08/25/2023 Roy on Outside the Beltway: The US has 7 trillion investment in China right now, covering over 700 listed companies. 99% of the money came from Wall Street and the elites who’ve been helping CCP to grow its economy. CCP’s real estate sector is collapsing, and the value of the property market in China is 8 to 10 times its GDP, so imagine how big the bubble is. Those people in Wall Street and the CCP kleptocrats don’t create any value. And the money belongs to Chinese people and American people are gonna be gone.
