(ZEROHEDGE) – While China keeps regurgitating the same tired and trite line about an „imminent“ fiscal and housing stimulus, which reportedly is in the „trillions“ of yuan, yet which to date is entirely imaginary and never actually materalizes, its housing market continues to crater and will soon reach a point where a depression is unavoidable…
While China keeps regurgitating the same tired and trite line about an „imminent“ fiscal and housing stimulus, which reportedly is in the „trillions“ of yuan, yet which to date is entirely imaginary and never actually materalizes, its housing market continues to crater and will soon reach a point where a depression is unavoidable … at which point the all too real stimulus to reboot the economy will be in the tens of trillions.
