@sinbach @Backtojerusalem @holistic
" 'Under the Economic Crisis, Chinese Wealth Could Vanish Overnight' en
Author： Translator: Lisa
Edit： Ashley
2023-12-16 16:38:48
Page views：245
Estimated reading time 1mins"
"Summary： China's debt crisis is escalating, and the nation is on the brink of financial rupture. Coupled with a series of adverse domestic and international factors, the camel's back is burdened to its limits, making it increasingly unlikely for the Chinese economy to endure beyond 2024. Chinese citizens may not only face the return of difficult times, but the wealth accumulated over decades could also evaporate overnight."
@sinbach @Backtojerusalem @holistic
"China's borrowing has escalated at an astonishing rate in recent years."
This is a disaster for a people known for it's endless hard work, frugality, thrift / productivity etc - what are they doing up in the corridors / management and their international overlords etc??
