Breaking: China moves to discuss bailout of Greece from IMF

China moves to discuss bailout of Greece, Spain, Italy from IMF and EU hitmen

Will it be a game changer?

a reply to: oilNGO

Source please?

originally posted by: oilNGO
China moves to discuss bailout of Greece, Spain, Italy from IMF and EU hitmen

Will it be a game changer?

I spilled my peanut butter shaking in nervous anticipation of what was going on…

No mess from the peanut butter and no content to your post.

All is fine.

originally posted by: oilNGO
China moves to discuss bailout of Greece, Spain, Italy from IMF and EU hitmen

Will it be a game changer?

Sure, once the Chinese get out from under their self-created, tremendous margin call that is pummeling their stock market and worth.

I found this, however is from google cache since I can't manage to find the article on businessinsider (tin foil hat on). Surprisingly it is from 2010 and might explain a lot of things.

However OP, what's the source that brought you to post?

a reply to: oilNGO
Let's hope so.
Better China than Russia, from a European perspective.

It was on tv news

www.google.com...

a reply to: oilNGO

A link to a google search is not a source, try linking an actual source in the future if you want solid participation and conversation in your thread.

originally posted by: oilNGO
China moves to discuss bailout of Greece, Spain, Italy from IMF and EU hitmen

Will it be a game changer?

Scary.

Maybe it will change the game and the rules.

If true it is a drop in the ocean compared to the amount of US debt they have bought...

originally posted by: oilNGO
China moves to discuss bailout of Greece, Spain, Italy from IMF and EU hitmen

Will it be a game changer?

Chinese stock markets have bled a little over 3.2 trillion recently. I am not really sure why they are venturing into this arena, assuming you can provide us a source with the info you are talking about.

I see you joined on July 9th 2015 so welcome to the site.

originally posted by: Xcathdra

Chinese stock markets have bled a little over 3.2 trillion recently. I am not really sure why they are venturing into this arena,

Standard Operating Procedure. It's an investment. It's like a bank making a loan they know the borrower will not be able to pay back. Eventually, they get the collateral, plus any payments made towards the loan, and a lot of leverage against the borrower.

Like you said, 3 trillion in monopoly money just disappeared. For a fraction of that, they could wind up owning a few islands in the Mediterranean.

originally posted by: AugustusMasonicus

originally posted by: oilNGO
China moves to discuss bailout of Greece, Spain, Italy from IMF and EU hitmen

Will it be a game changer?

Sure, once the Chinese get out from under their self-created, tremendous margin call that is pummeling their stock market and worth.

I think a lot of people misunderstand China's economy. It's not build on or as dependent on financial markets like the USA. China also has a crap load of money saved up. They're not in debt like the USA. China will also have no issue with prolonged market intervention unlike the USA. So long as they retain manufacturing China will be fine but they're talking about reforming their economy to be more of a consumer/service economy. Much like western nations. If or when they attempt that switch is when the real problems will arise. Manufacturing will go to the surrounding "developing" nations in East Asia and they'll lose their bread/butter.

originally posted by: JeanPaul
It's not build on or as dependent on financial markets like the USA. China also has a crap load of money saved up.

And which a huge portion just evaporated in the lastest round of margin calls.

They're not in debt like the USA.

Where are you getting your information?

China's Debt-to-GDP Ratio Just Climbed to a Record High; China's debt is still growing faster than its economy.

So long as they retain manufacturing China will be fine but they're talking about reforming their economy to be more of a consumer/service economy.

They are already losing manufacturing to outher Southeast Asian countires, India and parts of Africa.

originally posted by: AugustusMasonicus
Sure, once the Chinese get out from under their self-created, tremendous margin call that is pummeling their stock market and worth.

It all depends on how China reacts, of course.

First, do you think a few traders on the NYSE managed to have all the factories in China dissapear and become worthless over night? Hardly ... it's a fictional attack on the Chinese economy, which you can read all over the western propaganda media.

However, China is in real danger. It all depends on how they react to this attack. If they ignore it, they're dead ... if they obey the western bankers, they're dead.

The question is, do the Chinese have the courage to do what needs to be done?

originally posted by: bjarneorn
First, do you think a few traders on the NYSE managed to have all the factories in China dissapear and become worthless over night? Hardly ... it's a fictional attack on the Chinese economy, which you can read all over the western propaganda media.

What does the New York Stock Exchange have to do with this?

The China margin crisis was brought about by the government encouraging everyone from business owners to the average citizen to buy on margin. When the calls came in due to correction, the correction turns even further south, that is why trillions were just lost in their market. It had minimal impact here since foreign investor are not heavily leveraged with Chinese debt.

China has enough dept problems of its own China's Debt Problem I do not see them taking on more from a nation that has reputation for defaulting.

China has all those US bonds. Maybe they could dump those?

Then again, who would buy the US bonds... Not even Soros wants them

originally posted by: oilNGO
China has all those US bonds. Maybe they could dump those?

Then again, who would buy the US bonds... Not even Soros wants them

They could but it's not enough to attack the US economy with. The US still holds the largest share of its own debt. Attacking us with reserves of our own money will get them nothing.

The State of China has partnerships in many businesses of China, and businesses in other countries. Its capacity to waterfall funds into other businesses are very different to US public companies

originally posted by: JeanPaul

originally posted by: AugustusMasonicus

originally posted by: oilNGO
China moves to discuss bailout of Greece, Spain, Italy from IMF and EU hitmen

Will it be a game changer?

Sure, once the Chinese get out from under their self-created, tremendous margin call that is pummeling their stock market and worth.

I think a lot of people misunderstand China's economy. It's not build on or as dependent on financial markets like the USA. China also has a crap load of money saved up. They're not in debt like the USA. China will also have no issue with prolonged market intervention unlike the USA. So long as they retain manufacturing China will be fine but they're talking about reforming their economy to be more of a consumer/service economy. Much like western nations. If or when they attempt that switch is when the real problems will arise. Manufacturing will go to the surrounding "developing" nations in East Asia and they'll lose their bread/butter.