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+--- Thread: Evergrande? (/Thread-evergrande)
Evergrande? - Gordon Chen - 09-20-2021
What do you think about the real estate bubble going on in China?
RE: Evergrande? - Guest - 09-20-2021
Yeah that Chinese bubble could set off a chain reaction in fact it will but to what extent remains to be seen. In the short term I real estate prices will drop like a rock around Asia. Good time to buy something for those with cash.
It's all a big scam. At the end of the day but basic supply and demand economics generally apply. Cash is king in times like this... The bankers did the same shit they did at Lehman Brothers in 2008 but this time they took 3 times more
RE: Evergrande? - Gordon Chen - 09-20-2021
Any news reports in Asia about small business closure?
RE: Evergrande? - Guest - 09-20-2021
The timing of it is clearly planned and can be quite telling on many levels
RE: Evergrande? - Guest - 09-21-2021
Well, the chain reaction is starting with the US stock market taking a significant hit. It will be interesting to see the behind the scenes power moves in the coming weeks.