4 ms·
The trailer sounds like typical documentary crap. I'll reserve my opinion for now. PS: This seems to be implying that the Chinese economy is all hot air, but n
by fellellor 9y ago
The trailer sounds like typical documentary crap. I'll reserve my opinion for now.
PS: This seems to be implying that the Chinese economy is all hot air, but none of the characters in the trailer looked like Chinese. If the banks sold a nonsense China story to "mom" and "pop" investors who know nothing about China, then what makes these guys so much more knowledgeable? Also, one shit company exposes the entire Chinese economy now? Aren't there any mediocre companies in the US? This extrapolation needs a lot more explanation.
As someone who know nothing about this, whats likely is that some people in the US have way too much money in their hands and seemingly nowhere to put that. So they looked at China and pumped too much money there following a herd. To call that a conspiracy and a financial crime seems like a huge leap.
I mean the same is happening in Indian stocks which are at a stupidly high level. It's more investor stupidity than some grand conspiracy.