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Kenz300 x
China Observer
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Comments by "Kenz300 x" (@KJSvitko) on "Another Punch to China's Financial System: Mortgage Payments Halted for Unfinished Buildings" video.
Lie, cheat and steal is all too common today. Greed and selfishness is every where. You can not trust people, businesses, or government to be honest and truthful. Parents and teachers stopped teaching children the "golden rule" 40 years ago and now honesty and caring for others keeps declining. Society and business can not function if no one can be trusted to tell the truth.
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All Ponzi schemes end badly. When new buyers and money runs out the scheme collapses. Old projects were paid with new bonds. Now no one is buying bonds. There are no new investors.
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