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Strategies & Market Trends : The Financial Collapse of 2001 Unwinding -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (12898)	8/12/2024 2:58:29 AM
From: Elroy Jetson	Read Replies (1) \| Respond to of 13775

China has invested about 42% of their private savings into homes, mostly empty homes - most not even fully finished inside. China has built almost three homes per Chinese family as their primary investment for the future. Coupled with a rapidly shrinking population, this will prove to be a crackerjack investment. If their "export model" fails fortunately China has enough foreign currency to pay their bills for about two months, then they have to de-Dollarize. Fortunately Xi has made himself into an absolute dictator eliminating all potential replacements and suppressing most economic innovation.