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4min chapter
Is China's Economy in Trouble?
Ones and Tooze
The House of China's Housing Bubble
The bursting of the chinese real estate bubble. How did this bubble inflate in the first place, and then also to look at the response to this bursting bubble. It seems like china has been lowering interest rates. And i was curious, yes, what are the risks of doing that? In the rest of the world, where we see other countries essentially universally raisng interest rate. So how does that off all fit together? Adam ye, to think of this is a housing bubble in the conventional sense rather understate the drama of what we're talking about. To call it a bubble just sort of under states throham.
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