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The global market crash everyone sees but no one wants to talk about.

Eurodollar University

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The Problem With the Chinese Real Estate Market

The Chinese real estate markets effectively upon the scheme. The government extended all this credit and people bought and then their homes couldn't get done because developers ran out of money. So they came in and said, hey, we got a fix for this. It seems like central banker logic to me, but it's not coming from the Chinese government. We're back to the same problem. Again, it doesn't make any sense what's going on here. I don't think it's going to work."

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