Japan's real estate market is already suffering from the demographic cliff the country has gone over. The same fate is soon to befall Europeans. It looks like the Germans are lagging behind other Europeans in terms of wealth creation due to their low property ownership rate. If the real estate bubble bursts in Europe, this too will be history and everything will find itself at the bottom.
The Germans, the big holders of cash, will be in for another shock when inflation picks up and kills their purchasing power. This process is already brewing in the commodity markets that are slowly bottoming out. Dark clouds are gathering...
68 sats \ 0 replies \ @mf 21 Aug
In the end (or not even so) people will vote with their feet to find a place where they can keep more fruits of the work. Laffer curve's peak should be sooner...
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9 million empty homes. No wonder housing is affordable in Japan
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Imagine entering deflationary markets that can't be manipulated by the fiat degenerates. So nature will heal
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We have Feria here these days. Believe me when I tell You that I have been in a very dark cloud later on...
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Iceland 🇮🇸 is the richest
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The entire west is in a for a demographic winter and it’s not going to be pretty. Japan is just ahead of the curve.
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Interesting that Germans are big cash holders, you would think they still remember Weimar.
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