China’s Shark Loan Ponzi Finance- As Ponzi Schemes Collapse the Chinese Government Fears Civil Unrest
Lots of links and info at the link.
The Chinese government doesn't like civil unrest and large public gatherings that are not approved, i.e. it isn't particularly germane to the story (officials broke up the peaceful pro-Cantonese rally, for instance). The story to pay attention to is the financial implications.
Fannie and Freddie: Single Family Serious Delinquency Rate Decreased,
Multi-family Decreased in March
-
Today, in the Calculated Risk Real Estate Newsletter: Fannie and Freddie:
Single Family Serious Delinquency Rate Decreased, Multi-family Decreased in
March...
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