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313
China's Bank Failure Has Just Begun; 2 banks declared bankruptcy, 63 banks chiefs arrested (www.bitchute.com) BREAKING NEWS
posted 2 years ago by brain_dead 2 years ago by brain_dead +313 / -0
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– january20 7 points 2 years ago +7 / -0

One common practice I heard about in China is that they were selling houses to people that were in the process of being built. So people were paying mortgages on homes they couldn't move into (yet). Then a lot of them were still not being built because the developers ran out of money, so the mortgage-holders stopped making mortgage payments.

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– brain_dead [S] 2 points 2 years ago +2 / -0

It's so corrupt I don't even know how they can get away with that shit. Oh I know, it's corrupt everywhere.

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– VetforTrump 1 point 2 years ago +1 / -0

And now they are blowing the buildings up.

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