InvestorsHub Logo
Followers 46
Posts 7114
Boards Moderated 0
Alias Born 07/18/2020

Re: HappyAlways post# 694524

Thursday, 09/09/2021 11:03:15 PM

Thursday, September 09, 2021 11:03:15 PM

Post# of 793303
They have something similar here in the county I live in. In the US, typically a family's largest asset on their balance sheet is their primary residence. Low income families that stay in the housing for longer than a few years will still be able to generate some wealth...

If you think about it, as Warren Buffett says, all investors have a silent partner and it's the government!

China seems to be acting lately less like capitalists and more like socialists with their crackdowns on businesses to "share the prosperity".

Hell, if China sees the US Government nationalizing two of its largest private corporations, it kinda makes the CCP look bad wink