regarding the China investment property scenario - my wife is
Chinese, anyway told me that the Chinese Gov came out and said that
the property was not allowed to fall LOL, not sure how they will
accomplish that. And as history goes things like that, some forced
control eventually end badly
Posted by fredsaid on 11th of Oct 2021 at 03:44 pm
The US real estate crash in 2008 coincided with quite the market
slide. I think there is a potential scenario where a Chinese
real estate crash (loans secured with fake gold) would help unwind
the paraboloc quarterly charts (at least)... wether backed by the
gov or not. JS
Article on China's real estate bomb
Posted by matt on 9th of Oct 2021 at 03:03 pm
https://www.zerohedge.com/markets/catastrophic-property-sales-mean-chinas-worst-case-scenario-now-play
- 62 Trillion LOL
in China 29% of China's GDP is from this asset class, compared to in US only 6.2%
regarding the China investment property
Posted by matt on 11th of Oct 2021 at 01:38 pm
regarding the China investment property scenario - my wife is Chinese, anyway told me that the Chinese Gov came out and said that the property was not allowed to fall LOL, not sure how they will accomplish that. And as history goes things like that, some forced control eventually end badly
https://www.zerohedge.com/markets/catastrophic-property-sales-mean-chinas-worst-case-scenario-now-play
The US real estate crash
Posted by fredsaid on 11th of Oct 2021 at 03:44 pm
The US real estate crash in 2008 coincided with quite the market slide. I think there is a potential scenario where a Chinese real estate crash (loans secured with fake gold) would help unwind the paraboloc quarterly charts (at least)... wether backed by the gov or not. JS
2 years later ...
Posted by fredsaid on 17th of Aug 2023 at 08:07 pm
2 years later ...