Is China's Latest Real Estate Bubble Headed For a Fall?

[william the wie]

The sources I have seen seem to be more confused about the situation than I am. How can the world's second largest economy be a Ponzi scheme?

 

[Indeependent]

Lending money to someone who can't pay it back because they're using the borrowed money to buy stuff from you is not a good long term economic policy.

 

[william the wie]

Lending money to someone who can't pay it back because they're using the borrowed money to buy stuff from you is not a good long term economic policy.

True, sort of like the joke I lose a little on each sale but make it up in volume. This is so strange I'm trying to devise a pitch for revisionist Eschatology at church using Chinese economic and reproductive policy to argue that China does/will not have the necessary 200 million men age 18-30 to be the fulfillment of prophecy at the second coming but India does.

 

[barryqwalsh]

The US helped rebuild his country, but President Xi Jinping is determined to push Trump’s America out of ‘its’ Asia, writes Alan Dupont.


The Australian

 

[william the wie]

this is a really big mess.