“Any headline that ends in a question mark can be answered by the word no.”

https://en.wikipedia.org/wiki/Betteridge’s_law_of_headlines

3rd paragraph:

While the mood is gloomy, experts agree that the bursting of a '08 Lehman Brothers-style speculative bubble is unlikely.

Lucy-football-dotjpeg

Ahh yes, China is going to collapse with its measly 5.2% growth despite global economic malaise.

Xi is shitting his pants right now

China bet hard on developing countries because the developed world isn’t growing at a rate that can keep up with China’s economic growth targets. In fact, we’re very quickly running towards the crossover point for Chinese trade dependence on the West vs. on the rest of the world.

Also, a big chunk of Chinese exports to the West is in computers and consumer electronics… Markets which have seen a huge slowdown due to commoditization and aggressive political lobbying from the US.

China’s economic crisis has the world in a panic? Well, at least they’re diversifying their export portfolio by shipping out anxiety and uncertainty in bulk!

No, but the country is going to go through a lot of economic pain.

it’s the year of the linux desktop chinese collapse

No, but it’s going to take a pretty good ding to eat that Evergrande turd.

Thanks for digging up the important line. So annoying to have sensationalist headlines like this that bury the lede and completely disprove their own thesis several paragraphs down, but I mean as long as it gets that initial click…

Capitalism is China’s economy. They’ll collapse together when they do

I’ve already converted all my fiat currency to various crypto including a modest sizing of Monero so I can anonymously transfer my money when China takes over our financial systems

I implore everybody else to do the same. The writing has been on the walls for decades