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Two things China has in common with the West are aging demographics, and asset price bubbles. I figure somewhere the two go hand in hand, and I will go out on
by tigerlily 6y ago
Two things China has in common with the West are aging demographics, and asset price bubbles.
I figure somewhere the two go hand in hand, and I will go out on a limb here and suggest that by the end of the decade, either or both lateral hemispheres will experience an asset price bubble the likes of which have never been seen before.
I think there is scope in China for heinously priced real estate in the coming years, for example.
I believe it's human-behavioural stuff like that which will confound the best laid plans of our leaders, in both east and west.