More Signs Of China’s Decline Authored by Milton Ezrati via The Epoch Times (emphasis ours), More signs have emerged testifying to the severity of China’s financial woes. Local governments seem to have become so cash-strapped that they have resorted to paying their bills with unfinished and unbought apartments left by the nation’s ongoing property crisis. A general view shows Evergrande residential buildings under construction in Guangzhou, in China’s southern Guangdong Province, on July 18, 2022. Jade Gao/AFP via Getty Images This kind of barter constitutes a slide back into the sort of primitive economics usually associated with third-world economies. It… — Continue at ZeroHedge News : Read More
