Results 1 to 8 of 8

Thread: Evergrande is imploding, is this the big one? The final Ponzi scheme collapse?

  1. #1
    Militant Wing of the Salvation Army midnight rambler's Avatar
    Join Date
    Sep 2010
    Posts
    24,441
    Thanks
    27,764
    Thanked 12,855 Times in 7,912 Posts

    Evergrande is imploding, is this the big one? The final Ponzi scheme collapse?

    One of the latest things I've heard about Evergrande is that they're going to try to placate some creditors by turning over some properties being developed to the creditors upon completion of those properties, a sure sign of a huge problem.
    "A man is to be held accountable for the thoughts he chooses to entertain." --Richard Alan Miller

    "If both the past and the external world exist only in the mind, and if the mind itself is controllable-what then?" --George Orwell

    "It's not a matter of what is true (reality) that counts but a matter of what is perceived to be true (reality)." --Henry Kissinger

  2. #2
    Militant Wing of the Salvation Army midnight rambler's Avatar
    Join Date
    Sep 2010
    Posts
    24,441
    Thanks
    27,764
    Thanked 12,855 Times in 7,912 Posts

    Re: Evergrande is imploding, is this the big one? The final Ponzi scheme collapse?

    "A man is to be held accountable for the thoughts he chooses to entertain." --Richard Alan Miller

    "If both the past and the external world exist only in the mind, and if the mind itself is controllable-what then?" --George Orwell

    "It's not a matter of what is true (reality) that counts but a matter of what is perceived to be true (reality)." --Henry Kissinger

  3. #3
    Unobtanium osoab's Avatar
    Join Date
    Apr 2010
    Posts
    17,236
    Thanks
    4,295
    Thanked 4,647 Times in 3,216 Posts

    Re: Evergrande is imploding, is this the big one? The final Ponzi scheme collapse?

    Reading some things on this entity. They make Lehman look like angels.
    “Democracy is also a form of worship. It is the worship of Jackals by Jackasses. It is the theory that the common people know what they want, and deserve to get it good and hard.”
    H.L. Mencken

    "The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary."
    H. L. Mencken

  4. The Following User Says Thank You to osoab For This Useful Post:

    midnight rambler (20th September 2021)

  5. #4
    Militant Wing of the Salvation Army midnight rambler's Avatar
    Join Date
    Sep 2010
    Posts
    24,441
    Thanks
    27,764
    Thanked 12,855 Times in 7,912 Posts

    Re: Evergrande is imploding, is this the big one? The final Ponzi scheme collapse?

    "A man is to be held accountable for the thoughts he chooses to entertain." --Richard Alan Miller

    "If both the past and the external world exist only in the mind, and if the mind itself is controllable-what then?" --George Orwell

    "It's not a matter of what is true (reality) that counts but a matter of what is perceived to be true (reality)." --Henry Kissinger

  6. #5
    Militant Wing of the Salvation Army midnight rambler's Avatar
    Join Date
    Sep 2010
    Posts
    24,441
    Thanks
    27,764
    Thanked 12,855 Times in 7,912 Posts

    Re: Evergrande is imploding, is this the big one? The final Ponzi scheme collapse?

    It would appear Evergrande is done.

    https://www.wsj.com/articles/china-m...se-11632391852
    "A man is to be held accountable for the thoughts he chooses to entertain." --Richard Alan Miller

    "If both the past and the external world exist only in the mind, and if the mind itself is controllable-what then?" --George Orwell

    "It's not a matter of what is true (reality) that counts but a matter of what is perceived to be true (reality)." --Henry Kissinger

  7. #6
    Gold ImaCannin's Avatar
    Join Date
    Jul 2012
    Posts
    727
    Thanks
    387
    Thanked 839 Times in 394 Posts

    Re: Evergrande is imploding, is this the big one? The final Ponzi scheme collapse?

    New info on Evergrande and rest of the world. It don’t lQQk good! 12:30


    To control the opposition, one must start the opposition. Joseph Stalin
    My sheep hear My voice, and I know them, and they follow Me."
    My people have perished for lack of knowledge. Because you have rejected knowledge, I reject you from being priest for Me. Since you have forgotten the Torah of your Elohim, I also forget your children.

  8. The Following User Says Thank You to ImaCannin For This Useful Post:

    midnight rambler (11th October 2021)

  9. #7
    Militant Wing of the Salvation Army midnight rambler's Avatar
    Join Date
    Sep 2010
    Posts
    24,441
    Thanks
    27,764
    Thanked 12,855 Times in 7,912 Posts

    Re: Evergrande is imploding, is this the big one? The final Ponzi scheme collapse?

    Bankruptcy proceedings have begun in Germany -

    https://www.rt.com/op-ed/539985-ever...ny-china-debt/
    "A man is to be held accountable for the thoughts he chooses to entertain." --Richard Alan Miller

    "If both the past and the external world exist only in the mind, and if the mind itself is controllable-what then?" --George Orwell

    "It's not a matter of what is true (reality) that counts but a matter of what is perceived to be true (reality)." --Henry Kissinger

  10. #8
    Iridium Spectrism's Avatar
    Join Date
    Apr 2010
    Posts
    7,821
    Thanks
    587
    Thanked 2,297 Times in 1,398 Posts

    Re: Evergrande is imploding, is this the big one? The final Ponzi scheme collapse?

    When the economies are taken down (on schedule) they will be a good excuse for war. I have been watching the pumping of the financial system for many years and we are close to a pop. They pushed off the 2008 crash until maybe 2022. May even be sooner. The increase of delusion is another indicator to me that we are getting ever close to some big events.
    SPECTRISM time countdown2025

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •