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Louis Giokas
China Observer
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Comments by "Louis Giokas" (@louisgiokas2206) on "2.4 TRILLION IN DEBT! Evergrande Halts All Operations! Homebuyers Angry!" video.
@skootdiggity1301 There is no actual law in China. The Chinese state has a constitution, but the real power, the CCP, chooses not to enforce it unless it suits their needs.
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@Onion_Knights I am interested in which countries. I have only lived in the US and UK.
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@Onion_Knights Thanks for the info.
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@talkinghand122 It seems more like Bernie Madoff. Actually, I saw one analysis claiming that it did not start out that way, but due to flaws in the system it evolved that way. Seems reasonable considering the evidence given. So, in one sense, the Xi's response with the three red lines made sense. The problem is that it was so clumsily implemented, that it tanked the whole system. Go, CCP!
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I keep saying this, but it bears repeating. The CCP is a gangster state and the police are their enforcers. The people actually have no rights. When will they realize this and do something about it?
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