A record 8.5 million Chinese borrowers are now blacklisted for not paying their debts, a report says. They're feeling the same financial pressures as Americans.
www.businessinsider.com
Chinese consumers are defaulting on their credit cards, mortgages, and other debts in droves. Americans are also feeling financial pressures today.
  • hitmyspot@aussie.zoneEnglish
    1·
    7 months ago

    I assume that is self made millionaires. They are likely entrepreneurial with a higher risk of failure in doing so, but greater rewards when succeed.

    Inherited millionaires are likely risk adverse.