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To: roto who wrote (5227)8/23/2022 10:46:59 PM
From: russet  Read Replies (1) | Respond to of 10709
 
What I see in this Chinese construction crisis is a way for the Communist party to select who they will bail out and who they won't. There is no liquidity crisis here or contagion that will propagate worldwide. The party has a chance to force all capitalist elements in the construction industry to become slaves to the system or they will not be bailed out.

The Chinese will take out their billionaires and millionaries, and force them to become slaves of the party, one at a time. It is a mafia.

Any Chinese with means to get out, should want to get out fast.