- 30 Dec 2021 05:14
#15205079
Well, for whatever it's worth, it's the whole *system* that's in crisis now, whether that's post-2000 low-GDP-growth, or the 2008-2009 subprime mortgage crisis, or the imminent bankruptcy of U.S. debt. For China it's the hyper-leveraged housing market, Evergrande, etc.
Patrickov wrote:
From what I see and hear in people around me, as well as the one-sidedness employed by the Chinese government and their collaborators in Hong Kong.
Well, for whatever it's worth, it's the whole *system* that's in crisis now, whether that's post-2000 low-GDP-growth, or the 2008-2009 subprime mortgage crisis, or the imminent bankruptcy of U.S. debt. For China it's the hyper-leveraged housing market, Evergrande, etc.
- By Rich