Uh oh.
Uh oh
Caleb Perry
Colton Moore
Mind boggling how short sighted these dumb fucks are.
Eli Ortiz
China collapse? Chinese banks halting fiat? Bitcoin only way to save asia?
We did it boiiss
Bentley Sanchez
FULL FAITH AND CREDIT
Jeremiah Morales
I've been hearing about this china real estate bubble popping for nearly 2 decades. It's not happening, not this year or in the next. Still more the enough Chinese left to keep this bubble afloat for another decade
Nolan Brooks
>2 decades
I literally bet you can't find a source going back that far to prove this, let alone 15 years. I've not heard about the bubble till the last couple of years and I am old af
Ayden Smith
Chinese need four houses at least to store all their American dollars
Nathan Cox
chinese have black market for capital outflows now
Jose Anderson
Exactly, most of the bubble talk came out after the recession.
Robert Ortiz
spotted the illiterate
businessinsider.com
Gabriel Sullivan
That was centralised in Hainan as the government started throwing investment into province during the 80s. Investors soon followed and banks gave them easy access to loans. When the bubble popped banks only a lost a few billion dollars, the bubble today is worth trillions in loans that may never be paid back.
Connor Russell
>asked to provide source from last 15-20 years
>provides one from 2011
>calls another poster illiterate
Why chinks so retarded?
Elijah Ward
Chinks don't get the reputation out of their ass user
Parker Anderson
I lived in china for several months back in 2010. I cant believe it has lasted this long.
Cooper Brown
zerohedge.com
>China have exploded sevenfold from 3 trillion yuan ($430 billion) in 2008 to 22.9 trillion yuan in 2017
22.9 trillion yuan = 3+ trillion USD.
Dominic Diaz
Bubbles will always go higher and last longer than you think.
Logan Sanchez
This. Those empty cities I've heard off back in 2005 are now bustling with people. China is doing fucking AMAZING, even plebs get a piece and standards of living are going up.
I'm long NIO as well, they're gonna need to reduce their pollution levels or they're medically fucked and they know it
Ryder Moore
Some of the wisest words I’ve seen on this board
Christian Adams
Its not just Beijing. I live in New York City and there are whole buildings that are 'full occupancy' with not a person living in them. I swear chinks own half the real estate in the city.
Lucas Bennett
I hope everything fucking crashes for them so they can get the fuck out of the western housing market if they aren't even buying homes to live in.
Chase Sanders
It's the only way the average chinamen can invest. The government has grown an incredibly dynamic capital market, and it's not even close to running out of steam.
Isaac Robinson
U have the same chart for other countries ?
Lucas Flores
China will dominate you
Jordan Richardson
China will be lucky to see 2050.
Chase Harris
Wrong. Its the only country that plans beyond 4 yr increments and has the will to get shit done.
Anthony Carter
Actually this. No I am not Chinese.
Luis Ross
Fuck off CCP shill. Ghost towns are all over the fucking place and commercial RE in anything below Tier 1 is a fucking disaster. Vacancies everywhere. It is such in-your-face malinvestment yet everyone acts like it will somehow all end well. Here's a hint: it won't. The more the Chinese play this retarded game, the poorer they will become in relative terms to the rest of the world.
Brody Stewart
>Believing this hard in central planning