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It’s official: The era of China’s global dominance is over
(www.businessinsider.com)
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this post was submitted on 16 Oct 2023
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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.
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.