Housing Crisis
I learned this week that China’s housing market is on the precipice of a debt default tidal wave, one that has the world economy holding its breath and could signal a major correction in the post corona-virus stock market.
I think if the market was a force a single individual could predict I’d be in a different profession. The systems delineating prosperity from ruin are something I can’t put into words, but this image
does a lot to sum up the current trajectory of China’s housing economy.
