Major red flags for the Chinese real estate market… China’s home prices are falling… Yet, economists have been dismissive of this threat.
Will China’s Crackdown Send Bitcoin’s Price Tumbling?
October 16, 2021 by Leave a Comment
Over the last year, bitcoin has increased by over 400%. As a matter of fact, it has more than doubled since the July low. In today’s article, we are going to look at whether news or even government actions affect the price of bitcoin. In the article, it refers to a proclamation made on July 2, where Elliottwave International says that the downtrend was ending… and then Bitcoin rose throughout July and August, fell through September (bottoming on September 28th), and then it began to rise again. ~Tim McMahon, editor.
What Chinese Malls Tell Us about the Economic Reality
February 22, 2010 by Leave a Comment
Investor expectations are decidely bullish right now, and many people expect an economic turnaround this year. What do the underlying economic conditions suggest? The Chinese mall “The Place” demonstrates the contrast between investor hope and economic reality.
