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Author Topic: What happens if China economy fails?  (Read 1259 times)
Interized (OP)
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January 07, 2014, 06:46:06 AM
 #1

Would it:

A: Cause Bitcoin prices to skyrocket

B: Cause China Bitcoiners to deplete resources via Bitcoin (since China currency now useless) driving Bitcoin DOWNWORD.

It seems like, anyone who invests in Bitcoin and lives in an economy that fails would benefit since the global market of Bitcoiners would absorb the failed economy..

Can you say emergency offshore server to send your BTC to?

lol

The banking system REBORN through Bitcoin!

Gold isn't the answer.
HairyMaclairy
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January 07, 2014, 07:04:12 AM
 #2

If the Chinese economy fails the Chinese communist party would go down with it (and they know it). Anything could happen. 
jonanon
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January 07, 2014, 07:13:28 AM
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There are loads of economies that have more chance of failing than China - it is not likely going to happen so not worth speculating on.....
Interized (OP)
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January 07, 2014, 09:27:47 AM
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There are loads of economies that have more chance of failing than China - it is not likely going to happen so not worth speculating on.....

Google Trends shows more and more Japanese searching the words "Heart" and "Hurt".

http://www.wnd.com/2014/01/fukushima-releases-mysterious-steam-plume/

People keep talking about how Fukushima is effecting the GLOBAL economy with radiation, think about what that means for the future of China and any other countries around Japan.


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QuestionAuthority
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January 07, 2014, 09:36:20 AM
 #5

America fails with it since China owns half of America.

Interized (OP)
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January 07, 2014, 09:59:54 AM
 #6

America fails with it since China owns half of America.

China owns a good portion of Government/Banks.

Do Government/Banks own us?

According to your birth certificate, yes.

Gold isn't the answer.
Bitcoinpro
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January 07, 2014, 10:05:25 AM
 #7

China gets a Haircut to the tune of 3 Trillion US dollars, and Bitcoin takes over as the world reserve Currency.

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empoweoqwj
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January 07, 2014, 01:53:43 PM
 #8

Would it:

A: Cause Bitcoin prices to skyrocket

B: Cause China Bitcoiners to deplete resources via Bitcoin (since China currency now useless) driving Bitcoin DOWNWORD.

It seems like, anyone who invests in Bitcoin and lives in an economy that fails would benefit since the global market of Bitcoiners would absorb the failed economy..

Can you say emergency offshore server to send your BTC to?

lol

The banking system REBORN through Bitcoin!

The Chinese economy is booming. Much more chance of US or Europe going down .......
QuestionAuthority
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January 07, 2014, 04:28:09 PM
 #9

America fails with it since China owns half of America.

China owns a good portion of Government/Banks.

Do Government/Banks own us?

According to your birth certificate, yes.

China owns a good portion of US land. Three of my commercial rentals in three different states have had Chinese ownership.

anu
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January 07, 2014, 04:51:58 PM
 #10


The Chinese economy is booming. Much more chance of US or Europe going down .......

Their real estate bubble is ready to pop. The shock wave of that may be enough to make the world wide bond bubble pop. That will be a show when billions of people are suddenly headed for only a few exits, labelled "real estate", "commodities", "Bitcoin".

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empoweoqwj
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January 08, 2014, 03:13:06 AM
 #11


The Chinese economy is booming. Much more chance of US or Europe going down .......

Their real estate bubble is ready to pop. The shock wave of that may be enough to make the world wide bond bubble pop. That will be a show when billions of people are suddenly headed for only a few exits, labelled "real estate", "commodities", "Bitcoin".

Real estate bubble bursts leads to .... "real estate" exit? Smiley Or are you saying that is taken off the table and we are left with just commodities and bitcoins? Smiley
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