Have you seen this video?
https://www.youtube.com/watch?v=ffO3VxzQReM
It’s about the pending collapse of the ChiCom real estate bubble.
“It’s about the pending collapse of the ChiCom real estate bubble.”
Again?
Everything else has been in a pending collapse all my life, why not Chinese real estate?
All of china is on shaky ground- the real estate, the economy and the military.
There was a great article in The Epoch Times a few weeks ago about the sorry state of the Chicom military; no combat experience, total corruption, promotions are almost solely bought and sold.
Some of you are missing his point. The problem with crypto is that it has democratic distribution, and is even heavily saturated in communist countries (even though 'outlawed' lofl) in personal holdings; and many of those mandarins hold crypto as their greatest asset, their only asset (hello, communism).
Apartment not worth spit, no ronger refi, must still eat bang bang shrimp, ru unroad Ritcoin!
It's remarkable that BTC could lose more than half their value, recover, then lose over half again, in less than 12 months...
Where hath history witnessed a bubble acquire a late-stage vortex before? Gee, I can't imagine...but surely a Terribly Unbelievably Lame Investment Protocol.