Author Topic: So Chinese behave like Kenyans, buy cash.  (Read 1652 times)

Offline Georgesoros

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So Chinese behave like Kenyans, buy cash.
« on: April 14, 2016, 05:16:54 PM »
Property speculation.
overvalued properties. Income to value ratio is way off.
Japanese did the same and their economy has been stagnant 20 years and counting.
http://www.businessinsider.com/china-housing-bubble-destroy-wealth-2016-4