/biz/ - Business & Finance

Google Chinese ghost cities. The current credit bubble in China is 4.5 times larger than the credit bubble in 2008 for America. Did the 2008 credit bubble fuck the world economy? Oh, then what happens when the Chinese one pops? Do your fucking research.

What happens when you build trillions of dollars worth of housing that no one can afford, which all have mortgages but no tenants... AND the buildings fall down within 3 years because they’re poorly made?

Full time trader here.

Bet that gold will perform well against the Chinese Yuan.

Look up Chinese ghost cities. The Chinese debt bubble is 4.5 times larger than the American debt bubble in 2008.

This is the best long term position you can take.

>>13453250
>Recession cancelled
Thats not how any of this works.

>>13139741
Everything is perfectly normal. No problems here.

>>13127243
>tfw its going to be so much worse than 2008

We’re seeing the largest credit bubble in human history.

Empty shacks with no tenants and a mortgage, what could go wrong?

China’s economy is built on unsustainable growth and when that falls it’s taking the rest of the world with it.

Think about this.

When the US housing bubble popped, it took the world economy with it. What do you think would happen if that debt was almost five times as large?

That’s the Chinese debt bubble. It’s not a theoretical, that’s actually happening. The bubble will pop when China stops building ghost cities. Given they’re already 85 trillion dollars in debt from this alone, that will happen soon.

https://www.youtube.com/watch?v=XopSDJq6w8E

https://youtu.be/xcIIi7gsqjQ

Pro trader here. You’re all fucked. The Chinese debt bubble has almost five times as much debt as the 2008 housing bubble. Watch this video and you’ll understand. What happens when you have trillions of dollars worth of empty buildings, all with mortgages, and no one paying rent?

https://www.crescat.net/wp-content/uploads/Bear-Market-Rally-Sets-Up-Opportunity-For-Crescat-Strategies.pdf

Take the time to read this. You won’t regret it. The entire world economy is about to enter the largest depression in decades.

>check if your housing market is overvalued before you fuck your self for the next 30 years please.
When you buy you suscept yourself to risk.
The current market is incredibly high risk.

No. You’re welcome.