by Alex,

The Largest Asset Class in the World Just COLLAPSED

42 % drop in home sales is enormous. The Chinese consumer has stopped spending. China is the # 2 largest economy in the world. It’s housing market is the largest asset class in the world.

US is already in an undeclared recession.

Watch 1st 3 to 5 minutes for main details.

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1 COMMENT

  1. Bet a great deal is "Self administered" Parts of China are blanket covered and anchored to communism and its antic of oppression and tyranny. By historical stance enforced causing many to flee by choice with time pulling more young to fill the void of employment slavery (cry and its down to whipping children of 8 and 10 yrs age to position).
    Resulting in Quality Control now dropping last 15+ yrs to an all time product failure in any quality to purchase. As a common label of all time " Made in China " blares to convince anyone now unworthy to invest anything towards. Reliable Quality Gone! Back Tracking the common Language " Made Republic of America -GREAT-AGAIN- " would provide as life carries its "Hint Tips and Queues"
    Time to Restore Common Country Manufacturing with "We make it all here on Our Own once again" Made In America presents a nice healthy chime for anyone to be proud by. Let other country recover such and now to share by equal and common trades forward to the dial of change.

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