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Title: "Catastrophic" Property Sales Mean China's Worst Case Scenario Is Now In Play
Source: [None]
URL Source: https://www.zerohedge.com/markets/c ... s-worst-case-scenario-now-play
Published: Oct 9, 2021
Author: Tyler Durden
Post Date: 2021-10-09 02:21:15 by Horse
Keywords: None
Views: 264
Comments: 8

No Ponzi scheme can continue if the participants lose faith in a favorable outcome, and at $62 trillion, China's housing sector is the world's biggest Ponzi scheme.


Poster Comment:

$62 trillion is more than I thought. No wonder the pros are worried about a worldwide collapse.

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#1. To: Horse (#0)

So maybe China won't be filling the American void and adding us their territories after all?

NeoconsNailed  posted on  2021-10-09   3:54:21 ET  Reply   Untrace   Trace   Private Reply  


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#2. To: NeoconsNailed (#1)

I have said before that China would collapse. We entered a Grand Solar Minimum. No Chinese government has ever survived a GSM.

Horse  posted on  2021-10-09 07:29:20 ET  Reply   Untrace   Trace   Private Reply  


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