News: Largest Asset Class In The World Is On The Brink Of Collapse
Rebel Capitalist News
Intro
This chapter examines the severe downturn in China's real estate market, which has seen a $18 trillion loss in wealth, drawing comparisons to the 2008 U.S. financial crisis. It discusses the ramifications of this collapse and its potential impact on the global economy, particularly concerning similar trends that could arise in the U.S. market.
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