With all these covid defaults and foreclosures coming up soon and me living in Chinese foreign investment central, a thought came to mind...put this
under general conspiracies because this is mostly conjecture but...
Around 2014 I worked for this small company owned by a Honduran guy. While I worked for him, his commercial bank account with
was terminated because his business was too small, despite them offering the vest small business
accounts prior to that.
HSBC is a British/Chinese bank that's somewhat notorious for their role in various
, gang activity and money laundering through chinese gangs and foreign
Anyway, fast forward a couple years later, I'm walking past this brand new giant highrise being built, the developer has HSBC listed as a financier on
their signage, there's a line of Chinese people 2 blocks long who told me they'd been flown out there by the developers to buy property.
These suites from what I could tell sat empty, with not even any renters for the 5 years or so I lived in the neighbourhood. Like the building was 50%
Coming up now modern covid days, there's a huge wave of mortgage defaults coming. There's a huge amount of properties about to default with mortgages
and financing by foreign investors with funding from a chinese bank.
A chinese bank that will end up owning and controlling said properties after the massive waves of defaults.
Chinese banks might as well == Chinese government.
Now... here's something for you to think about, especially those in coastal areas...
How many chinese foreign investment properties in your city are about to default to a chinese government run bank?
Leaving the Chinese government in defacto.control over vast swathes of real estate in North America, Europe, Australia....
edit on 25/8/2021 by
dug88 because: (no reason given)