IPSE'S AUTHORS LAST 24h
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IPSEs IN THE LAST 24H
  • Vladimir Putin
    Vladimir Putin “In a broader sense, we are working to contribute to the development and prosperity of Russia and China by enhancing equal, mutually beneficial economic and humanitarian cooperation, and strengthen foreign policy coordination in the interests of building a just multipolar world order. All this is the key to a future success of our comprehensive strategic partnership of coordination for the new era. The partnership between Russia and China is always based on equality and mutual trust, mutual respect for sovereignty, and consideration of each other's interests. President Xi Jinping, a wise and visionary leader, plays a special and prominent role in the development of bilateral relations. We first met back in March 2010, and we have been seeing and calling each other regularly ever since. President Xi maintains a respectful, friendly, open and at the same time business-like style of communication.” 17 hours ago
  • Yair Lapid
    Yair Lapid “The government has lost control. Soldiers are being killed every day in Gaza and they fight among themselves on television. The cabinet is disassembled and non-functional. Ministers protest in front of cabinet meetings. One cabinet sends humanitarian aid convoys and the other burns them. Relations with the US are collapsing, the middle class is collapsing, they have lost the north. We can't go on like this. We will not win with this government.” 18 hours ago
  • Vladimir Putin
    Vladimir Putin “We have said many times that whoever is quicker to master the newest means of armed combat wins. We have to be one step ahead. We have everything we need for this, and much has been done, but we need to double and triple our efforts in this area.” 23 hours ago
  • Alena Kudzko
    Alena Kudzko “That is definitely not something that anybody in Slovakia expected. The country has been polarised over the past year amid heightened political tension, especially in the run-up to the elections. But nobody … called for violence in the country. Quite the opposite, everybody right now is trying to unite and send a coherent message, that political violence is not something that we support.” 23 hours ago
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#housing bubble

Page with all the IPSEs stored in the archive with the tag #housing bubble linked to them.
The IPSEs are presented in chronological order based on when the IPSEs have been pronounced.

“What China is experiencing right now is a policy-induced crisis. What I mean by that is, people have been warning about a housing bubble for many years, and for good reason, but the acute stress that the market is under right now is the direct result of very draconian restrictions on lending to developers that were imposed about a year and a half ago.”

author
Managing director of risk analysis company Teneo
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“Unlike the disastrous chain reaction at Lehman, this is a controlled demolition, deliberately triggered by the regime. Beijing is doing what critics have been asking China to do for a while - to deflate the housing bubble. It is doing what the west did not do in 2007-2008, ie use regulatory intervention to manage a hard landing short of an outright crash. Evergrande is like Lehman in that it has speculated on real estate. It has a lot of debt spread across the entire Chinese economy and Chinese society. It is opaque. It is worrying But is Evergrande really Lehman? Closer examination suggests that the Evergrande crisis is not like Lehman at all.”

author
History professor at Columbia University
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