Wow, #germans in #berlin are looking to #seize the #property from #landlords and #nationalise it: https://www.youtube.com/watch?v=NjyyAPJh.. Apparently they might also be looking to do it without adequate #compensation ! Crazy! I guess #communist #ideology never really did die there. A German I used to live with for example touted support for #antifa - even going as far to say that it was okay that they use #violence to achieve their goal... I predict some crazy times ahead.
#china is in a lot of trouble over this #evergrande #property #investment https://www.reuters.com/world/china/chin.. There is no good way out of this for the #chinese - no amount of bullshitting will cover $305 billion in #liabilities - a mix between local Chinese investment and #foreign ... Perhaps they will #nationalise , but #investors will get screwed and foreign investors will get cold feet. If they buy the #debt they bleed their #economy anyway!