If Hong Kong collapses how fucked are we on a scale of 1-10?I don't know enough about economics to really understand how important it is on a technical level but it seems to me that it is a very important market internationally. I could not imagine a s

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File: 72a3cead2b142ce⋯.jpg (55.07 KB, 624x351, 16:9, _107351054_mediaitem107351….jpg)

Doomer 07/05/19 (Fri) 06:45:40 No.24609

If Hong Kong collapses how fucked are we on a scale of 1-10?

I don't know enough about economics to really understand how important it is on a technical level but it seems to me that it is a very important market internationally. I could not imagine a scenario where we are not effected. Even though it's just a city, I'm reading that it is one of the largest trading entities in the world. Of course if China goes nuts and tries to enforce their will on it, then that could present a real conflict of interest since the area has basically existed as a hybrid culture Western proxy and trading partner. Even though the Brits gave it up more than two decades ago, it's not really something they want to let go of.

Doomer 07/05/19 (Fri) 07:35:20 No.24611

>>24609

Hongkong is mainly important because it allows westerners sorta-kinda access to the chinese stock market and western companies to sorta-kinda have a subsidiary in China while sorta-kinda not having to follow the mainlands retarded commie "law".

In short, if they go independent, they become much, much less relevant. If China goes full-on Prague spring on their asses, they'll also become much less relevant.

It's already fucked since at this point I doubt anyone would just go home and forget about this and the other solutions end in fuckery.

China's economy is probably going to collapse, which will take a lot of the western companies with ties to them with them. Then western economies collapse. Then WWIII starts since there's now multiple degenerate superpowers around that could revive themselves by cannibalizing the other.

Fun.

Doomer 07/05/19 (Fri) 07:45:28 No.24613

>>24611

Basically this. On the one hand it's a global system of mostly autonomous capital where one rogue city won't be a big deal for you or me. The city steps out of the flows of capital and dries up. The flows simply move elsewhere and find a new course. On the other hand, nation-states and various alliances between them do matter because they are big/powerful enough to alter the flows (i.e. sanctions, resource wars, trade wars).

Doomer 07/05/19 (Fri) 11:43:04 No.24634

>>24611

>which will take a lot of the western companies with ties to them with them.

>those publisherfags trying to suckle on that Tencent teat will take a blow

Get rekt faggots.

>Then western economies collapse. Then WWIII starts

This seems too dramatic, and if I've learned something from the constant ITS HAPPENING fags it's that the happening is never as big as they say.

Doomer 07/05/19 (Fri) 12:01:33 No.24635

>>24634

>ITS HAPPENING fags it's that the happening is never as big as they say.

ITS HAPPENING fags are mostly /x/ fags who over dramatize everything

do not trust 'ITS HAPPENING'/'COLLAPSE!!!' (or any other threads in that fashion) threads

Doomer 07/05/19 (Fri) 12:17:12 No.24638

File: 8c9d6ac324a70b3⋯.webm (3.72 MB, 1280x720, 16:9, reviewbrahOnSociety.webm)

>>24611

Realistically speaking, it would simply be a much needed price correction. All the high tech shit pervading everyday life (homeless people with smartphones etc.) would simply become inaccessible to the lower classes. It would be fantastic for the environment too. I don't necessarily see it going WWIII, but I think a massive economic restructuring would take place and we really need that. Essentially, so much of the stock market would become worthless that it has the potential to really upset the financial powers that be. We then either get a massive QE4 government bailout and the rich get richer, or a much needed restructuring of "society" as we know it.

Doomer 07/05/19 (Fri) 21:02:38 No.24663

>>24609

>If Hong Kong collapses how fucked are we on a scale of 1-10?

Probably not that much fucked. HKG started out to be a manufacturing hub in the 50s. In the 70s, the texile industries of Yurop moved there. Then in the 80s they found out it is much better to let the commies do this dirty work and banking is better profits for less work. So they moved all factories north to Samjan Shenzhen to you Peking lovers. Then they evolved to become a trading and banking hub and black money stuff.

Today HKG is basically a valve for Chinese capital that wants to go out of China and be invested in the "real wolrd" AKA North America, Yurop, Nippon or money laundering. Companies like to set up filials in HKG instead of mainland china because HKG still has the Brittish common law and they are less corrupt than mainland china bureaucrats.

The problem is not that the valve is getting destroyed. Chicoms could set up a new one in Oumun Macao in a few years. The problem is that now with sanctions against China coming soon, Chinese investment in the west will start to shrink. Which means our own ponzi economics of speculation and selling overpriced Vancouver, Seattle and Melbourne homes to Chinese guys and selling overpriced companies to chinese investment firms will come to an end and all that imaginary wealth in the west will pop like a bubble.

>>24611

I love where this is going but sadly, like Tel Aviv-san said, the happening will not happen

Doomer 07/07/19 (Sun) 15:42:49 No.24718

On one hand I'm disappointed that THE HAPPENING won't happen because it would be an escape to my existential suffering and a crushing blow to this world that I hate so much. On the other hand it's just way too predictable and easy to say we are all going to die in WWIII or some shit. If and when a true HAPPENING comes I will probably be in my 80s and by then I won't give a shit.