Joel Parker

Chinese Mortgage crisis 2022 is coming to to a all time tipping point. Many Chinese mortgage holders are boycotting mortgages in china. The Chinese mortgage crisis will cause a Global Recession. Chinese citizens are forced to live in horrible conditions. Chinese mortgages taken out by Real Estate developers are being aided by governments and banks, but is it too little to late. Chinese mortgage crisis will cause many banks and real estate developers to go under water. Graham Stephan covered this recent topic in his video It's Over: China's Entire Economy is About To Collapse or China's Economic Collapse Just Got Worse and China's About To Cause a Global Recession Wion covered this in their video Gravitas: Chinese citizens boycott mortgages in 86 cities I feel like the crisis has begun to get worse and needs more thorough oversight. The Chinese mortgage crisis will cause a global economic recession! 00:00 Banks give out bad loans 01:59 Covid Delayed Real Estate developers 04:43 2022 lockdown - zerocovid 06:00 Bank defaults from Developers