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Frostie-Flake
Lei's Real Talk
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Comments by "Frostie-Flake" (@PlanetFrosty) on "How Chinese cope with the Evergrande crisis; if our real estate bubble is related" video.
Good discussion, Lei. The Chinese Real Estate bubble crash soon to come reminds us of the real fraud. NYC is a perfect example “fake prices” and corrupt loans based on valuations created from high prices, but empty commercial and other spaces. It’s not real. A house of cards as are LA, San Francisco and more. We are too in bubble.
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Chinese Real Estate is a CCP illusion built from notion they actually “own” something and have real property rights. The value of real estate is dependent on CCP not taking it from you.
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The WEF “You’ll own nothing and be happy.” The dystopian CCP style mentality is morally and ethically bound to fail. The chives then push back against the fraud of global neo-communism of the CCP.
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