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Merlin Geikie
Lei's Real Talk
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Comments by "Merlin Geikie" (@merlingeikie) on "How Chinese cope with the Evergrande crisis; if our real estate bubble is related" video.
So essentially all that money that would have gone to Western workers in their factories, making appliances and common goods, What went to China where a small fraction was paid to workers making appliances in their factories and the rest went to middle and upper echelons who re-exported that money back to the West to elevate the price of real estate all across America and in Australia and New Zealand and Canada.
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