Home News Property Bailouts in China Are Coming, But They Will Fail, What About the US? – Mish Talk

Property Bailouts in China Are Coming, But They Will Fail, What About the US? – Mish Talk

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Image from the tweet below.

With a massive real estate crash underway, China is not the world leader in growth.

China Financial Markets’ Michael Pettis explains that bailouts are useless.

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