Posted on Jul 21, 2024

China grapples with housing crisis as world watches on

LTC Eugene Chu

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Chinese economy's housing vulnerability continues in 2024. Excessive amount of unfinished housing remains with real estate companies still needing bailouts. Its government is cracking down on dissidents who speak out about bad homes, bad mortgages or economic cracks.

Posted in these groups: China

Posted 3 mo ago

Responses: 2

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PO1 William "Chip" Nagel

Posted 3 mo ago

LTC Eugene Chu Yeah I saw How Quick they Pulled the Plug on Restoring the Old Federal Reserve Bank into a Hotel. The Only thing Worse than Chinese Communism is Chinese Capitalism!

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PO1 William "Chip" Nagel

3 mo

LTC Eugene Chu Last I Heard they Still have a "Stock Market" Don't Know How anyone can Call them "Communist" Anymore! Authoritarian, Idiotic, Sure! Kinda Like What Trump wants in this Country!

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CPT Jack Durish

Posted 3 mo ago

This should be required viewing for all who cry for socialism in America.

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China grapples with housing crisis as world watches on

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