this post was submitted on 15 May 2024
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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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[–] adultswim_antifa@hexbear.net 33 points 8 months ago* (last edited 8 months ago)

The government has been pumping the entire economy through home equity for 90 years so that boomers can afford to buy more trucks, and I'm supposed to think China's housing market is "irrational".