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Vale Tudo
DW News
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Comments by "Vale Tudo" (@valetudo1569) on "New data spells bad news for China's economy | DW News" video.
@PewterThos In addition to this, the fact that about 70% of Chinese household wealth is in housing and the prices are now falling means peoples net worth are going to decrease by a lot. This has a lot of negative implications for consumption and the economy as a whole.
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Your comment shows you understand nothing
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@mjabb02 Please show me where I said people wouldn't be able to buy food?
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@mjabb02 Go look up "economics of consumption" and "negative wealth effect" and then come back and talk to me. You have opinions about things you know nothing about
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