Comments by "May L" (@MeiinUK) on "3.2 Trillion Debt Leads to Bankruptcy of Guizhou Provincial Government First One to Go Bankrupt?" video.

  1.  @johnstreet797  : Originally when people say that China's economy was "growing"... it was growing, due to the connection to the WTO. That part, grew... . and as far as I know... it was from materials like Yukon Huang's lectures on youtube. (And he used to work in World Bank... and China has two offices in the World Bank.. as far as I am concerned.) I find it odd that, these kind of channels now exists... it could be because they must have fired and restructured their media.. cos the media, were merely following "inside PRC info".... (without their UN / World Bank/ External Foreign Finance info) ... piece.. Cos frankly, are they privvy to such information? My guess is a good "no". This is whereby... Yukon was VERY clear... when he said and chose words like "the shadow banking sector" from within the PRC. Meaning that.. he is pitching... the... "if we peg the yuan to the gold, and then use the world bank's model via their own import and exports"..... (But most chinese INSIDE China... does not care for these kind of imports and exports issues.. Cos they frankly would not know what else goes on anyway. For a 1.4 billion existence... I am sure that some people are living quite happily as well... and it works out.) It is when some pieces has shown online that, they have so many people, that, even their banks... are actually not enough. As in.... their computers couldn't cope with actual... counting... hence, the duplicate bank note issues. To me, it is so simple. Do not use the same notes, but use different notes. Or to use the same currency name, but lock your actual banks, to specific region. Which is why some areas, they print their own bank notes. So then if those bank notes goes BACK to the SAME banks... Then they won't have this kind of liquidity issues at all ? Make sure that it goes back to the same bank. And once a while. Ask their customers to recall... and send back those notes etc. etc. If they kept to this.. then I think it would've worked out a whole lot better... imho... No wonder they then tried to introduce Fin Tech banking AS well.. which.. I bet this is like throwing more oil to the fire.... No wonder when they tried to raise money in the stock market... it seems like, they have an actual set and control... as in.. government is controlling them... on how much is and is not utilised etc. They have a team of so called hackers.../traders..... No wonder the individual non-state owned enterprise... person/citizen.. ends up losing a lot of money. Cos now I get what their social media call "leeks".. As in, they are harvested like leeks. Cos everything is government-controlled. Here... whereas.. in the UK.. and in the US... and even in HK... they do have a fluid investment, and stock exchange investments... Now I get why so many techies.. and tried to create things like.... app investments etc. etc. Which is now being clamped down on.
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  2. No wonder so much hacking comes from China... cos I don't think they mean to hack.. it could be their systems trying to do recall or blocks.. but it ended up as hacking foreign money and currencies as well. Cos their mobile phones were exported out of the country ! That is why !!!! And it won't mean that their figures will add up otherwise. So now.. it is a sinking ship globally !!!!!.... I bet this is what it boils down to ! No wonder nothing makes sense any more.... And so many lies online as well.... Like the one about inheritance taxes etc for HK. (Well.. my family had to goddamn pay it. So how come others don't ? So then it meant that we were scammed to pay off somebody else's debts !!!!! ) Same with those so called "Donation to Sichuan too".... All they need is to take a phone ticket, flies abroad... and then... say that Sichuan is flooding again, and then they also earn from this too !!!! And lots of overseas' chinese remit money back home to "help"... No wonder those banks have actual foreign reserves more than the actual reserves that they ought to get. And then those banks had to restructures etc. And then they joined the WTO cos we did remit back..... WHAT A MESS !!!!!!..........
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  3. The thing is... many cities expect their population to either decline.. or indeed their wealth is passed onto the next generation ? So if this is stuck to.. .then the wealth is passed on, and those individuals, would keep working, to earn what they deserve in their living environment. So then this connects them to that "I am living, and I am making my environment nice" kind of thing... which is a way to motivate individuals really.... The thing is how to control the inflated interest rates.... I didn't think that it is that bad a thing... to do. Don't get how... such a big place... is just...
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