Chinese real estate crisis only one bubble. Over investment in commercial properties and infrastructure has taken on maniac proportions. China has a tradition of manias eg the Cultural Revolution. The development dynamic is falling apart and will be far worse than run of the mill property bubbles in the US and Europe 2008. China seems to have missed the key to capitalism that investments need to be rational and likely to pay off costs and generate profits.
Great report!!!
Thank you! Glad that you you liked it!
Thank you for explaining this situation.
Thank you! I'm glad that you enjoyed the video and found it helpful!
So! it’s a big Yahoo! & Yehey! for China 🇨🇳 from:🇵🇭
Chinese real estate crisis only one bubble. Over investment in commercial properties and infrastructure has taken on maniac proportions. China has a tradition of manias eg the Cultural Revolution. The development dynamic is falling apart and will be far worse than run of the mill property bubbles in the US and Europe 2008. China seems to have missed the key to capitalism that investments need to be rational and likely to pay off costs and generate profits.
Thanks for your comment.
All these 2.5k people - is it difficult to push the like?!
Matthew 3:2
English Standard Version
2 “Repent, for the kingdom of heaven is at hand.
A standard Matthew? Is that like a standard Karen? And what's with the math question? 3:2 = 1.5, why?
You clearly don't do Bible whatsoever
Ma hajd Boga ti