🤣This is hilarious! $BYD invented their own currency to avoid paying suppliers⁉️ 🎩Randy Kirk This is a very, very bad sign for BYD and Chinese EV makers.

@RandyWKirk1 This is a perfect example of why I cannot allow myself to touch Chinese stocks. I know the HSI looks good and all, but the unscrupulous and overtly fraudulent business practices like these just completely undercut my faith in those companies

@RandyWKirk1 😮 I think stress correct that the government won’t let BYD fail

@RandyWKirk1 Im gonna try this with my mortgage next month

@RandyWKirk1 @p_e_cooper

@RandyWKirk1 Build Your Debt. What a great idea 😃

@RandyWKirk1 GMT Research has warned gamblers on BYD for quite some time.

@RandyWKirk1 Sounds like a giant Ponzi scheme to me.

@RandyWKirk1 I wonder what percentage of their suppliers go down the “invoice factoring” route? I suspect it’ll be a higher percentage than expected. Not many factories have the ability to support a line of credit of over 240 days.

@RandyWKirk1 1 year+ to pay and people trading debt. That’s crazy.

@RandyWKirk1 So can I pay my mortgage in JC Coin? Wells Fargo will be fine with this right? 😂