i know, but the bubble is around 800B USD.
Sounds a lot but compared to the other shit they can handle it. Would be 600$ for each Chinese.
Think about the head debt in the western world that's added in the last 2 years.
China is only bad because this can spread to other sectors and cause more defaults.
But who knows? It's impossible to have a full set of information.
That sounds very feasible, but the question of reliable information is starting to become a real problem everywhere. It's impossible to "just trust" anything at all, everything is tainted with politics and power games.
The information and their sources are dancing in a room full of information, it's like an Oprah. Everything points in all directions and I'm looking at it from the first stage wondering what the author of this play is trying to tell me.
but those numbers can be semi-trusted because they were publicly traded.
And there are also numbers out ( how many buildings and so on), I can't remember exactly.
Was the date I turned bearish :D
08.sep. 2021 :D