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Aden Wellsmith
China Observer
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Comments by "Aden Wellsmith" (@adenwellsmith6908) on "China’s Shoe Capital Wenzhou Is Ruined! No Orders, Widespread Bankruptcy, Bosses Flee Overnight" video.
That's without Trump imposing taxes on imports, no more cheap postage, ...
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@ferrellsl In the UK, the state has just defaulted on one of its debts. Pensions.
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Limited company's means its not a crime
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@cbatcba It's the capitalist world. When economies change, companies go bust.
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@ferrellsl It has, repeated defaulted on the pensions. Even for civil service pensions its unilaterally changed the rules. Increase the retirement age is a default on the terms of the pension debts.
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@ferrellsl So women have lost when they defaulted on the retire at 60. Men lost because that was misandrist discrimination [as stated by the courts]. 5 years lost payments 5 years lost interest on those payments 5 years lost from paying in more 5 years opportununity loss from those payments. Repeat at nauseum. It's a default.
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@jacksmith-mu3ee I've defined government.
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@Digmen1 I know. Remove that subsidy, add on a small $1 tax per item, and what happens to TEMU? What happens to the production side as a consequence? It collapses. That means massive unemployment and unrest. Now the CCP with a large army is in a position to attack its own citizens, so I suspect survives.
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