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Winston Smith
China Observer
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Comments by "Winston Smith" (@kryts27) on "China’s Economic Crash Looms: Real Estate, Infrastructure Fail, Debt Exceeds 90% of GDP, Xi Helpless" video.
Why do people still invest in the Ponzi-scheme housing in China? Bad enough of a housing scam in my own country. Banks own you; it's reprehensible
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Talking about banks and governments in China, is that large banks ARE the government. Now the consumption and loan crunch has come, the banks will continue to drain the home owning consumer until they have nothing left. This turns China in a consumer dead wasteland, when the CCP bank directors laugh then escape China with hundreds of millions of stolen dollars. The CCP is a kleptocracy.
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