China’s economy is on its last legs. Thanks to massive overspending and high unemployment, the Chinese economy is beginning to break down, with real estate prices crashing at a scale similar to 2008 in the US. This is bad news for not only Chinese investors but also global investors with money in China. But could these tumultuous conditions spill over into the global economy?

We’ve got arguably the world’s best economic forecaster, Joe Brusuelas, back on the show to get his take on the global economy and what could be next for the US. Joe has studied the Chinese economy in-depth and sees a “debt and deleveraging period” forming. This is bad for Chinese investors, but will it affect the US housing market? Next, Joe speaks on the other global crises, from Israel to Ukraine to Iran and beyond. With our global reliance on importing commodities like wheat and oil, how risky are we getting with the massive Middle East and Eastern European conflicts?

Finally, Joe touches on domestic trends, including one substantial economic insight that could point to a new era of economic productivity in the US. This could be game-changing for you if you own stocks, bonds, real estate, or any other US-based investments. What trend are we talking about? Stick around; we’re getting into it all in this episode!

In This Episode We Cover:

China’s “debt trap” and how they massively slowed down economic growth

The “bad bank” solution that China could (but probably won’t) use to solve their housing crisis

How the US and India could become the primary economic forces in the global economy

The “risk matrix” and what could cause an oil crisis due to the Middle East conflict 

How the US may use Russia’s assets against them in the Russian-Ukrainian conflict 

A huge economic indicator pointing to a new era of productivity for the US economy

And So Much More!

Links from the Show

Find an Agent

Find a Lender

BiggerPockets Forums

BiggerPockets Agent

BiggerPockets Bootcamps

Join BiggerPockets for FREE

On The Market

Join the Future of Real Estate Investing with Fundrise

Connect with Other Investors in the “On The Market” Forums

Subscribe to The “On The Market” YouTube Channel

Dave's BiggerPockets Profile

Dave's Instagram

Henry's BiggerPockets Profile

Joe's Articles

Joe's LinkedIn

Joe's X/Twitter 

BiggerPockets' Instagram

Hear Our Last Interview with Joe On The “New Era” Of Higher Prices, Interest Rates, and Employment

Is the Global Economy About to Collapse? Inside China’s Real Estate Crisis

Check out more resources from this show on https://www.biggerpockets.com/blog/on-the-market-196

Interested in learning more about today’s sponsors or becoming a BiggerPockets partner yourself? Email [email protected].

Learn more about your ad choices. Visit megaphone.fm/adchoices