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China. There are official statistics and there are statistics. NBS China says that existing home prices are down 13.6% from 2021 peak. But Centaline data says that the fall is double that and prices are back to 2016 levels.
Leverage is lower but housing is the main store of
时政
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twitter.com
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China. There are official statistics and there are statistics. NBS China says that existing home prices are down 13.6% from 2021 peak. But Centaline data says that the fall is double that and prices are back to 2016 levels.
Leverage is lower but housing is the main store of Chinese household wealth. It is devasting for consumer confidence.
It's no wonder that total bank loans fell for the first time since 2005 when China was a small economy.
A balance sheet recession is underway. The implications for the rest of the world are not pleasant.
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Avdiivka
“75 of us came here. And now there are f..cking 14 of us here left. The rest are all 200s [dead] and 300s [wounded]. … They were simply destroying us. Just destroying us,” Russian stormtrooper on Avdiivka direction has shown his position.
“We survived because we have…
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ELON: WE NEED TO SOLVE THE BIRTH RATE ISSUE OR CIVILIZATION WILL DWINDLE TO NOTHING
“Sometimes kids are viewed as an imposition on the world.
I don't think that's the case at all.
People sometimes think there are too many people in the world.
That's certainly not the case.
btc
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twitter.com)
Today, there has been a lot of international work. Our teams are working with the United States as we prepare for negotiations this Friday. The agreement with the U.S. The support of our country and people.
Peace and security guarantees are the key to ensuring that Russia can no
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From DC to the border, there are very good people at CPB who pointed this tragedy out to us. They were following orders from the Biden Administration. Without the good people at DHS we would not have found these criminals and terrorists. We are deeply grateful for their support.
btc
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twitter.com)
Iran Is Collapsing — And China Just Proved It Protects No One.
Iran’s collapse and Maduro’s arrest are not separate events. They are the same story playing out in real time.
No invasion. No occupation. No American soldiers lost. Just financial strangulation, currency collapse,
时政
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twitter.com)
NEW: Parent sends elementary school principal to the hospital after she told the parent 'to keep the kids off the court' because they were disrupting the game
"This is a woman that was there with kids, that was disrupting everything... and she wasn’t watching the kids... and
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