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China's housing minister says real estate developers must go bankrupt if necessary (www.cnbc.com)

submitted 3 months ago by [email protected] to c/[email protected]

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[–] [email protected] 0 points 3 months ago (1 children)

Y’all are dancing on this, but if they go through with it, this is going to cause a run of panic that will wipe out the savings of hundreds of millions of people.

[–] [email protected] -1 points 3 months ago

It would in the west, in China they do a controlled crash, i mean it's already happened, one of their biggest housing companies already crashed and it did not caused anything except rise in home ownership among the people.

[–] [email protected] 0 points 3 months ago (1 children)

But what about the poor billionaires 😢

[–] [email protected] 0 points 3 months ago (1 children)

So are they poor or rich? Make up your mind!

[–] [email protected] 0 points 3 months ago (1 children)

See definition 6

[–] [email protected] 1 points 3 months ago (1 children)

I am aware, yes. I should add an /s at the end next time.

[–] [email protected] -1 points 3 months ago (1 children)

No, people need to learn how to recognize sarcasm again.

[–] [email protected] 1 points 3 months ago

I disagree. Especially on the internet, it can often be very difficult to say what is sarcasm and what is not. This is mostly because of the wildly diverse opinions that people have.