Chinese mega-developer Evergrande group is making waves as it defaults on payments and shares drop by 90 percent. The company, which is embedded across the country’s financial system, may force developers to take over some of the projects to ensure that homes are delivered to their buyers.

If this continues, an economic global collapse will ensue.

According to Jimmy Chang, chief investment officer at the Rockefeller Global Family Office, the company has $300 billion in outstanding debt, If it is not resolved, it will end up needing some deep-pocketed state-owned enterprises to take over.

Stumbling economic power

If China’s economy continues to stumble, it is expected to take down the global economy with it, This is why President Xi Jinping must strike the delicate balance between eliminating China’s debt and maintaining consumer confidence: One wrong move and the country could find itself in both economic and political chaos.

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China’s economy has been described by the World Bank as “high growth based on resource-intensive manufacturing, exports, and low-paid labor.” It has largely reached its limits and has led to economic, social and environmental imbalances as well.

Since spring, Beijing has canceled initial public offerings, fined tech companies for antitrust violations, forcibly shut down the for-profit education industry and sent CEOs running out of the country to avoid the government. However, megadeveloper Evergrande started missing payments on its over $300 million debt, shaking global markets.

These convulsions have since woken the world to one grave possibility: Beijing may be willing to allow some of its biggest companies to collapse in a bid to reshape the model that made them a superpower.

The upheaval is expected to span multiple industries and vast swaths of the country, resulting in one big issue: China has no ability to borrow or buy its way out of its current crisis. For decades, it relied on cheap labor and large amounts of debt handed out by government-owned banks to fuel its economic growth.

While it poured money into developments, factories, bridges and other projects, it does not have the actual money people needed to actually use and pay for everything that’s been built. Most of China’s population does not have the income to shift the economy from one driven by state investments to one that is sustained by consumer spending.

Because of this, China is now stuck in a system that is overbuilt and overindebted. It has a $52 trillion property market that is overly inflated: with money that is easy to borrow, real-estate speculation became a way to store and build wealth for its young middle class.

However, with the country forced to deflate the real-estate bubble without bursting it, China has been forced to prepare for a period of slower growth. To make matters worse, it is now facing an energy crisis fueled by soaring coal prices and a population that is getting old with no resources to rely on.

China closing its economy?

Beijing made the dubious choice of closing the economy instead of keeping it open to continue its growth. Under President Xi Jinping, Chinese socialism is reverting to a model not seen in decades, with tighter control over the economy. This is why Beijing has been canceling massive IPOs and level industries. Economists already expect the shift to slow economic growth even more, which could make China’s attempts to transform its economy even more precarious. (Related: Is China on the verge of total economic collapse?)

Charlene Chu, a debt analyst at Autonomous Research, said: “I think Xi is incredibly ideological, and he’s focused on his legacy. He really wants to reshape China and put it on the global stage — and that does require a reset from the way we’ve been doing things previously.”

China’s transition from open markets to state control won’t be easy to manage, but there is much at stake on a global scale: if Beijing fails, it could level the global financial system, slow trade and devastate businesses worldwide The chaos of global businesses losing their faith in the economic giant could lead to social instability, spurring the government to place even tighter grips on society.

In short, Beijing is at an economic tightrope act, and it is trying to replace its economic model with something that is unknown, with the weight of its debt-ridden system causing it to falter.

Watch the video below to learn more about the collapsing Chinese economy:

Z-Stack 1

This video is from the High Hopes channel on

Learn more about how China can affect businesses on a global scale at

Sources include:


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Too Few Are Telling the Truth

Not long ago, conservative media was not beholden to anyone. Today, most sites are stuck on the Big Tech gravy train.

I’ll keep this short. The rise of Pandemic Panic Theater, massive voter fraud, and other “taboo” topics have neutered a majority of conservative news sites. You’ll notice they are very careful about what topics they tackle. Sure, they’ll attack Critical Race Theory, Antifa, and the Biden-Harris regime, but you won’t see them going after George Soros, Bill Gates, the World Economic Forum, or the Deep State, among others.

The reason is simple. They are beholden to Big Tech, and Big Tech doesn’t allow certain topics to be discussed or they’ll cut you off. Far too many conservative news outlets rely on Google, Facebook, and Twitter for the bulk of their traffic. They depend on big checks from Google ads to keep the sites running. I don’t necessarily hold it against them. We all do what we need to do to survive. I just wish more would do like we have, which is to cut out Big Tech altogether.

We don’t get Google checks. We don’t have Facebook or Twitter buttons on our stories. We don’t have a YouTube Channel (banned), and Instagram profile (never made one), or a TikTok (no thanks, CCO). We’re not perfect, but we’re doing everything we can to not owe anything to anyone… other than our readers. We owe YOU the truth. We owe YOU the facts that others won’t reveal about topics that others won’t tackle. And we owe America, this great land that allows us to take hold of these opportunities.

Like I said, I don’t hold other conservative sites under too much scrutiny over their choices. It’s easy for people to point fingers when we’re not the ones paying their bills or supporting their families. I just wish there were more who would break away. Today, only a handful of other major conservative news outlets have broken away from the Big Tech teat. Of course, we need help.

The best way you can help us grow and continue to bring proper news and opinions to the people is by donating. We appreciate everything, whether a dollar or $10,000. Anything brings us closer to a point of stability when we can hire writers, editors, and support staff to make the America First message louder. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal or Bitcoin as well. Bitcoin: 3A1ELVhGgrwrypwTJhPwnaTVGmuqyQrMB8

Our network is currently comprised of nine sites:

We are also building partnerships with great conservative sites like The Liberty Daily and The Epoch Times to advance the message as loudly as possible, and we’re always looking for others with which to partner.

Also, we could use contributions of content. If you write or want to start writing and you share our patriotic, conservative, America First ideology, contact us. The contact form on this and all pages on the site goes directly to me.

Some of our content is spread across multiple sites. Other pieces of content are unique. We write most of what we post but we also draw from those willing to allow us to share their quality articles, videos, and podcasts. We collect the best content from fellow conservative sites that give us permission to republish them. We’re not ego-driven; I’d much rather post a properly attributed story written by experts like Dr. Joseph Mercola or Natural News than rewrite it like so many outlets like to do. We’re not here to take credit. We’re here to spread the truth.

While donations are the best way to help, you can also support us by buying through our sponsors:

  • MyPillow: Use promo code “NOQ” to get up to 66% off AND you’ll be helping a patriotic, America First company.
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We know we could make a lot more money if we sold out like so many “conservative” publications out there. You won’t find Google ads on our site for a reason. Yes, they’re lucrative, but I don’t like getting paid by minions of Satan (I don’t like Google very much if you couldn’t tell).

Time is short. As the world spirals towards The Great Reset, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going. Our promise is this: We will never sell out America. If that means we’re going to struggle for a while or even indefinitely, so be it. Integrity first. Truth first. America first.

Thank you and God Bless,
JD Rucker

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All ORIGINAL content on this site is © 2021 NOQ Report. All REPUBLISHED content has received direct or implied permission for reproduction.

With that said, our content may be reproduced and distributed as long as it has a link to the original source and the author is credited prominently. We don’t mind you using our content as long as you help out by giving us credit with a prominent link. If you feel like giving us a tip for the content, we will not object!

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