There is a lot of chatter out there that the Chinese economy is straight up going to collapse, soon. There is always someone screaming the end of the world is coming, but it seems there are a couple more whistles than I’d like to ignore. Anyone have any useful insight?
Most of what I’ve read is the housing market was investing in property before it was finished, and now they are just not building a lot of these properties that were already paid for, or have active mortgages for.
Furthermore, if a storm is coming, what would a guy with $250k in an IRA do to protect it? My best guess is Berkshire which has a long history of weathering storms, but I’m all ears.
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