Here's the catch though: if those funds just prop up failing factories and bloated infrastructure projects, you're not solving anything—you're buying time. Meanwhile, local governments hemorrhage their fiscal reserves. Once the band-aid needs to come off, there's nothing left in the budget to actually tackle the root problems. It's kicking the can down the road until there's nowhere left to kick it.
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PanicSeller
· 9h ago
Basically, it's like drinking poison to quench thirst; sooner or later, you'll have to pay the debt.
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FUD_Vaccinated
· 9h ago
It's a classic case of drinking poison to quench thirst; throwing money into it won't save the mess.
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AirdropworkerZhang
· 9h ago
There's really nothing wrong with what you're saying. This kind of massive liquidity injection ultimately is just closing one's eyes to reality. A bunch of zombie companies are holding on stubbornly, and local finances have already been drained. When the wind shifts, who will come to clean up the mess?
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ThesisInvestor
· 9h ago
Basically, it's like drinking poison to quench thirst; sooner or later, you'll have to pay back the debt.
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ApyWhisperer
· 9h ago
Nah, this is a classic case of drinking poison to quench thirst. Eventually, you'll have to pay the price.
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PessimisticLayer
· 9h ago
That's the problem... pouring money in still results in a failed project, and the local government's wallet has been drained just like that.
Here's the catch though: if those funds just prop up failing factories and bloated infrastructure projects, you're not solving anything—you're buying time. Meanwhile, local governments hemorrhage their fiscal reserves. Once the band-aid needs to come off, there's nothing left in the budget to actually tackle the root problems. It's kicking the can down the road until there's nowhere left to kick it.