China has reached the end of its economic boom. What comes next should worry every American business — and the rest of the world.

  • laylawashere44@lemmy.blahaj.zone
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    1 year ago

    Fr, Evergrande is dying because China recently cracked down on the over-leveraging and financial fuckery. If they wanted to save Evergrande, all they’d need to do is to give them a break on the new rules, but they aren’t because they reckon it’s worth it to punish Evergrande.

    • Buffalox@lemmy.world
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      1 year ago

      But but but…

      We have to throw trillions at them, they are too big to fail, if we don’t give them all our moneys, the global economy will collapse. /s

      Also we need to give the CEO’s who caused this huge bonuses, because they need to make at least as much as a 1000 workers.