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William Warren
China Observer
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Comments by "William Warren" (@wbwarren57) on "$9 Million Vanishes Without Any Reason! China's Banks in Big Trouble, Unsafe to Save Money For All" video.
Bank in China will not go bankrupt unless the CCP tells them to go bankrupt. Bankruptcy is a legal condition not an actual physical condition. Since there is no real legal system in China under the CCP, if the CCP does not want a bank to go bankrupt, the bank will steal the money of its depositors, or refuse to give it back. Though the owners and employees of the bank may suffer, the bank will not “fail“ and will keep on operating in whatever manner the CCP dictates.
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@jfverboom7973 What is Saturn in my opinion is that the western investment banks like to gloss over this subject when they encourage western investors to invest in the CCP economy so that western investment bank can enjoy huge transaction fees.
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