"I maxed out one million on my credit cards and fled the USA…
Fellow netizens, I'm graduating from university and about to leave. Before returning to China, I maxed out my credit cards from various banks (personal and business cards totaling $140,000. Equivalent to 1,000,000 CN¥!!!)
A big thank you to Chase, Citibank, and American Express for supporting me over the past three years. as Although your banking services are excellent, I always remember that I am Chinese and my mission is to revive China!
Let me use this first pot of gold in my life to contribute to my motherland! This is also a strong blow to American imperialism!!! A final lesson for American capitalists!!!"
I wonder what they bought with all that credit 🤔
Ahaha jokes on him! That credit was printed out of thin air! Those companies will just write down the losses and move forward.
I have thought about this doing exact same thing and fleeing into Bitcoin.
When I was a foreign student in the US, my first ever credit card was Discover. I and my wife applied online. Due to some glitch in their systems, they started sending us two new cards EVERY DAY. I don't remember now, but I think the numbers were all the same. They only fixed the glitch in two weeks and cancelled all the cards. With scotch tape I built a large house of cards on my desk. Still funny.
Oh, and when I built a good credit history and had many cards, I maxed balance during interest free period and invested in US savings bonds for a year. )
This will play bad for him I suppose. Making this sort of moves can't be consequence-free. US and China have an economical treaty and I am pretty sure this part (aka debt) is also included.
But before checking the economical thing, is this for real or just trolling?
Do credit cards in the US do 140k$ in cash advance?
not true
and if it were, it's still stupid
Okay I mean… that's pretty freaking smart…. I mean China isn't going to turn its people over so 😅
HAHAHA lol, beautiful.
Wild story Maxing out $140k in credit and fleeing like it's some kind of mission is insane. I wonder if they spent it on crypto, luxury goods, or just a big “final flex” before flying out. But good luck dodging international collections these banks don’t play around forever. Still, this feels more like financial escapism than patriotism.