4 ms·
Anyone who tried to buy a house in SV in the last 5 years already knows this. Turns out Chinese are better savers of dollars than Americans and they now want t
by NTDF9 7y ago
Anyone who tried to buy a house in SV in the last 5 years already knows this.
Turns out Chinese are better savers of dollars than Americans and they now want to do something with those dollars. Like buying houses, companies, building structures etc.
Meanwhile, the fed doesn't allow US savers to accumulate wealth outside of speculation by keeping interest rates artificially low