1. China had an over-developed real estate market (accounts for around 15% of the Chinese economy). Home prices in China’s major cities crashed in 2013/2014. This put serious pressure on Chinese consumers, since around two-thirds of the typical Chinese family’s wealth is tied to their homes. 2. When housing started going bust, Chinese investors started
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March 16, 2024 How come you never see a headline like: ‘Psychic Wins Lottery’? — Jay Leno !!! A BIG THANK YOU!!! THANK YOU, THANK YOU! The SPECIAL OLYMPICS MONEYTALKS team thanks our
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