02-08-2024, 09:34 AM
(31-07-2024, 02:29 PM)sgbuffett Wrote: Saying you will solve the problem is the first step only.
Solving the problem is next step.
Anyway I thought the housing problem is solvable by copying Singapore govt takeover of the private bus system. Make top 20 developers govt owned.and controlled by doing a debt for equity swap. Then centralise the management of these to e a public housing service provided by the govt. ...aka China HDB.
Since RMB is internally circulated they can print $$ to do this at a time when there is deflation so it won't cause inflation...and won't cause the govt a single cent.
By nationalising most of residential housing it completely solves one of the major problems of western societies.
Singapore HDB has already shown the way.
Sgbuffett are u going to short Hsi? Pls advice