CHINA Property Market is Largest PONZI SCHEME in World History as Advanced Payments & Cash Disappear

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Is the Chinese Property Market a PONZI SCHEME? Real Estate contributes around 30% of GDP in China and Chinese Citizens hold over 70% of their wealth in property. However the Property Developers have been using aggressive financing to expand. In this video I provide full details of the market, what has been happening with MORTGAGES and DEPOSITS and why I believe that the market has developed into a PONZI SCHEME.

For specific details please check out the CHAPTER list below.

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Chapters:
0:00 Intro
2:14 PROPERTY MARKET
4:17 CHINESE MARKET
6:46 MORTGAGES
9:06 CHINESE MORTGAGES
12:26 NEW BUILDS
17:15 PONZI SCHEMES
19:35 PROPERTY DEVELOPERS
12:30 THREE RED LINES
16:55 AUGUST RESULTS
19:01 MORTGAGE BOYCOTT
25:29 SUMMARY & CONCLUSION

#china
#Belt&Road
#globalrecession
#globalfinancialcrisis
#russia
#Evergrande
#China
#Recession
#Zhenro
#Bonds

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