Quote from: jrrsparkles on Today at 08:43:08 PM

Quote from: tabas on September 17, 2024, 04:34:05 PM

Quote from: jrrsparkles on September 17, 2024, 04:29:08 PM

Maybe the Chinese government needs to work on their interest rates for better solution than using the perky ways which obviously not effective in my opinion.

It's going to take time for that when the signs have been obvious from the fall of Evergrande.

We can't expect the results over time and if we try to keep things via shortcuts it won't hang there for too long will obviously backfire at them.

Yeah, it's for sure going to be back but we don't know when, and even them, they don't know when it will.

Quote from: jrrsparkles on Today at 08:43:08 PM

But they are not really capitalist not democracy so they can do anything as they wish and no one will be asking questions about that but in other places things will get real dirty that's why we better look for the long term solutions which may be less harmful than instant solution.

They're a communist state and that's why they can do anything. I think it was also in China where deposits of their own people have been frozen due to the unforeseen turmoil of their economy. I wonder what's really the deal there if they're having a bad economy but in some "propaganda" videos say that they're doing well and have a lot of jobs even for the new graduates that can cater majority of them.