Oh, Rebel capitals hope you're well. So I know Americans really get focused on the U.S. economy.

Only natural. But what we have to do is look at the global economy and we cannot ignore what is happening

with the world's largest asset class right now.

The world's largest asset class is Chinese real estate and they are going

through a crash that looks very very similar to what happened in the United States 2008, 2009 called to

GFC.

So China just came out on Saturday with another round of stimulus announcements

where they're trying to calm the market down but when you really look under

the hood and look at the data and see what's happening with the

quite literal collapse of their real estate market and then you figure out how much the real estate

market how the overall percentage of net worth in

China is almost 100% tied to the real estate market, then you ask yourself, okay it's down by X Y and Z. How does the stimulus even move a needle, right? Let me show what I'm referring to.

And then we're gonna get into some details.

We're gonna get into what they actually announced on Saturday.

And then I wanna go through and look at some articles

from Asia more specifically and go over just kind of what this problem is and you know could

this bleed over into the global economy could it bleed over into the United States? I think there's a legitimate

questions. So first and foremost when I say that Chinese real estate is the

world's largest asset class, I'm not joking, approximately $60 trillion. 60 trillion.

So when we're going through the stimulus packages that China has announced just let's think

about this because I don't know if you've been following this specifically or if you've

been following the details,

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