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BTC091 (Part 2): Bitcoin Mastermind Group 3Q 2022 w / Jay Gould, Jeff Ross, and Joe Carlasare
We Study Billionaires - The Investor’s Podcast Network
What Are Your Thoughts on China Real Estate?
Jeff Yang: I just think was it unexpected? Right. It's sort of like we all saw what happened with COVID and the whole shutdown and then flooding people's accounts with free money. So at some point, this comes home to Roost. At some point you have to pay the bills and they're seeing it right now. The tide just went out for China, the China real estate market. He says he finds China so hard to study and analyze because their data is so questionable.Yang: Where's the systemic risk? What transforms this from a garden variety correction or a mid-cycle correction that some of the CNBC people keep pounding the desk on to something systemic?
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