Central Bankers Shying Away from Tightening as Evergrande Default Looms.

in economics •  3 years ago 

Today we will look at the developments of the real estate bubble in China and whether the PBOC and the Chinese government will be able to contain the effects of an Evergrande collapse on the rest of the real estate market.

We will also look at how here in the UK the Bank of England seems to be shying away from reining in its inflationary stimulus as it looks to loosen mortgage lending rules.

Our conclusion is that the China real estate or property crisis could spill over into the rest of the world's financial system.

China To Cut RRR "Within A Week" As Evergrande Braces For Imminent Default: https://www.zerohedge.com/markets/china-cut-rrr-within-week-evergrande-braces-imminent-default

Bank of England poised to loosen mortgage lending rules: https://www.telegraph.co.uk/business/2021/12/05/bank-england-poised-loosen-mortgage-lending-rules/

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