Post
Topic
Board Economics
Re: China real estate crisis: Buy a house and get a gold bar! No Bitcoin unf!
by
jrrsparkles
on 18/09/2024, 20:43:08 UTC
Maybe the Chinese government needs to work on their interest rates for better solution than using the perky ways which obviously not effective in my opinion.
It's going to take time for that when the signs have been obvious from the fall of Evergrande.

We can't expect the results over time and if we try to keep things via shortcuts it won't hang there for too long will obviously backfire at them.

But they are not really capitalist not democracy so they can do anything as they wish and no one will be asking questions about that but in other places things will get real dirty that's why we better look for the long term solutions which may be less harmful than instant solution.