Year 2020 2021 2022 and even early 2023 many many anti China fascists here including Gordon Chang and his lying anti China white crooks have been shouting the collapse of Chinese Banks ..
Well please watch these YouTube videos you will be amazed that right in front of their eyes the US banks, NOT the Chinese banks, that are the ones collapsing ...
https://youtu.be/EQO4AFabpmA
https://youtu.be/5e7z1_Q1SdE
https://youtu.be/BKibJJfPWN8
Most of the senior flgdogs had run road already, only left a few too weak to run. Those new junior flgdogs 不成气候，难成大事
Honestly speaking now no need to worry.
Be it USA or China
because both of them are the PROVIDED , AKA BIG BOSS IN THIS WORLD.
(15-03-2023, 04:17 PM)sporeguy Wrote: [ -> ]Year 2020 2021 2022 and even early 2023 many many anti China fascists here including Gordon Chang and his lying anti China white crooks have been shouting the collapse of Chinese Banks ..
Well please watch these YouTube videos you will be amazed that right in front of their eyes the US banks, NOT the Chinese banks, that are the ones collapsing ...
https://youtu.be/EQO4AFabpmA
https://youtu.be/5e7z1_Q1SdE
https://youtu.be/BKibJJfPWN8
by now You should know the west like to divert attention and cover their back side
Banks should not be allowed to fail as such failures erode the confidence in the banking system, causing governments and countries to lose their reputations. For this reason, new bank licenses are never easy to obtain.
In the US, banks are mostly private banks. In Communist countries like China, North Korea and Russia, private banks are non-existence until very recent years. North Korea believes to have none, China has only 18 private banks and Russia has 10 banks. As such, hearing about bank failures in North Korea, China, and Russia is different from hearing about a bank failure in the US or Democratic countries. In the last recession of 2007-2012, few hundred banks in the US failed.
(15-03-2023, 05:39 PM)teaserteam Wrote: [ -> ]Banks should not be allowed to fail as such failures erode the confidence in the banking system, causing governments and countries to lose their reputations. For this reason, new bank licenses are never easy to obtain.
In the US, banks are mostly private banks. In Communist countries like China, North Korea and Russia, private banks are non-existence until very recent years. North Korea believes to have none, China has only 18 private banks and Russia has 10 banks. As such, hearing about bank failures in North Korea, China, and Russia is different from hearing about a bank failure in the US or Democratic countries. In the last recession of 2007-2012, few hundred banks in the US failed.
Yes, yes, many, this one....
one is too less.
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China has big banks nationalised
China has village banks.and underground
Last year China had a big mess when people deposited their money into banks and cannot take out because money was routed to wealth management products.
This resulted many protests in China.
In US no depositor has lost any money and govt action was fast.
Each have their own problems.
In China many paid for mortgage and house is not built ....resulting in protests.
There are many China fanboys who are just sensitive to negative news about China as if China is perfect it is not...and there is no need to whitewash.
(16-03-2023, 11:37 AM)sgbuffett Wrote: [ -> ]There are many China fanboys who are just sensitive to negative news about China as if China is perfect it is not...and there is no need to whitewash.
Present facts not
LIES or
FAKE NEWS!
Nice titties
