Comments by "E. Cray" (@CrayCommerce-pp1wg) on "Rural China’s Anger Erupts: Billions Trapped, With Thousands of Rural Banks Vanishing One by One" video.

  1.  @BLACKAAROW  well not entirely true farmers own thier land from ancient times carried over also once upon a time villages (which for the last decade have been getting cleared) did too. They can sell and parcel with reg thier lands. It was mostly the rich and royals lords and such much the same way in the French travesty had it seized. And of course cities. But yeah ground lease on property otherwise. It can in many circumstances be extended too another 25 or 30. There is also 15 25 50 and 70 year ground leases. Heck things in London have 238year 9 month ground leases for buildings and other parts in Exeter have 9 year ones there is also freehold... Still the safest investment for savings for decades in china was property as rhe explosion value was wild. In first tier cities like here in Beijing prices went up from purchase in the last 2 years of the decade owned 2,600% in value in certain areas and communities in the capitol... some more some much less but usually still 100-200% growth which is just insane. And thier still buying building and selling even though it's totally totally flat lined and dropping ... bubble burst it's just being artificially sustained by tools for that Habibi so there's not a social explosion. As for the banks we'll that's essentially to a degree how ALL banks globally behave. They use fractional reserve to play with your MO eye and give you shite when you want to pull it out to use it for something and have to explain Yourself; let alone when you want to pull it all out and close your account... All banks are corrupt templar method BIS IMF collateral war hawks and gangsters ZOGs meanstwhile most gov also printing base Don you and your earnings for your lifetime (about est in US 5million and borrowing 100-300% of that on each head of credit ... Literally cattle sales
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