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China’s car industry “imploding” with 400 car companies already gone. Just 2 are making money. China juiced fake GDP with trillions in handouts — ramping it up after Trump’s tariffs. (twitter.com)

posted 353 days ago by seernewday 353 days ago by seernewday +59 / -0

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– Tim_Berframer 5 points 353 days ago +5 / -0

Welcome to the communist system. No company is allowed to fail, because it would look bad and contribute to unemployment. The entire system is already teetering.

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– deleted 3 points 353 days ago +3 / -0

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– ThePowerOfPrayer 1 point 353 days ago +1 / -0

Yes.

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– Lancer35 2 points 353 days ago +2 / -0

This is exactly how Venture Capital works. The CCP uses that concept.

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