I’m shocked they were able to keep their scam running for so long. For years they have been building entire cities on borrowed money; then “selling” the condos and apartments to people who borrow more money to buy them. The amount of excess housing was in the 8 figures at one point, most of the inventory being sold was for investment purposes, not for people to live in.
It’s hard to figure out how they have managed to pull this off for so long. Makes me think that somehow the US taxpayer has been supporting China and backstopping their currency. Wouldn’t surprise me if 10 trillion of our national debt was actually embezzled into China, with our leaders getting a 20% kickback on everything they hand over.
It doesn’t seem possible to successfully game your economy so completely for so long without outside injections of cash. And it does seem completely possible that our own politicians gave it to them.
So I remember back during Clinton days a Chinese general getting "caught" printing fake $100 and the ccp swore they didn't know what this "rogue" General was doing now I said back then its makes sense to kill our dollar and was laughed at now I'm wondering...
Good honest management skills shown when you have a company $300 billion in debt
I’m shocked they were able to keep their scam running for so long. For years they have been building entire cities on borrowed money; then “selling” the condos and apartments to people who borrow more money to buy them. The amount of excess housing was in the 8 figures at one point, most of the inventory being sold was for investment purposes, not for people to live in.
It’s hard to figure out how they have managed to pull this off for so long. Makes me think that somehow the US taxpayer has been supporting China and backstopping their currency. Wouldn’t surprise me if 10 trillion of our national debt was actually embezzled into China, with our leaders getting a 20% kickback on everything they hand over.
It doesn’t seem possible to successfully game your economy so completely for so long without outside injections of cash. And it does seem completely possible that our own politicians gave it to them.
So I remember back during Clinton days a Chinese general getting "caught" printing fake $100 and the ccp swore they didn't know what this "rogue" General was doing now I said back then its makes sense to kill our dollar and was laughed at now I'm wondering...