Comments by "May L" (@MeiinUK) on "China’s Tax Crackdown Hits All: Rich, Poor, 1.2 Billion Earn Below $400 Monthly" video.
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This is so so so soooo bad. It is like, that case which is currently being highlighted. Like, they want to automate and to technologically create an "perfect" account. But what if some of those accounts were paid off, and then when it came to reconciliation it didn't or wasn't created? This is what a lot of accountants are to do. And what clerks do. And their point about "it should have been done years ago"... Er.. depending on which year, and where... Cos people are now using tech, to "retro-spective grab".. Which is not even legal ?... Cos I had one woman calling me randomly about licensing rights. And the fact that her organisation did not existed, and the item/product was bought BEFORE the creation of the sectors as it is now. So... how is that possible? You are grabbing into a nonsensical situation. A fabricated situation ?... So.... The same with those businesses as well, that is collapsing. So they have collapsed. Then the stock are still worth something. Why are they suddenly considered as "wastes" ? Why doesn't China have liquidators? So sell off those stocks back to some kin dof banks then. But this isn't done though... China doesn't differentiate it seems, between what is a company, and what is a personal wealth. Or even personal taxes. They are two different things ! Also, you cannot have wealth family businesses, if indeed... well.... How could you have worked all your life, and not to have anything returned? China does not own the world though. And this is a BIG issue.. that ought to be discussed globally. Cos they are indirectly forcing the world to collapse with them !!!!!
This action alone is making those bonds useless !!! And the stock market ... pointless !....
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