Comments by "May L" (@MeiinUK) on "Richest Man LI Ka-Shing Urgently Sells Properties at 30% Discount, Hong Kong Property Market Doomed?" video.

HK's areas are zoned. Kind of like how the NYC is also zoned. And it doesn't work as you assume either. But judging this video.. this is at a larger scale too.. It is also zoned.. but at a larger scale... and anything with scale inside China, sends ripple effect usually...
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Is this why so many students came to foreign countries? And yet, this is also having an actual effect on those countries? Cos we didn't and were not actually on top of this ball either... So now, homelessness is everywhere? And people have died mostly. And been unemployed for like at least 10+ years !!!! Jesus !!!!!
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The more I watch these videos. The more I don't think that these are "mortgages"... They are more like... "imperial land sales".. or something to that effect. So how come they don't have those rural lands then ? What happened to those banks? And why did those local and lower level banks went bankrupt before? And why now, the central government is controlling with a central bank model? They shouldn't do that... at all... It is weird that even local banks could do foreign currency exchanges, despite them not selling anything. How is that possible? This is why their so called "shadow banking" sector... is collapsing.. I think they tried to circumvent that from happening, but it didn't work. And let us not forget that... the yuan were debased.. in order to "unify the entire country's financial system"... Should it be unified? It does not need to be unified !!! If they think about it. As long as people have food and shelter, it does not need to be anything. Keep it simple !!!! They don't even understand this kind of exchanges between regions... it is the same in the UK too. Some people can be an egg for 10p... but others could pay like 50p. But this is fine too. It works out. And your salaries, bank it ! Put it in the bank! Don't liquidate and keep it in a biscuit tin !!!! And keep counting your money, EACH day !!! The thing is, they don't do these moves... this is why it goes bad. And businesses, to them is "big boom, big bust".... (And that takes down the banks too. Every_single_time. Ev ery_time.) This is why in the USA, they have M&As... ALL of the time... ALL the time....
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@dyingearth : It's real gold alright, but it is of no use, cos China is too large, and they don't split themselves up, so that it works better. As in, they don't have state level laws and regulations kind of similar to the USA. Cos if they did, how come they are allowing this kind of situation to happen? And why would that main media company report this kind of thing? Do they think that this is safe to do ? As much as USA is stable... they are only a mere 300 million people. But China is 1.4 billion... how do they organise themselves? Which is the best method? Either way, it doesn't seem to work ? It is extreme boom and extreme bust... They don't do that middle area.. or slow growth.... big boom, big bust.
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@4FYTfa8EjYHNXjChe8xs7xmC5pNEtz : It sounds like a reversal of Western lifestyle. lol.... Forced to speed up "consumption", so then they both dump you the gold, and the mortgage at the exact same time. To equalise with the rest of the world. lol..... It takes around like a mega.... 80 years for most people to achieve this results in Western countries.. but here.. they are speeding things up.. but possibly also confusing those citizens at the same time too ? lol....... I don't know whether to laugh or to cry. lol.... So then, it means that, they carry the debts of around 250k.. in their lifetime? But where are the jobs ??? Still no jobs though.. Then what do you do ? Use the gold to appreciate? Or to use your gold to exchange a business? Cos I don't get how to play this kind of game. I'm too dumb as well.....lol....
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LOL........ Oops. So how come Spain is not and has not tracked her down then ?
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They don't.... and I think this exercise.. has happened before.. and this is how it created a tier 1 to a tier 3 city.... So.... The HK treasury is no different to the other "local government money budget/pot"... So it means that, what HK has... is similar... i.e. A lot of the other ones... are wanting to also be tier 1 city, is what this exercise meant to do. But as often as it works out.. people would not likely to comply. So.... chaos happens next.
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Wow... so those corruption companies are going to earn more out of this situation ?? Wow..... I get it now. It must have happened before.. therefore, turning tier 1 into tier 3 etc etc... I bet this is what is going on etc etc.
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How do you work that one out then ? That people just swapped their properties? i.e. Sold expensive, and bought cheaper? So therefore released equities? You mean like that ?...
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