schizoidman@lemmy.ml to World News@lemmy.mlEnglish · 8 months agoChina's housing minister says real estate developers must go bankrupt if necessarywww.cnbc.comexternal-linkmessage-square72fedilinkarrow-up1372arrow-down16cross-posted to: brainworms@lemm.ee
arrow-up1366arrow-down1external-linkChina's housing minister says real estate developers must go bankrupt if necessarywww.cnbc.comschizoidman@lemmy.ml to World News@lemmy.mlEnglish · 8 months agomessage-square72fedilinkcross-posted to: brainworms@lemm.ee
minus-squareLemmygradwontallowme [he/him, comrade/them]@hexbear.netlinkfedilinkEnglisharrow-up7·edit-28 months ago how much of these developments were greenlit by government officials who are now refusing to foot the bills? By that logic, most U.S real estate companies like Blackrock and Freddie Mae would be greenlit, could you be more specific… If we just mean which ones were state-owned (because “privatized gains, privatized losses” as one said), not much According to even “China collapser” Michael Pettis: https://twitter.com/michaelxpettis/status/1610265849528717318/photo/1 Then again, it’s Caixin, so you can double-check…
minus-squareFiniteBanjo@lemmy.todaylinkfedilinkarrow-up1·8 months agoThat graph shows the development agreements purchased by government has increased yoy, which contradicts what you just said…?
minus-squareLemmygradwontallowme [he/him, comrade/them]@hexbear.netlinkfedilinkEnglisharrow-up7·edit-28 months agoWell, I thought the nationalizations were more of a response, than the cause of what happened, then again… I mean, didn’t the whole crisis start from 2020… so I don’t understand the contradiction in my argument here… Elaborate it a bit more?
By that logic, most U.S real estate companies like Blackrock and Freddie Mae would be greenlit, could you be more specific…
If we just mean which ones were state-owned (because “privatized gains, privatized losses” as one said), not much
According to even “China collapser” Michael Pettis:
Then again, it’s Caixin, so you can double-check…
That graph shows the development agreements purchased by government has increased yoy, which contradicts what you just said…?
Well, I thought the nationalizations were more of a response, than the cause of what happened, then again…
I mean, didn’t the whole crisis start from 2020… so I don’t understand the contradiction in my argument here…
Elaborate it a bit more?