The temptation for any government is to paper over its financial problems and let the situation feaster. China forced the savings of its citizens to all flow into real estate, [Read More]
Federalist Determining the size of a market correction is extremely difficult, but if the 2008 crash is an indicator of what’s in store for us today, then if the current [Read More]
There are 1.4 billion Chinese, yet the nation has 50 million homes sitting vacant. Because of all the government incentives to over-build, the Chinese have been putting up cheap, junky [Read More]
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