Even if there will be a slight recession, etc. then it is not a sign of the collapse of the China economy, but a normal way of the market correcting prices in China. The way the market corrects the behavior of the rulers in China (e.g. for borrowing, constructing too much), etc. Similar things happen in other countries, including USA. Eventually, once prices have been corrected to a fair price according to the market mechanism, then market conditions will eventually return to normal. Why? Because that's how the market works. Why? Because the citizens of China and any other country, will eventually keep spending (consumption), and consumption anywhere in the world represents about 50% of GDP.
Excellent point of view, people tend to panic but don’t take into account that long term economies will always come back. This in the short term does create instability though and great opportunities
Super interesting what is happening with real estate around the world. Thanks for sharing this insightful documentary about china.
Glad it was helpful!
Real estate is definitely in a bubble estate in many areas around the world, making it harder for people to afford housing.
Agree, this is happening in many places around the world.
Government corruption is the real issue like many other countries.
This seems to be a bigger issue in today's world.
Even if there will be a slight recession, etc. then it is not a sign of the collapse of the China economy, but a normal way of the market correcting prices in China. The way the market corrects the behavior of the rulers in China (e.g. for borrowing, constructing too much), etc. Similar things happen in other countries, including USA. Eventually, once prices have been corrected to a fair price according to the market mechanism, then market conditions will eventually return to normal.
Why? Because that's how the market works. Why? Because the citizens of China and any other country, will eventually keep spending (consumption), and consumption anywhere in the world represents about 50% of GDP.
Excellent point of view, people tend to panic but don’t take into account that long term economies will always come back. This in the short term does create instability though and great opportunities
Is this an AI voiceover
"In one thousand nine hundred and eighty five" lol