RE:RE:RE:RE:RE:The Big Picture - China 1
hope21 wrote: The real estate problem in China has been around for awhile. I recall one of consultant who traveled often to China mentioned to me that he did not understand how their were so many office buildings in China that were mostly empty. Now the realty is kicking in.
Its just not office buildings. There are entire cites built over there with not one single person living in them. 100% empty cities. Most people in the world have no idea what is really going on over there but I think everyone is about to find out and it won't be pretty.
I also think this pandemic will be the trigger for much larger issues with the global economy and the vast differences in working conditions and living standards throughout the world and gold is the ultimate currency and it is the great equalizer.
That is the reason a lot of billionaires own big chunks of gold. When the sh*t hits the fan owning lots of gold will protect your wealth. There is nothing else like it. The younger generation can take those bitcoins, ethereums and dodgey coins and any other baby coins and shove them up their a**. Lol