, he will get right back to harassing the SCS nations just as soon as he puts out the fire that 40 years of lunacy has torched.