Steven Van Metre: A Severe Depression Just Hit China’s Property Market as Sales Crash

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Steven Van Metre
Aug 31, 2022

China’s property market is in a severe depression as sales are crashing. Developers are scrambling for cash and have even started issuing government-backed bonds in a desperate bid to stay solvent. China’s problems are symptoms of a global dollar shortage and an overly aggressive Fed hiking cycle.

https://www.youtube.com/watch?v=s8MVdES0dOU

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