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Comments by "" (@MarvinPowell1) on "Inside China’s Property Collapse (Evergrande Disaster)" video.
America: "We need to home school our children and keep them out of the public education system."
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4. The CCP is, and always has been, hyper incompetent. Same for Xi Jinping. 5. The CCP is spending all their efforts trying to go into a petty invasion over Taiwan, while losing all global allies in the process (even Russia is basically ghosting China cause they were fence-sitting the Ukrainian war due to Russia's sanctions.) Also, China doesn't need 10 to 30 years; they're already weak and frankly, always have been a paper tiger. Their military was bolstered using stolen US IPs, but also "made in China" with the equipment and corrupt business deals to go along with it. The only thing is, they've done a decent job hiding their weakness so far. After all, it was Sun Tsu that said "Appear strong when you are weak."
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To be fair though, the Chinese government is extremely corrupt to the point these companies have to lie and hide things in order to not be punished and imprisoned for angering the CCP. Doing any kind of business in a Communist country is destined for failure (unless you're Tencent.)
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I've heard much about this and Country Garden. I don't understand; why they couldn't just make the homes really cheap to live in or give away some of their property to investors? Isn't some income better than a total loss?
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