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Are you joking about Chinese mega-corp? You realize China is desperately trying to avoid catastrophic economic collapse? They have so much malinvestment there h
by alchemist1e9 2y ago
Are you joking about Chinese mega-corp? You realize China is desperately trying to avoid catastrophic economic collapse? They have so much malinvestment there have been emergency discussions between them and the US Treasury. Between ghost cities in China and unfinished empty highways to nowhere (used for embezzlement by their leader fwiw) they are on the edge of collapse. However a disorderly economic collapse in China is assessed by globalist US leadership as against US interests so it’s being careful managed between the two powers.
However back to a hypothetical mega-corp. Let’s say a megacorp buys up blocks of old houses and redevelops it into new supply .. will overall housing prices go up or down? Obviously down! supply increases. However due to fundamentally broken education system that has been coopted by neo-Marxist collectivist gibberish even highly educated and technically literate individuals in western countries don’t understand that. And worse yet they have been trained to instinctively label me and anyone who tries to explain simple empirical economic facts as “racists” or “fascists”.