#China’s #home prices fell at slower pace in Dec amid easier financing for housing market https://t.co/Flss4rT4mp
— YUAN TALKS (@YuanTalks) January 17, 2022
*China’s seen their TFP (total factor productivity) diminish heavily since 08 – thus eroding GDP w/ it (China’s real GDP is less than half what it was 15yrs ago)
Meanwhile China’s ICOR (capital efficiency) more than tripled = spending 3x more for half the growth
Unsustainable pic.twitter.com/M41Jrpfm7P
— Adem Tumerkan (@RadicalAdem) January 17, 2022