• OKRainbowKid
    link
    210 months ago

    Debt crisis is already here, with Evergrande in China.

    • zephyreks [none/use name]
      link
      fedilink
      -110 months ago

      Doesn’t China already have the solution to the debt crisis in a hiked property tax? They’re just debating whether they want to do it because it’ll tank property values and probably lead to them reporting a shrink in GDP.