Chinese Economics Thread
- Thread starter Norfolk
- Start date
supercat
Major
Retail sales grew 6.8% in the first 3 quarters.
Real estate should never be permitted to maintain a first tier role in the economy. Allowing them to do so results in a land baron economy, dominated by parasites. Industrialists/technologists should be supported as the first tier players. Real estate should be a supporting role only. Real estate speculation should be outright suppressed. Homes should be purely for living in, not for financial speculation.
Or maybe the staffers accidentally held the painting upside down?
About the same 140~150ish. A lot less top leaders came this time though
About the same 140~150ish. A lot less top leaders came this time though
What is the reason for that? Maybe having the forum every year is too much work for these leaders.
I disagree. I heard the same arguments when people warned about Sweden's private debt bubble (especially household debt). But you don't understand, they told you, the households have even greater net assets! Well, now that interest rates are rising the households are shrinking their consumption because debt service is an issue. Even if most of this private debt is held in your own currency, there are still going to be creditors and they have to be paid.