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GTW
How Money Works
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Comments by "GTW" (@gtw4546) on "Everything You Need To Know About the Chinese Evergrande Crisis (So Far) - How Money Works" video.
@ryanpaulssen2269 Last time I checked, most nations weren't welding people into their homes as they have done in some parts of China.
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"These assets are not liquid" - no, they are TOFU!
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Need to address the auditing firms like PWC and EY - they have every incentive to rubber-stamp a company's accounting practices rather than alert potential investors to their true financial health.
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@xiaogangdasha 600 MILLION people in China earn 1000 yuan or less per month - and that was before all the zero-Covid nonsense that decimated people's incomes. China is still generally poor because of the evil CCP. If you support the CCP, you're part of the evil. Rise up and take back your country while there is still hope. Or at least "lay flat" and "let it rot."
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