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Sparkling Wine
China Observer
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Comments by "Sparkling Wine" (@vueport99) on "80 Car Dealerships Suddenly Collapse Overnight, Thousands Left Carless Despite Making Payments" video.
There are honest businesses. But they are small businesses. Cuz to get to this scale with so many dealerships you need govt approval getting loans, property zoning, permits...... Which means you need to have someone with clout backing you up... Which means lots of money under the table. That's how it works in China
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You may have to recover your deposit in court, but at least you won't have to pay the bank for a non existent car. In China people are paying mortgage on property that are non existent...
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The dream is very much alive, as is the GDP. Reality doesn't matter. It's all smoke and mirrors
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Cuz they have been living a lie for years and rather than fake it till you make it, they pocketed all the money
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@tedthesailor172 they'll probably end up in jail, kids expelled from school, etc long before banks actually fall...
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