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OT: World Politics

MindzEye said:
imo this is in response to a bunch of crumbling economic and social indicators inside China. This is the lever Xi is pulling before they go full repression, which in a country with that many people comes with a fuckton of obvious risks.
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But Xi stuck the landing when dismounted from the rings, hit six holes in one and won gold in equestrian without a horse.
 
lecoqsportif said:
But Xi stuck the landing when dismounted from the rings, hit six holes in one and won gold in equestrian without a horse.
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Not even sure if that is as ridiculous as the premise of Xi Thought is. It's probably more likely to win equestrian sans horse than it is for one dude to be right about literally everything to do with state and nation.
 
lecoqsportif said:
I guess they’ll have to jack up the coupon rate. A lot. 😏
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It's not enough. It's already 18%, but they were pushing....variable...fucking variable bonds until about 4-6 weeks ago and since putting a stop to those, can't raise money.

They can't sell 18% fixed debt. Let that shit sink in for a second.
 
MindzEye said:
It's not enough. It's already 18%, but they were pushing....variable...fucking variable bonds until about 4-6 weeks ago and since putting a stop to those, can't raise money.

They can't sell 18% fixed debt. Let that shit sink in for a second.
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The currency risk is what's stopping people from investing in these bonds. They'd have to index payments to other, more stable. currencies.
 
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