schizoidman@lemmy.ml to

World News@lemmy.mlEnglish · 1 year ago

China's housing minister says real estate developers must go bankrupt if necessary

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China's housing minister says real estate developers must go bankrupt if necessary

schizoidman@lemmy.ml to

World News@lemmy.mlEnglish · 1 year ago

China's struggling property developers won't be getting a major bailout, authorities indicated, warning that those who "harm the interests of the masses" will be punished.

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HobbitFoot @thelemmy.club
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1 year ago
So what are you going to do with the millions of people relying on that for their retirement savings?
- Holyginz@lemmy.world
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  1 year ago
  🤷‍♂️
- explodicle@local106.com
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  1 year ago
  IMO Social Security is a better solution because not everyone has extra money to invest, and any class of investment can crash.

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