mincon4747

China's economy is crashing, and Chinese government is panicking.

China's fast descent into totalitarianism is fascinating and scary. One can easily replace 'bitcoin executives' with 'foreign executives' or 'foreign assets' and see where this is going. I wonder if those companies that choose to outsource all the jobs in their country to China realized what they've done.

um, where have you been the past 2 years? China's stock market crashed, its forex reserve down 1 trillion, its millionnaires fleeing the country, it has imposed massive (but ineffective) capital control to prevent any money from leaving, its gdp/debt ratio way above 300%, its economy propped up by shadow debts.