They have an absolutely massive real estate/debt bubble. It WILL burst sooner or later. They always do. Think ghost cities. Research just what % of apartments in China sit empty. If you think our level of debt is bad, China’s is 2.5 times what ours is. When it bursts, it is going to be extremely painful for them.
>>>China’s is 2.5 times what ours is. When it bursts, it is going to be extremely painful for them.
Is this pure socialism at its best? Hey Bernie!!