this post was submitted on 12 Mar 2024

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China's housing minister says real estate developers must go bankrupt if necessary (www.cnbc.com)

submitted 6 months ago by schizoidman@lemmy.ml to c/worldnews@lemmy.ml

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[–] FiniteBanjo@lemmy.today 1 points 6 months ago

That's basically the entire definition of what a Ponzi Scheme is, though.