#Balance Sheet
共检索到 2 篇相关深度研报
The Quicksand Class: Governance Logic and the Fragility of China’s Middle Income
A sociological deconstruction of China’s 400-million-strong middle income group, analyzing why they function as a 'quicksand layer' rather than a stable bourgeoisie, and how governance logic prioritizes economic extraction while strictly suppressing horizontal organization.
The Fiscal Logic of Mortgage Subsidies: Asset Exposure and the Redistribution Paradox
An anatomical look at the fiscal gears behind mortgage interest subsidies. We analyze why the 'thickness' of these subsidies fails to hedge against asset volatility and how matching subsidies create a regressive redistribution of wealth.