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?
Tag: Emerging Markets
Of Chinese pipe Dreams, and other distressed matters – Part 3
Why, exactly, people in China are starting to straight out refuse to pay their mortgage? In this part, we take the bottom-up approach to look at what is happening.
Of Chinese pipe Dreams, and other distressed matters – Part 2
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.
Of Chinese pipe Dreams, and other distressed matters – Part 1
China is selling a very confident narrative. But the picture that emerges by scraping the numbers isn’t good. At all. Maybe some cracks in the Chinese Dream are starting to show?