fauxgrass·16 anni fa·discussPersistent bulls will eventually be right, given long enough time, to call out the bubbles. A broken clock is right on time twice a day. Many bulls long on the bubble leading upto the 2008/2009 crash had lost their shirts.
fauxgrass·16 anni fa·discusshow is giving someone a house they can't afford any different than leaving it empty? its a dead asset either way
fauxgrass·16 anni fa·discussChina's economy has been turbulent over the past 30+ years, but with a lot of saved moneyjapan has the highest personal savings rates in the world yet their economy falls further into the toilet. this is a non-sequiterHigh GDP growth at this stage in China's development doesn't mean it's definitely a bubbleevery, EVERY debt chart in china has gone parabolic. if this isn't a bubble, then our housing market up until 2008 wasn't a bubble eitherChina is complex and our understanding of their society and economy seems poor at best? china's economy is being very well documented. you just don't seem to like the data so you're dismissing it as conjecture