jack ma (alibaba) said SIKE on the 1 million jobs promise

BoBurnz

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Chinese publicly listed companies are almost uniformly smoke and mirrors. Alibaba makes money and is more legit than something like those paper plants that claimed to do $100M in production and distribution a year but had a facility that couldn't even do $5M a year, but it's still mostly bullshyt IMO.

When the rampant, overwhelming corruption crashes down on the Chinese govt, and it will it always has throughout history, it's gonna be ugly beyond all measure.
 

newworldafro

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In the Silver Lining
Chinese publicly listed companies are almost uniformly smoke and mirrors. Alibaba makes money and is more legit than something like those paper plants that claimed to do $100M in production and distribution a year but had a facility that couldn't even do $5M a year, but it's still mostly bullshyt IMO.

When the rampant, overwhelming corruption crashes down on the Chinese govt, and it will it always has throughout history, it's gonna be ugly beyond all measure.

Broken China .... :sas2:
 

Harry B

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Chinese publicly listed companies are almost uniformly smoke and mirrors. Alibaba makes money and is more legit than something like those paper plants that claimed to do $100M in production and distribution a year but had a facility that couldn't even do $5M a year, but it's still mostly bullshyt IMO.

When the rampant, overwhelming corruption crashes down on the Chinese govt, and it will it always has throughout history, it's gonna be ugly beyond all measure.
Alibaba is listed on NYSE.
Do you really think China can make such investments, erase 100s of million people from poverty, create most millionaires and all that shyt on some scam that no one can see? :comeon:

Yes GDP-numbers etc are artificial, but even when you get external estimates on average they've been close to the official artificial ones that they report.
 
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