This will be very interesting to watch.

China created more billionaires than the U.S. Now it is cracking down.

Thanks to @Doug Senko for the original post.

I can hardly believe the CCP would actually give the money to “the people”. But it will be interesting to see whether they can take it from the billionaires.

This is also interesting from another perspective: In the US, the “government” would never take money from the billionaires, because the billionaires own/are the government. Perhaps this is not yet true in China? (Give it a few days.)

If this is real, then it will be a most interesting experiment to watch. And if they really do what they claim they plan to do, then it will bump my opinion of China up a few notches.

#China #Billionaires #redistributionOfWealth #Socialism

https://www.nbcnews.com/news/world/china-created-more-billionaires-u-s-now-it-cracking-down-n1278438