chinese stimulus, page-72

  1. 10,404 Posts.
    Dopey, reading around it's interesting to note the sentiment that implies that China will end up in a heap of debt and unemployment.

    Implications are that the Big Ming is in big trouble and could financially fall part.

    That is so improbable it is laughable. The Chinese government has total control of the financial system and services.

    Enterprises that are in trouble and need to be bailed out will mysteriously have their debts covered by 'bonds' owned by the government. This has in fact been going on quietly for years. The government vessel that holds the debt in perpetuity then gets dumped in with other such organizations and buried.

    It's the communist way; a Marxist denial.

    The CCP wants to be half pregnant.

 
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