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RE: Chinas Economy Is On The Verge Of Collapse
25
@sapphirecrypto
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1 min read
And yet people keep saying they don't see how markets can go lower... the real estate sector makes up more than 25% of the national GDP. The residential vacancy rate in China is currently 12%... but hey inflation has peaked in the US. China's collapse has far more devastating effects than a 0.6% reduction in CPI... people are "emotionally bullish" right now, completely disconnected from data.
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