Comments by "Kenz300 x" (@KJSvitko) on "Evergrande’s Predicament Indicates No Solution to the Unfinished Buildings Crisis" video.

  1. Lie, cheat and steal is all too common today. Greed and selfishness is every where. You can not trust people, businesses, or government to be honest and truthful. Parents and teachers stopped teaching children the "golden rule" 40 years ago and now honesty and caring for others keeps declining. Society and business can not function if no one can be trusted to tell the truth.
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  2. China allows too much corruption. Theft of intellectual property is common. They try to dominate the market and put other local companies out of business. Spammers, scammers and phishing accounts are common and not prosecuted. You can not trust any numbers produced by companies from China. China's economy is in slow decline. The virus lock downs will speed it up. Lower GDP, higher unemployment, property developer bankruptcies, small and medium businesses going broke, local governments running out of cash, local banks running out of cash and individual personal despair of the population will lead to lower consumer spending.
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