CHINOBLE! Evergrande Reality Exposes China Fiction!

Politics / Nuclear Power Nov 18, 2021 - 05:28 PM GMT

The latest cunning plan out of the China Clown Party (CCP) was to ORDER Evergrande to NOT default on it's bonds, finish the properties yet to be completed for customers, and make good on all those who invested in their wealth management programmes! Problem Solved! Just order the dying company to basically NOT Die. The Fed had the 2008 bailout all wrong, they should have just ordered the banks not to go Bust! It looks like Xi Ping has been drinking too much of his I am an immortal genius cool aid!

This speaks volumes about the lack of competency at the heart of the Chinese government (CCP). I strongly suspect a day of reckoning is fast approaching for China with it's ghost cities, crumbling infrastructure, collapsing bridges and buildings and dams that's are prone to bursting that are not even 30 years old!

China is literally built on a house of cards, poor construction, corruption and bribes, short cuts, rules routinely broken which means China is literally heading for a CHINOBLE moment!

CHINOBLE!

How many nuclear power plants down China have? 50.

How Many power plants are under construction? 13

There are strong indications that there have already been several major events at Chinese nuclear power plants that have been covered up by the CCP that does not want to hear or be passed bad news up the food chain to Chairman Xi Ping, so ignores bad news only fragments of which leak out into the West as the default response to nuclear events is to cover it up, just as they did for that minor event at one of their Wuhan bio labs, leak? what leak? Never happened, forget about it, it will all soon blow over.

COUNTING DOWN TO CHINOBLE!

As was the case with the Soviet Union all of the pieces are in place for CHINOBLE! It's going to happen, probably a lot sooner than later. Of course I cannot predict when but Evergrande is awake up call that reveals that Chinese built infrastructure is NOT ROBUST! It has a huge crack running up it's walls that are thinly papered over with CCP slogans!

CHINBOLE is coming !

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Nadeem Walayat has over 35 years experience of trading derivatives, portfolio management and analysing the financial markets, including one of few who both anticipated and Beat the 1987 Crash. Nadeem's forward looking analysis focuses on UK inflation, economy, interest rates and housing market. He is the author of five ebook's in the The Inflation Mega-Trend and Stocks Stealth Bull Market series that can be downloaded for Free.

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