THE CHINA HUSTLE

Capitalism, as The China Hustle supposes, isn’t just a way for hardworking people to get ahead, it’s the perfect system to con, cheat, and fraud your way to the top. The hustle in question: reverse mergers that allowed roughly 400 Chinese companies to be traded on Wall Street (100 of which are still trading and worth $1.1 trillion) resulting in a severe economic crisis. As the talking heads explain, Chinese companies are not allowed to be listed and publicly traded on the NYSE and NASDAQ. But if the Chinese company in question merged with an American company that had previously … Continue reading THE CHINA HUSTLE