China’s new home sales just collapsed 42%. The banks know what that means. The world’s largest asset class is breaking, and this time no amount of optimism will stop the fall, not even a trade deal.

New home sales in China collapsed by 42% in October when compared to last October, representing more than just another setback for the beleaguered Chinese real estate market, the world’s largest asset class. This is a major problem for Chinese …

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42% of German Teens are Foreigners

Germany has wiped itself out. Numbers like these show how quickly mass migration can eliminate a country’s future. In Germany, 42% of people under age 15 were either foreign-born or had at least one foreign-born parent Not all of these are third …

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