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Samson Soturian
The Plain Bagel
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Comments by "Samson Soturian" (@samsonsoturian6013) on "Evergrande Files Chapter 15 Bankruptcy Protection - The State of Chinese Real Estate" video.
Caveat to the falling house prices: The fall is much more severe than you think because there is very little trading volume and in some cases the only buyers are state firms bailing out their cronies.
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"Less developed" is an oxymoron since living standards are low across the board. There were some cities offerring ok wages for a time, but their cost of living was sky high while in rural regions cost of living was low but so were wages
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Fair coverage is a bit of a weird term when China, the country, runs a ponzi scene
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It was always opaque
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We use to invest in that country
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Except there's nothing happening
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Kinda. They're having heavy inflationary pressures due to real counterfeit bills and aggressive monetary policies, and extreme deflationary pressures due to falling wages, de-banking, and deliberate export of Yuan @johnyossarian9059
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I don't know, according to certain people on YouTube pretending to be from Anglophone states, the statement "Chinese real estate is loaded with ponzi schemes" counts as "racist bullshit." @creepersonspeed5490
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