47 sats \ 3 replies \ @Undisciplined 24 Oct \ on: Where do we stand in the international debt race? econ
Do you recall reading about a new real estate stimulus program in China? I think it was in the news a couple of weeks ago.
Just like America, they may not be willing to let that sector deflate (not that they can stop it).
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49 sats \ 1 reply \ @Solomonsatoshi 24 Oct
Western investors took a huge hit on Evergrande. https://fortune.com/2024/02/08/evergrande-liquidation-99-percent-haircut-hedge-funds/
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0 sats \ 0 replies \ @Undisciplined 24 Oct
Interesting
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33 sats \ 0 replies \ @TomK OP 24 Oct
They are trying to re-inflate it or at least help banks getting out of the deflating credit. But in the end market powers rule
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