2min chapter

Animal Spirits Podcast cover image

Talk Your Book: Investing in China

Animal Spirits Podcast

CHAPTER

The Stock Market Is Not the Economy

Stockmarket is not the economy, especially in china. They have a hundred and 28 cities with over a million residents. For reference, the united states has about 20. A lot of that gap has been filled. There are these ghost cities built. And then cities keep expanding and expanding and expanding,. Eventually it happens where it becomes part of a suburb. It's an emergin market, or it was for a while still.

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