A 2012 article based on the work of Steve Keen. But China hasn't collapsed yet.The Fall of the Communist Dynastyand The Looting of China touched on the widespread fraud that has become apparent, both in mainland and US listed Chinese companies. I also showed that an extraordinary number of the Communist Party and the military cadre had massive unexplained wealth, with the Top 70 recording a net collective worth of over billion. This week Bloomberg was banned by the Chinese government for reporting the incoming presidents families assets at over 7M.Business Insider Craig Tindale - These Chinese Frauds Could Be The Tip Of The Iceberg
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The Fall of the Communist Dynastyand The Looting of China touched on the widespread fraud that has become apparent, both in mainland and US listed Chinese companies. I also showed that an extraordinary number of the Communist Party and the military cadre had massive unexplained wealth, with the Top 70 recording a net collective worth of over $80 billion.
This week Bloomberg was banned by the Chinese government for reporting the incoming presidents families assets at over $367M.
Business Insider
Craig Tindale - These Chinese Frauds Could Be The Tip Of The Iceberg