TID: Mystic BBS 1.12 A49   
   MSGID: 1:229/310 90998600   
   REPLY: 1:105/420 59bd53ed   
   TZUTC: -0400   
    KS> I watched it a couple of days ago . That is quite an interesting video   
    KS> which synthesizes a lot of the sporadic info I have come across   
    KS> regarding China's realestate collapse and their demographic collapse.   
    KS> I did not realize how heavily Chinese families were investing in   
    KS> realestate. I though it was just the local governments.. the whole thing   
    KS> (as described by the video you linked) sounds like a giant ponzi scheme,   
    KS> one that has collapsed quite spectacularly.   
    KS>    
    KS> That gotta hurt & its hardly surprising that Chinese families are not   
    KS> willing to spend more than they have to.. which is going to make   
    KS> I really wonder how they will pull themselves out of this mess.   
      
   Especially when there is an almost religious aversion to consumerism.  It's   
   like they get stuck in a death spiral.   
      
   ... Press any key to continue or any other key to quit...   
      
   --- Mystic BBS v1.12 A49 2023/04/30 (Linux/64)   
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