/biz/ - Business & Finance

>China couldn't resist being greedy as fuck and turned their entire real estate sector into a ponzi scheme
>34% of their GDP and 75% of household wealth is about to go up in smoke
>China couldn't resist overdoing it with high speed rail and has a bunch of junk lines that can't turn a profit and losing billions a year
>it's entire construction system is propped up by this endless building of infrastructure and housing
>the banking system is built on the loans for all of this and their citizens are losing confidence in the banking system completely
>the one child policy is making it so that their peak in the next decade
I am thankful I still get to see Commies lose in real time.