Comments by "Bob Roberts" (@YourHineyness) on "China’s Banking Sector Collapses! Over a Thousand Branches Shut Down, up 30% Annually" video.

  1. China Update has covered it. And he lives and does business in China.
    1
  2. For really large amounts they need a few days notice and then they will have your money for you. Every branch of a bank does not have $100 million in cash sitting there all of the time "just in case".
    1
  3. I thought everyone was equal under Communism. I guess it's more like Animal Farm: all animals are equal, it's just some are more equal.
    1
  4. It takes a long time for a country of a billion people and trillions of yuan to fall. But it is falling. Each day it falls a little more.
    1
  5.  @SenatorArmstrong-c9c  The masks they wear won't stop air pollution.
    1
  6. And now they are moving all of their remaining eggs into a new basket: EVs. That won't work either. Other countries are already erecting tariffs against them. China does not understand diversification.
    1
  7. The CCP is putting money into their stock market since it dropped so much previously. They are trying to reinstill confidence in the market to sucker more people into it. If the US Government started buying Apple stock it would go up too, as high as they wanted it to.
    1
  8. I believe crypto is illegal in China.
    1
  9. Nothing to see here, now move along.
    1
  10. 4 bank closures in US. Tens of thousands of businesses closing? And how many new ones are opening?
    1
  11. Bloomberg, Yahoo Business, and Forbes have done articles about China and it's falling stock and real estate markets Also CNBC.
    1
  12.  @dr.davidenglish778  Yeah, but in China they'd be crooked too. If you can cheat, cheat is their motto.
    1
  13. The Chinese seem to be rather dense. Why buy a new, unbuilt house (which may never be built) when they can buy a used one for less plus IT IS ALREADY BUILT. If anything, new home prices should be falling faster than used homes.
    1