Saturday, September 18, 2021

Sailing On A Ship Of Fools! Chinese Real Estate Debacle? Cracks Me Up.









I would happily pay more taxes if I got something worthwhile in return but why should I spend more money, that I worked for, to screw myself and free others of their obligations.  This is not the way to maintain a united nation nor is it the way to inculcate correct values in citizens. It is the way to raise a nations resting on the foundation of dependent leeches.

Furthermore, it is the way Democrats buy votes with the labor and sweat of others.  It is sickening and why, if I am sober and rational, would I indulge in such self-destruction?

Yet, that is what millions are being made to do and we go blithely along digging our own nation's grave.

This is why , even if we vote the rascals out , it is too late. POGO knew better when he said "The Enemy Is Us." We have lost control of the reigns of our own government that the "founders" structured so it would serve us.  Why did this happen? Because we lost sight of the treasure we were given and thought we could improve on it by listening to radicals, discontented fools, hypocrites, self-serving political frauds selling myths  and  star dust.   

It truly angers me because I have been sailing on a "Ship of Fools."
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Many months ago I read a book  by Robert Sterling entitled "Stealth War." The author spoke about how American investment institutions, pension funds etc, were investing in Chinese Real estate and entire cities that, at the time, were empty. The author further stated eventually The CCP planned to allow these real estate ventures to bankrupt and the outside investors would lose their shirts. Then the CCP would recapitalize and Chinese workers would be able to purchase and/or rent places to live at affordable rates because the initial investors would be wiped out.

Perhaps this has begun as the current Chinese real estate market is beginning to show signs of coming unglued.  One of the largest  Chinese real estate developers is tottering and has, for the moment, suspended operations.

Meanwhile, Blackrock, which is one of the largest investment pools in the world, is buying up houses and then converting them into rentals here and trying the same thing in China.  The head of Blackrock has been close to Xi and funded many ventures in China.

In the article SOROS recently wrote, and which I published, is the Soros pot calling the Blackrock kettle black.?When has Soros cared a fig about America's survival unless it allowed him to make money off his skullduggery?

Group George Soros Criticized Just Raked In $1 Billion From China


 
(RoyalPatriot.com )- In April 2021, the Wall Street Journal warned Americans that major investment firms were buying up single-family homes throughout the country at above-market prices. Chief among those firms gobbling up US real estate was BlackRock, the world’s largest asset manager.

According to the Wall Street Journal, BlackRock has been purchasing entire neighborhoods and converting these single family homes into rental properties – ultimately squeezing out home buyers by limiting the available housing supply.

In June, Tucker Carlson discussed the scheme on his show.


Watch HERE.

And while BlackRock is damaging the US housing market and setting up another potential housing bubble, it is also busy profiting off of Chinese investors.

Last week it was reported that BlackRock has brought in about one billion dollars from Chinese investors.

Oddly enough, the news of BlackRock’s profitable relationship with China came just one day after billionaire George Soros wrote an op-ed criticizing the firm’s decision to deal with China.

In his op-ed Soros argued that this kind of deal would not only lose money for BlackRock’s clients, but it would also cause damage to the national security of not only the United States but other democratic countries as well.

In a statement boasting of this windfall, BlackRock’s head of Asia-Pacific, Rachel Lord, expressed pride at “achieving this milestone for our China fund management business.”

In August BlackRock began offering investment products and mutual funds to Chinese investors thereby becoming the first foreign-run financial company allowed to operate this way in mainland China. BlackRock’s research arm recently encouraged investors to triple their exposure to Chinese assets.

For George Soros, this move reveals that BlackRock doesn’t understand how China’s economy operates. In his op-ed, Soros urged Congress to take action to prevent the very Chinese business dealings BlackRock is undertaking.

Soros called on Congress to pass legislation “empowering the Securities and Exchange Commission to limit the flow of funds to China.” Citing the current “life and death conflict” between the US and China, and democracy and repression, Soros believes Congress doing so would “enjoy bipartisan support.”
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If Republicans had guts they would move to impeach for this offense and failure:


IG Blasts Biden’s Handling of Border Crisis as Surge Overwhelms Del Rio

By Joseph Simonson

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Sort of cracks you up?



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