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RE: LeoThread 2025-08-22 08:58

in LeoFinance2 months ago

doing. You're putting a tax on every Chinese citizen. Well supposedly the Soviet Union in its heyday produced cars that had negative equity because they actually had to take the cars apart for the parts. The actual commodity that went into creating the car was worth more than the final product. Yeah, exactly. And you get a lot of that with Chinese comparisons between steel that's of less value than cabbage and things like that. Think of the amount of energy and resources that were required to dig all that iron ore out of the ground in Western Australia, stick it on barges, haul it up to China, put it into these towers. And then you're going to, I'll tell you, there's a city in Ordos County in Inner Mongolia which is the biggest county for coal in China where their solution to the bubble breaking was actually to blow up the buildings to rebuild them. That's very funny. And that was proposed. I don't know whether they eventually did it. They ended up with these huge... There was some (52/57)