
Weekly Update: Is China on a Treadmill to Hell?
The Jacob Shapiro Podcast
00:00
The F T's Quote From a Chinese Banker Is, Bail Out the Developers, Give Them the Loans
China's problem is that you have hundreds of millions of people who haven't gotten to enjoy the wealth programme. And what she has to do is redistribute wealth on a massive scale without cutting the knees out from underneath him. So why not take all these empty places in these cities that everybody wants to live in and give them to people, or create housing for these people who don't have housing right now? I mean, there's a lot of things you have to do to get there. But i think maybe they have more levers to do this in a way that makes some sense. If we're thinking about it from an investment perspective, like there still has to be some pain at some
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