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May L
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Comments by "May L" (@MeiinUK) on "Inside China’s Property Crisis" video.
USA is already an actual extension of China to begin with ! How did NYC saved itself from the first depression ? It was the Taiwanese that came along and invested in them.... and raised the investment games.. and then later on... the West invested into SE Asia as well... and the the tech bubble thing came.. and went... and now morphed... Morphed into a nightmare more like. I am very certain that, a lot of money were stolen during those morphing periods... Really. I accept that it has done so.
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That is because it is still under the British monarchy and basically the Indian framework is the same as the UK's... people tried that with china cos the HK was meant to be the seeding. But it didn't happen that way... the stare council stated that HK remains unchanged but it has changed. Now it has gone beyond repair?....
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@navdeepsugandhi6476 : Barry is right... I consider myself as British Cantonese.. and believe me... you guys in India.. is NOT running the country like Imperial China... Really, you are not, even if you think and assume that you are. But you are not. And Imperial China and elites would chew you and spits you out. (And even within the PRC today are several mini Kingdoms, or family clans that fights it out, even if you don't accept this fact.) It's too complicated... you won't get it.
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@gerardp4759 : Then they are basically not "developers"... and if you project the old Imperial model onto this.. and this is whereby their so called "with Chinese characteristics" comes from... So basically.. it should be such that, the indigenous families or family clans that owns those land, and whatever.. only they should be sitting in the State Council. There used to be around 2 groupings. If I recall. One was the people's committee or other, and then the other one was the state council. So when there was all of this "one country, two systems" thing comes into play... It is like... there are no courts. And yet, there is one group of decision makers by consensus.. and then the other one is group of people with legitimacies.... Where does the courts come into play ? It only deals with foreigners then... the courts are for foreign companies and foreigners then. So then how come.. some people inside the PRC today, see a passport as a form of visa only ??? When it is about legitimacies ?
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Germany has 100 year mortgages... these developers borrowed and built around 50 blocks on the go...
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@lovekanaujia345 : That is not true. The Monarchy is still head of States in India. It is just that, his power is removed, so it comes across as like an actual Republic. But in truth... he is still head of states. And yes, we do have laws to restrict the meddling... and that is why you guys seemingly have a lot more say in what and how you decide to run, and to be fair.. that is important for such a large country. So.... It is just also different as well in the UK. Cos we're so small... everything has to be discussed and passed through etc To get to our own rights. And don't worry.. the UK doesn't actually impose on you guys as much as you seem to think.
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@kanekiken2002 : The problem is.. the views and concepts within China, is that "we don't want a Western model".. in actual fact, the current model which exists inside the PRC is like an Imperial PRC Empire already. Which was what the British had before. Just that nobody talks about it. Nobody points out the small and fine prints. Nobody really gets it. They are all wrapped under the "advertising" concept.. When really, see it as media ? They cannot even decide on something so simple as. And those so called "chinese media".. If you looked at it from Imperial China's viewpoint, they aren't advertisers... more like philosophers.. more like... influencers... more like... I don't know how to explain it. Anyway, whenever you look at a situation, you could always see two concepts or two overlapping model to a single situation as well. That is often how it goes. When you have a large 1.4 billion for China and India, you do need SOME structures... SOME rules...
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@drunkntigr : Don't forget that the actual China AND the USA.. is as bad as each other, and this is due to how the tech sector ended up. So now, both uses advertising revenues to target one another as well, and distorts the news. This is why.. nobody can actually see what IS 1) news, and 2) advert, or 3) marketing. Nobody is clear on this any more and this is why, nobody trusts that there is democracy any more. But in actual fact, there IS...!!!!! Either the democracy is dead. Or that advertising is the way forward. Considering that retail is now dead. The so called "media"... in the way of money transfer as well.... This is destroying countries.
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It wasn't a mortgage product then, do you see? It was a form of credit card company that was being used for investment banking and the offshore locations for commercial properties but then this happened. Cos then they took it internally and domestically transformed it, so now they are In deeper sh!ts than anything.
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@chinadollfmd : Well... they shouldn't be able to do so to begin with ! Cos some of the "money" is basically OUR money from the British commonwealths which fed into China as well. So then they claimed it as their ow public money. And now, they can't use their so called public money to rebuy back the British land ! Sorry.. but that is ridiculous to begin with ! What do people think they are doing ? Playing mah jong ! Until one gets sick and take them down cos they've not slept for days and days ???
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FYI. China did not used to be able to take their own currencies out of the country before. They have to check it all into their banks before they leave the country. And then when you are in another country, you have to verify and then open a bank account there. And it is your banks that does the adjustments etc... But this does not seems to be the case any more. But why ??? This simple control is now gone...
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