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Lepus Felix
Patrick Boyle
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Comments by "Lepus Felix" (@MasticinaAkicta) on "Patrick Boyle" channel.
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I would worry more about how long they stay functional. And if something breaks or doesn't works if it gets fixed... it is after all China. Were warrantees don't exist.
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Literally indeed, long ago they would make things to last. Now if a building lasts more then 20 years it is a wonder.
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Wow, well that happened. Gotta love markets without any guidance, rules, oversight and more. FREEDOM!
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Ah yes, all sponsored by the Chinese government. But can you TRUST these cars to have quality...and that in five years they still drive. Even people in China are not too happy with all their EV issues. And just wait till a company goes bust and you find that your car can't drive anymore.
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I wonder if Insurers are even willing to take future insurances in certain area...
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Time for another Bailout? ... hooray! Don't worry the people can pay more taxes for a bailout, or just add more debt.. why not.
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I wonder if they do a Chinese restructuring, aka pay off Chinese debt first then nothing. It would be the short sighted move one of the people up there would do to safe his own skin!
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I remember Enron... I remember that a certain accounting house died after Enron fell. I wonder if Pricewaterhouse Coopers will have to deal with this issue. Of course if more chinese companies "suddenly" crash, we might see more of this!
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Great idea! Nothing can go wrong.
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That is a hard sell, because if Evergrande had "withheld evidence" how much other businesses have. And can you still crust what PWC then does... oh my.
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So a few weeks of political infighting then suddenly it is raised again? As usual! I am sure we can hit THRICE as much as today within... 20 years!
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So FRANK something made to help students deal with the loan debts by applying for help. Was sold off to J P Morgan, who of all things, is about OWNING debt. Yeah, that is perfect.
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I am so done with AI. ... I am sure that in ten years all the stupidity will have failed and we are left with the few bits that are worth it.
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Oh yes the contagion of this ... I am sure a lot of trusted organizations sought a safe place to put their investments. Seems it isn't that safe.
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