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Part of me believes that an economic crisis on china regarding capital flight could be the next global crisis. If chinese cpaital alone stopped buying property,
by conanbatt 9y ago
Part of me believes that an economic crisis on china regarding capital flight could be the next global crisis. If chinese cpaital alone stopped buying property, and caused some plummet in property demand, it alone could cause plenty of waves.
- happyhappyjoy 9y agoThis is already happening in Canadian cities. They can't make payment on their mortgage. They can't find a buyer at high prices.