Message from @pratel
Discord ID: 496265989206310932
Italy could be a spark, but if it stays in Italy, it would be relatively confined.
Canaries in the coal mines everywhere: https://www.zerohedge.com/news/2018-09-30/chinas-bond-market-cracks-2018-will-be-record-year-onshore-bond-defaults
The problem with China is that they might already be collapsing and no one would know.
Because the party constrains information so hevavily.
LOL, yes ... who can believe what they say.
They can't control the economy like they think they can.
Yes, in the end the market will win.
But they can kill news of collapses from the masses while the guys at the top quietly leave.
They killed the stock market once when it looked like things were collapsing.
They have a huge housing bubble right now.
But the Fed and other central banks are quite clever ... they have extended this current expansion longer than I thought.
Yeah, we're overdue.
Honestly, this recovery is where we should have been in 2010.
Trump and capitalism will get the blame.
Pretty much.
Ushering in the socialist ... only to tank it further.
Yep.
Yippes!
Mostly the socialist is going to just seize control of everything.
I fear we have a Chinese future.
And now Britian is monitoring all communications on the internet for "child porn"
Not sure. My model for the future is a regional patchwork of fifdoms.
The irony, is that the socialist will only cement income inequality.
People in the US criticize how lawmakers get stupid rich.
But it's nothing on the Chinese CCP
Yes we will all be equal ... equally poor.
also its nothing on Venesuela
No, the guys at the top of the party always win.
Bernie Sanders is Rich. Even though he does a god job hiding it.
pratel, for sure.
In China, the party suppresses and kind of "rumors" about the wealth of the top members of the CCP.
Really meaning they hide how much more they make.
And then they go slip it offshores.
Yes, I read somewhere that they have like 80 billionaires in the central committee.
Sounds right.
Though I heard it was even more centralized than that.
They are staying one step ahead of the pitchforks.
I could live in fiefdoms though. Atleast one ought to be free and democratic.
A Chinese future though...
Yes, you really need to go local and carve out a space for yourself.