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Yeah have been monitoring this and it could end up quite the shitshow.

I think it'll cause another drop into the teens for BTC just from contagion.

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the state of real estate in China, ADV China 2018
https://www.youtube.com/watch?v=XopSDJq6w8E

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If china’s real estate market shakes the rest of the world, get ready for another dump. We will see. Pretty obvious ponzi.

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As much as I would like to gloat about the fall of the communist empire, this is no joke. Billions of people who worked to escape poverty will lose everything.

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