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johannesalthusius they/them '); DROP TABLE Users;--  1d ago (x.com) 452 thread views #328686 earned 184 coins from votes

The People's Republic of China continues the socialist revolution by bailing out her banks for 1 trillion yuan :marseyxi: :pepemoney:

https://x.com/BaldingsWorld/status/1872135170343727360

!anticommunists !asians

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That doesn't seem like much money tbh :marseyrabbitnewyear4:

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I think it converts to like 30 dollars Canadian

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Compared to, say, the amount the US Government spent on the 2008 bailout, it's not that much; adjusted for inflation, that was something like $550 billion. Though that was, more or less, paid back in the end.

At the same time, "not as bad as one of the worst financial disasters ever" is a bit of darning with faint praise.

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