Bank of China- Peoples Savings Are ‘Investment Products’ and Can’t Be Withdrawn. China Rolls Tanks Out to Crush Protests

[Weatherman2020]

Tienimen 2 coming? Nothing like butchering 3,000 peaceful protesters.

Canada confiscating the life savings of everyone they don’t like without due process shows the US is a snap of the fingers from doing the same.

 

[ABikerSailor]

Tienimen 2 coming? Nothing like butchering 3,000 peaceful protesters.

Canada confiscating the life savings of everyone they don’t like without due process shows the US is a snap of the fingers from doing the same.

You first start asking about China, but then veer off to bitching about Canada. Which are you posting about, China or Canada? And, got a link that shows Canada is confiscating the life savings of everyone they don't like without due process? And what exactly makes you think the US will follow suit? Canada copies the US, not the other way around.

 

[Weatherman2020]

You first start asking about China, but then veer off to bitching about Canada. Which are you posting about, China or Canada? And, got a link that shows Canada is confiscating the life savings of everyone they don't like without due process? And what exactly makes you think the US will follow suit? Canada copies the US, not the other way around.

Don’t get pissy with me because ChiComs and Canadastan are two peas in a pod.

And I don’t seem to recall the US arresting people who never broke a law nor confiscating the life savings of everyone they don’t like without due process. Yet.

 

[BasicHumanUnit]

You first start asking about China, but then veer off to bitching about Canada. Which are you posting about, China or Canada? And, got a link that shows Canada is confiscating the life savings of everyone they don't like without due process? And what exactly makes you think the US will follow suit? Canada copies the US, not the other way around.

China / Canada they both start with "C" and are both leaning Communist under their current Maoist tyrants and oppressive dicks.

 

[ABikerSailor]

Don’t get pissy with me because ChiComs and Canadastan are two peas in a pod.

And I don’t seem to recall the US arresting people who never broke a law nor confiscating the life savings of everyone they don’t like without due process. Yet.

There are many cases where people have been released from prison after being in there for several years who were innocent here in the US. They never broke the law they were incarcerated for. And, got any links to back up your claim that Canada is confiscating the life savings of people they don't like without due process?

As far as the US following your supposed example of Canada, won't happen. Canada copies the US, not the other way around.

 

[Doc7505]

You first start asking about China, but then veer off to bitching about Canada. Which are you posting about, China or Canada? And, got a link that shows Canada is confiscating the life savings of everyone they don't like without due process? And what exactly makes you think the US will follow suit? Canada copies the US, not the other way around.

~~~~~~
Guess you don't appreciate the comparison of Canadians being subjected to CCP policies.
Meanwhile real time tanks are rolling in the streets of China because of banking, Will Justin Trudeau soon impose the same on Canadians?

Why are tanks rolling in the streets of China? - Recherche Vidéos

www.bing.com

​

 

[Natural Citizen]

Relevant reading...

Zerohedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

''The boycotts raise the risk of mortgage defaults, a new set of troubles for banks that are already squeezed by exposure to ailing property developers. Mortgages make up almost 20% of total bank loans outstanding, amounting to about 39 trillion yuan ($5.8 trillion)...

''...In a rather panicked note from Morgan Stanley economist Zhipeng Cai (available to pro subscribers), he addresses the topic of widespread mortgage nonpayment and writes that "we estimate 188mn sqm (1.7mn units) are at risk. We expect local governments will be urged to help completion, but a national bazooka solution remains difficult in near term..."

His warning: "Non-linearity is the key to watch."



Anyway. "Mortgage defaults" and "non-linearity" should bring pause to anyone who might think deeper into what's going on over there. Placed into perspective with the '08 crash, one of the drivers for that crash was the credit default derivatives. Meaning that morgage backed securities were bundled together with other securities of varying degrees of risk, then sold off as securities themselves. It's more complex than that, but not going into it on this board.

Long story short, all of those trillions in derivatives are still floating around, regardless of the fact that nobody talks about them any more, predictably. These outgross the gdp of the entire planet. Heh heh.

A connection could logically be made to what we're seeing in China now with the mortgage meltdowns with what hapened back then. Applicably speaking.

And that's not even getting into the relevance of the non-linearity spew, including what was mentioned about that ''massive firehouse of liquidity." Which just means currency injected into the system/inflation-deflation cycle.