Moody’s Downgrades China

Resource shortage still inexorably closing in:

Beijing’s need to deliver on official growth targets is likely to make the economy increasingly reliant on stimulus, Moody’s said.

“While ongoing progress on reforms is likely to transform the economy and financial system over time, it is not likely to prevent a further material rise in economy-wide debt, and the consequent increase in contingent liabilities for the government,” it said.

While the downgrade is likely to modestly increase the cost of borrowing for the Chinese government and its state-owned enterprises (SOEs), it remains comfortably within the investment grade rating range…

“After being very much at the front and center of global risk sentiment at the beginning of last year, the Chinese slowdown story has been almost forgotten, with politics throughout Europe and the U.S. taking the limelight,” said David Cheetham, chief market analyst at brokerage XTB.

It is not fast, and the Apocalypse isn’t weeks or even months away yet. But nevertheless, there is the drip, drip, drip of news stories indicating we are slowly proceeding toward it. On top of that everybody is leveraging any future wealth they can find, as fast as they can, to try and hold off the collapse, at the obvious cost of making it even worse when it finally hits.

China is one of many weak points, and from the look of things it isn’t getting stronger. Sooner or later one of those weak points is going to break, and when it does it will take everything down with it, and we will enter real K-selection.

Add in Muslim migrants, heavily armed criminal gangs, a breakdown in the complex systems of food and resource distribution that our heavily over-populated cities are entirely dependent upon, the tendency of diverse communities to loot and burn everything to the ground the moment things are sub-optimal, and a shortage of governmental resources just as civil order begins to break down entirely, and it will be an Apocalypse to remember.

President Trump bought us vital breathing room to prepare, but even he can’t undo decades of corrupt establishment pilfering of our future to fuel their present r-selection.

ITZ still coming.

Spread r/K Theory, because ITZ all coming down