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![joequant Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::45808758.png) Joseph Wang PHD [@joequant](/creator/twitter/joequant) on x 1120 followers
Created: 2025-07-18 22:19:05 UTC

@adam_tooze @KaiserKuo @gonglei89 So what's happened is that local govts last year are putting in money to stabilize the market.  The trouble is that you have a frozen market, and so when you put in money, that helps for a while, but then the market unfreezes and prices go down more.


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[Post Link](https://x.com/joequant/status/1946333931923734573)