In her latest video, Madelon Vos looks at the current situation of the Chinese real estate market. It is on the brink of a major crisis. Major problems in that sector could pull China and the rest of the world into a crisis. She also looks at the latest developments in crypto land, with an analysis of bitcoin at the end!
Is China’s situation leading to a global financial crisis?
The focus in the video is mainly on China’s largest private real estate developer, Country Garden, which is currently facing payment difficulties. These developments have led to growing concerns about a possible debt crisis that could be bigger than the Evergrande crisis in 2022.
Madelon cites an article by ZeroHedge suggesting that China may face a bigger debt crisis than Evergrande’s. For those who are not familiar with this situation: In September 2022, another major real estate developer in China called Evergrande was unable to meet its payment obligations.
This led to great unrest in the financial markets and concerns about the stability of the Chinese financial system. The Chinese government then intervened to prevent a bigger crisis.
Now history seems to be repeating itself with Country Garden. An excerpt from CNBC is shared discussing how Country Garden’s shares fell to the Hong Kong equivalent of 12 cents. There are growing concerns that this situation could lead to another crisis in the already fragile Chinese real estate market.
Worldcoin crypto en bitcoin analyse
In addition to the situation in China, Madelon also discusses other important economic developments, such as China’s purchase of gold, discussions about de-dollarization by the BRICS countries, PayPal’s announcement of their own stablecoin and OpenAI’s introduction of ‘Worldcoin’.
Of course, Madelon also shares her view on the current bitcoin price. From 38:26 she discusses the developments on the charts and makes a technical analysis.
Join the MoneyTalks community of Madelon Vos!
Recently the MoneyTalks community van Madelon! In this online community you can ask questions and share knowledge! Madelon also makes technical analyzes on request and Q&A sessions are organized in which live questions can be asked. If you make your own analyses, the experts in the community can take a look at it for you!
Madelon also explains! Through Madelon’s courses you will learn, among other things, how you can safely and reliably get started with bitcoin and other cryptocurrencies and how you can make a profit with investing in crypto. Want to meet Madelon? Then take a look at her free courses!
In the free course Crypto & Trading academy you get a preview of topics like Bitcoin, other cryptocurrencies, how to store them safely and purchase your first cryptos. You will also learn the basics of technical analysis. This free course is a preview of the full course.
2023-08-13 17:03:14
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