He is a great example of why it is good to make government connections and do favors etc.
Lol, why do you assume that he has government connections? Maybe he just worked hard and got lucky?
He is a great example of why it is good to make government connections and do favors etc.
Lol, why do you assume that he has government connections? Maybe he just worked hard and got lucky?
Its just another bubble. This time its in China instead of the US. The hot spots move around the globe from time to time.
Once the US economy (completely) tanks, so does China's. We buy their shit - our consumers are the reason for their current prosperity.
Order of events (IMHO):
We buy their shit.
They get rich.
We hit a depression.
We stop buying their shit.
They stop getting rich.
They hit a depression.
Rinse and repeat.
$5k a month? I doubt that, 2008 lambo rental for a day costs $1.5k
Money smuggled/washed from China...