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Thread: What do you think of those drivers who kill animals on the road by accident?
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[quote=SUNNYDREAM,478187]Wan, They are concerned about everything but never take actions to deal with the issues properly. In 2008, the government put 4 trillions into the market. As a result, the real estate boomed and the housing prices went to its peak and never went down again even though a series of measures were taken to control the housing prices. This year, the central government didn’t print out too much money but the NDRC (national development and reform commission) has approved of many projects, aiming to curb the possibility of economic downturn. Where is the money from in order to build those projects? The local governments have to figure out a method to collect the money. I am not sure if the government notices the macro-control policies have influenced ordinary people’s lives too much. The living cost is rising quickly but people’s salaries don’t come up with the rise of the living cost. Then the government orders to increase the basic wages. However, they don’t give much help to those private companies. Some of the private companies face bankruptcy because it is too difficult for them to get loans from the banks. The banks prefer to lend money to those state-owned enterprises even though they have been suffering big losses for long time. Thanks to them, I have to pay more money for meals and rental. I am not an economist. I just think that keeping printing money is no good. Also, it is too stupid to rely on the real estate industry too much. Wan, you probably know that the local governments are happy to sell land to those real estate enterprises. It is the easy way to increase the revenue and contribute to GDP growth. [/quote]
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