• News,  Wealth

    How Debt, Real Estate and Layoffs Affect the Economy in 2022

    Some people may say that if there is more money in the market, the economy will prosper? Debt has this characteristic. It is super cool to borrow money and spend it. Not only is it cool, but it is also expected to be good. For example, a few years ago, someone in Shenzhen paid 30,000 yuan a month, and the people around said you were crazy, but he said it was nothing, and it would be fine in a few years when the annual income was 2 million yuan. At that time, a lot of consumption was actually based on this “better and better” expectation, and housing prices kept rising…

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