China’s Real Estate Bubble Has Popped

Written by Gary North on December 1, 2011

China is the world’s #2 economy after the USA. It has the world’s largest real estate bubble. That bubble has popped. The losses will be enormous. China is also facing price inflation, especially of food. Why? Because of its monetary inflation. The central bank has been goosing the economy with fiat money for a decade. […]

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