Comments by "" (@thomasherrin6798) on "‘This Is Bad’ - First Loan Contraction EVER | Chinese Economy | US-China: Good, Bad \u0026 Ugly" video.
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@oltedders Neither does China, it has around 500,000 occupied houses (70 Trillion USD) 90,000,000 million unsold homes (10 years supply - 15 Trillion USD, but they build 6,000,000 new homes per year so 17.5 years currently!) and 60,000,000 (5 years supply - 10 Trillion) of not likely to be built but paid for homes, this means the GDP amount should reduce by 50% overall, the house prices by 50% overall, and banks by who knows, but catastrophic!?!
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