Housing market bubble in China and its mitigations (Part 2)

By Jacob Lee II. Factors affecting housing bubble burst impact in China 2.1 Bank exposure to the real-estate The sudden meltdown of the housing market in China will create great pressure on the financial market because the housing market is intertwined with the financial market. The share of real estate related loans to Chinese Banks’ …

Housing market bubble in China and its mitigations (Part 1)

By Jacob Lee Introduction There is a saying that you should not put all of your eggs in one basket. It means that you need to prepare for a case when the basket gets damaged and all of the eggs inside go unused, accordingly. In this context, diversification is regarded as a rule of thumb …

Italian Natural Gas Market Report

  Italian Natural Gas Market Report Jacob Lee 2019-03-13 The figures are not compatible with word press, therefore, they have been omitted Introduction Italy is geologically located in Southern Europe. Taking advantages of its central location, Italy is trying to make itself as a natural gas hub in Southern Europe. Along with market liberalization and …

Champion of Prosperity: Cities [Part 2]

By Jacob Lee Energy Efficiency The energy efficiency takes a variety of forms: space Insulation from the external environment, installment of LED lighting, and the improved gas mileage. It is known to us that economic growth drives the increase in energy consumption. Economic growth makes people have more disposable incomes at hand. With more disposable …

Champion of Prosperity: Cities [Part 1]

By Jacob Lee Cities attract the best of minds around the world. Not only is it visible in developed countries but also in developing countries. In the cities, people can interact more with each other. The concentrated space of cities promotes interaction than rural areas. For this reason, many of the brightest ideas have been …