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Straight2Dpoint
China Unvarnished
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Comments by "Straight2Dpoint" (@4evertrue830) on "She Once Had A Net Worth Of 600 Million Yuan; Now, She Is Bankrupt And 300 Million Yuan In Debt" video.
This video, is quite frightening to anyone who watches it through but, what it left out is the fact that, most banks and other financial institutions in China are publicly owned and not privately owned. Debts by people to public owned financial institutions are forgivable over time, but debts owned to private financial institutions like in the western countries, not so much. Its only a matter of time for everything to change for the better..😒
5
Investing so much so soon is really not the issue. The main issue is when, these obviously young business men and women do not have the requisite experience (which accumulates over many years), how to grow their business quickly. That is the main problem they face.
1
What i don't understand is how she was able to achieve her millionaire financial success, with her poor rural educational background. That part doesn't make any sense to me.
1