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HKim0072
South China Morning Post
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Comments by "HKim0072" (@HKim0072) on "Can China learn lessons from Japan’s ‘lost 30 years’?" video.
Wait, so it was the US's fault that RE prices skyrocketed in Japan?
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Interesting. Please expand on "socialism" aspects. Do Chinese citizens get free college? Is there universal healthcare?
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@billinsf88 Jack Ma is equality? What about Xi's siblings and wife's family?
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Haha, you think this is a single regression variable? - What about 30% of the economy that relies on real estate? - What about the current owners who would lose -30% to -50% of their wealth due to house value dropping? Are you that blind to think that wages will go up or stay the same if housing prices drop by -50%?
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@ZweiZwolf The US didn't lose a cent with TARP. Ended up with a $20B profit in the end. You really think western investors are deeply invested in Chinese real estate? 🤣🤣🤣 You really haven't looked at the books of the Chinese RE developers. 85%+ of the debt is all Chinese owned.
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@kishaniramsey5913 lol, Tokyo price to income ratio is 14. Tokyo is fine. Shanghai is 50.
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@thomaslau1214 Hmm, are you really talking about China? lol, trade war didn't happen until the late 2010s. Where have you been? If you are talking about Japan, US had zero impact on Japanese banks loaning money to Japanese firms to speculate. Hard stop.
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