Consumer Debt Just Hit Dangerous Levels, China Collapse Gets Worse, Labor Market Weakening
Rebel Capitalist News
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China's Real Estate Collapse: Lessons from Past Crises
This chapter explores the dramatic decline of the Chinese real estate market, comparing it to past collapses in the U.S. and Japan. It examines the repercussions on household wealth, purchasing power, and underlying demographic and economic factors influencing the crisis.
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