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Comments by "" (@DanielSMatthews) on "'New crisis': China faces wave of mortgage strikes" video.
This highlights the danger of the CCP's habit of covering everything up to give the impression of infallibility, when things go bad they build up to a threshold then collapse when they get to the point were they can't be ignored or hidden any more. In China it would be impossible to glide into and then out of any economic state, the nation is like a person living in denial then having a sudden mental breakdown when their delusions can no longer support them any more. So the real question is, what does this mean for the world economy, and Australia's ability to earn an income via trade, if our biggest trading partner is at serious risk of their economy falling into chaos?
1
This highlights the danger of the CCP's habit of covering everything up to give the impression of infallibility, when things go bad they build up to a threshold then collapse when they get to the point were they can't be ignored or hidden any more. In China it would be impossible to glide into and then out of any economic state, the nation is like a person living in denial then having a sudden mental breakdown when their delusions can no longer support them any more. So the real question is, what does this mean for the world economy, and Australia's ability to earn an income via trade, if our biggest trading partner is at serious risk of their economy falling into chaos?
1