The 2008 housing bust suggests China’s only halfway through its property crisis. Here’s how the downturns compare.

The 2008 US housing market crash stands as one of the worst collapses in economic history — and its lessons remain relevant as China deals with its own real estate crisis. Beijing is facing a narrow policy path toward an economic rebound this year, and the International Monetary Fund has warned that the country is …

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How Does Biden’s Border Mess Compare to the Immigration Scandal in France?

via Mike Shedlock: There’s a big political scandal in France over Immigration. The French president stands accused of ‘Trumpism’. Let’s compare events in France with events in the US. For background on this post, please see Trumpism in France, Le Pen Claims ‘Ideological Victory’, What’s Going On? French president Emmanuel Macron passes hardline immigration bill supported …

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