42 sats \ 1 reply \ @TomK OP 19 Jun \ parent \ on: China's housing market continues to deflate econ
Didn't the Chinese government announce two or three weeks ago that it would finance the next big round of subsidies for the real estate market? I don't think they are much smarter than we are and will simply apply the old Keynesian recipes.
I didn't hear that announcement, but it doesn't surprise me at all.
reply