this post was submitted on 19 Mar 2024
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[–] pudcollar@lemmy.ml 70 points 7 months ago* (last edited 7 months ago) (1 children)

If a billionaire is in actual trouble, he's in China. US would have bailed out Evergrande.

[–] Gradually_Adjusting@lemmy.world 34 points 7 months ago (1 children)

I have pretty severe concerns about how the Chinese government operates, but this is one thing they do right.

[–] Crikeste@lemm.ee 13 points 7 months ago (11 children)

I have pretty severe concerns about the way the American government operates.

[–] skozzii@lemmy.ca 9 points 7 months ago* (last edited 7 months ago)

We have traded the literal genocide and opression for corporations performing economic genocide and opression on us.

But hey, aren't billionaires cool?

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[–] Blizzard@lemmy.zip 13 points 7 months ago (1 children)

Fun fact: his last name means a 'dick' in Polish (the most vulgar version of that word).

[–] avidamoeba@lemmy.ca 9 points 7 months ago

Not only in Polish. Pretty sure it's most of Eastern Europe. 🤭

[–] filoria@lemmy.ml 12 points 7 months ago (1 children)

Gee it sure sucks that Evergrande collapsed. What a horrible sign for the Chinese economy!

[–] turkishdelight@lemmy.ml 6 points 7 months ago

Chinese do not fool around. I expect they will make an example of this guy.

[–] Kusimulkku@lemm.ee 6 points 7 months ago (1 children)

Man all these bad news about Chinese property market, hopefully there isn't a collapse there as predicted.

[–] orcrist@lemm.ee 3 points 7 months ago (8 children)

I hope that the property market collapses and property prices go way down. Surely there are large numbers of people who would like to buy property but cannot afford it at the moment. I hope that happens in many countries.

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[–] PoliticallyIncorrect@lemm.ee 5 points 7 months ago

He is fucked.. he is a dead man..

Now do Ken Griffin

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