Comments by "May L" (@MeiinUK) on "China's 40-Year Economic Boom: 300 Years Cash Used Up" video.

  1. And they didn't actually reform their financial systems either.. and they didn't even have like mortgages either... I bet that they did not even know that Germany had like 100 year mortgages. Japan had like... 1.5 generation's mortgages. Which works around like 40 years.. And in the UK it is like around 20-30 year mortgages either.... THEY BOUGHT IT BY "Cash" !!! Cos WHY ???? HK refused to actually control the currency exchange rates... and what else happened ? SE Asian countries also supported exports and imports.. and spoilt their goddamn minds.... and then they used land as a collateral.... to "borrow" from banks. Despite the land being of zero values.... They have around 300 million buildings, and they lied that there isn't. Cos this has been actually a shock to their system. So... many individuals didn't and doesn't even want to pay their mortgages. They ran off !!! LOL.... I saved around 10 years of savings.. from pocket money to buy my first mobile phone. And these individuals did not believe it. I think, because they saw how HK rose.. their assumption is that, people will come... but they don't get that everybody was doing the same thing too.... China is too developed. It has everything now... Most people already has around 2-3 BUILDINGS... they don't even believe it. lol....
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  2. They could indeed sue themselves, but they don't. Cos they don't... and doesn't want to.. but because they don't want to... and refuses to reform too.. then... Do you see this happen in the UK or in the USA ? We would get killed or prosecuted. Why ? Cos the state protects the financial system to the core.. If corruption... then individuals go to jail. Only in China.. do they NOT jail these people, and keep expanding. In some regions, they did prosecute.. but in reality.... the entire country is like that. After the Sichuan governor issues... They now have reformed back to an Imperial China Model... and refuses to... prosecute people any more...
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