Of Chinese pipe Dreams, and other distressed matters – Part 5
Time to tie all strings together, by gauging what the people’s response is going to be: to the lockdowns, the real estate crash, everything. Is the Chinese Dream disappearing for good?
A disagreeable blog about Finance
A disagreeable blog about Finance
Time to tie all strings together, by gauging what the people’s response is going to be: to the lockdowns, the real estate crash, everything. Is the Chinese Dream disappearing for good?
A look at the mismanagement of the Henan banking crisis. In it we read the tea leaves and try to evaluate the medium-term prospects for the banking sector in China. Oh, and bank runs are trendy again.
The hunt for safety and societal greed allowed the real estate bubble to to scale out of control. Chinese builders turned themselves into a ticking bomb. What happens next? Let’s find out, using Complex Systems and Chaos theory.