this post was submitted on 15 May 2024
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74
So what was the fallout of all the "housing collapse" news from china? (hexbear.net)
submitted 8 months ago by RedWizard@hexbear.net to c/askchapo@hexbear.net
28 comments fedilink hide all child comments
 

Did people loose their homes? Did people end up jobless?

I know there was a company central to the story, and that China was basically going to let it fail, but what was the fallout?

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[–] culpritus@hexbear.net 50 points 8 months ago* (last edited 8 months ago) (5 children)

I’m not really sure what the graphic is trying to imply exactly. I guess the wealthy dorks getting their assets liquidated for pennies or something?

[–] take_five_seconds@hexbear.net 42 points 8 months ago (2 children)

crankin the hog

[–] memory_adept@hexbear.net 25 points 8 months ago

the thing is dripping bro

[–] culpritus@hexbear.net 17 points 8 months ago* (last edited 8 months ago)

data-laughing

[–] a_little_red_rat@hexbear.net 19 points 8 months ago (1 children)

doctor who is being milked dry

[–] RedWizard@hexbear.net 15 points 8 months ago

God damn that graphic is graphic!

[–] memory_adept@hexbear.net 14 points 8 months ago (1 children)

investor man sad