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492 sats \ 4 replies \ @siggy47 8 Dec 2023 \ on: China: Real Estate Still Crashing econ
How do you see this ending in China? I assume there are many angry speculator homeowners with unbuilt apartments. What about capital flight? Is that reaching a peak at this point?
Nobody that I know would be touching chinese markets now. Their apparatus is so strong that they can let go these shadow banks under and consolidate the real estate sector. But they are debasing the Yuan fast.... could make up a nice cover story for the EU sliding into the toilet. The US will be benefiting if they can finally get rid of the Davosian commies and re-build under the ''rule'' of private formation of capital.
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Best case, but unlikely scenario.
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Wait for it... the destruction done by these people will lead to a reaction
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I found this data point. If we habe a need of valid data let mr market speak.
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