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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    3 年前

    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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      3 年前

      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.