A previous credit score so low that it crashed the world economy in 2008 when Countrywide made thousands of risky loans to Kangs of color. These loans were complete garbage and nobody wanted to touch them in their investment portfolio, so rating companies like S&P, Moody's and Fitch all collaborated to give these Kang loans a fake higher score. These loans caused rolling defaults when the Kangs of color predictably defaulted on them. This caused the entire system to collapse and were it not for the government stepping in, the Kangs would have destroyed the world financial system.
It's 2023 and the Kangs are back. After years of printing money and then later trying to raise interest rates to control the out-of-control inflation, the US government is realizing the asset bubble they created is leaving behind the Kangs who can't afford property. The Kangs of color don't pay their mortgages but there's a new scheme to shoulder the burden on the responsible white people. It's not enough that the banks and government make AAA-rated reliable money on white mortgage payers, they're now going to put a Kang tax on all mortgage payers with a credit score of over 750. This is a risk-avoidance scheme to punish whites further and to prop up the Kangs of color.
When the Kangs default on their mortgages, the banks will just reclaim the property and sell it at a profit to whites. All the while they'll still be collecting the higher mortgage Kang tax from the whites as well.
It's 2023 and the Kangs are back. After years of printing money and then later trying to raise interest rates to control the out-of-control inflation, the US government is realizing the asset bubble they created is leaving behind the Kangs who can't afford property. The Kangs of color don't pay their mortgages but there's a new scheme to shoulder the burden on the responsible white people. It's not enough that the banks and government make AAA-rated reliable money on white mortgage payers, they're now going to put a Kang tax on all mortgage payers with a credit score of over 750. This is a risk-avoidance scheme to punish whites further and to prop up the Kangs of color.
When the Kangs default on their mortgages, the banks will just reclaim the property and sell it at a profit to whites. All the while they'll still be collecting the higher mortgage Kang tax from the whites as well.
by Jim Crowing May 1, 2023
Get the Kang (Revised)mug. 
Get the kang zhengmug. Cheng Kang is the name of a strange but friendly guy. He shouts a lot and is sometimes racist or tries to humilliate his friends. He is very good at science-related topics, but is the laziest guy with literature. At the end, as any chinese guy, his got his parents shouting at them because he did not score the highest grade of the exam. Cheng Kang is sexually very active (actually, nearly pervert) but is horrible at flirting with girls. He is a bit mad and will do crazy things, but he at the end is a great friend. Everyone asks him for homework because he always has it perfect except when he can't be bothered to complete it.
by HUMACAO_LTRR November 22, 2021
Get the Cheng Kangmug. Jessie is the most spectacular person you will ever meet in your life. There are only a few people that can make you genuinely excited for the day ahead, and she is one of them. Her presence lights up the room and she can dance like nobody's business. Her humor is contagious and her weirdness and unapologetic authenticity just make you love her even more. She is relentless and sassy, but so bratty and cute that you can't really get mad at her. She is completely aware of her flaws, but accepts them and doesn't let them define her. Also not to mention her hot bod and stunning looks <3
by boiledcabbagesss November 24, 2021
Get the Jessie Kang Zixinmug. by wadfsadfsdasffdas April 19, 2024
Get the kangmug. When u light the floor below you on fire, while enduring the pain beneath your feet, you procede to buttfuck your lover, when you are about to cum, you scream like Liu Kang, and punch your lover in the spine.
by ASTRO_WRLD January 15, 2022
Get the The Liu Kangmug. by soundcloud rapper type beats August 24, 2018
Get the Kangmug.