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May L
China Observer
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Comments by "May L" (@MeiinUK) on "No Money to Pay Salaries! China’s Local Government Is $14 Trillion in Debt, Borrowing From Temples" video.
@OperationEndGame : This is true actually. But if you watched the video... it basically said that, thelocal taxes.. but those weren't taxes before. They were the treasury of those lands.. and the so called CCP... the "party led government model"... That did not existed before. As in.. there wasn't this mega big central government run like this before... So therefore, they sucking up that 75% revenue from those treasuries basically mean bankrupted state? For what purpose does this serve? It kills off the people and their own futures ??? I bet they reformed into this model based on pressures from WTO and World Bank etc... Cos China wasn't like this before... I wish they kept to their regional model before.. and that the state council wasn't this kind of policy making thing. So they basically sucked up the money.... This makes them the dictator... and the rest of the country's people as serfs.
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@EzraMerr : People don't drive a rolls in the UK silly.. even if they are actually manufactured in China. Normal people just drive a tiny and practical cars for that region. Smaller ones are easier to park. And I don't think they're cheap to be honest... This is what happened when US coupled into the WTO with China and then this whole tech thing happened... I really also actually just.... regrets a lot. Really. It hasn't been worth it.
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@El-Ge : They are not living like Kings and Queens. Just that, they are getting scholarships.. as diplomacies do... and then the local students are jealous. So then they used the media in China to rant about it as well. It's weird... actually.. Cos the whole of china, doesn't run like... it shouldn't run like it does to be honest. It's weird. Just weird.
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What is the point of them coming to study when in reality, they are not even likely to create jobs or to go into jobs when they go back home ???
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