The state can kick the can a bit further through liquidity measures, as they continue to do, but their financial system will need to reset.What does this imminent Chinese financial crisis mean?

Spain had a huge real estate bust as its real estate bubble (much bigger than the US one) deflated during the financial crisis.

This public adjuster able to diplomatically negotiate and proving the claim was way larger than what the original number would be.

"Never waste a crisis."?

Many businesses and families are hurting during this crisis.

It was based on this analysis that in 1997 he predicted the housing crisis of 2008.

Imo, having lived through the 2008 housing crisis we all experienced a once in a lifetime anomalous event.

So, in FL there's an "insurance crisis" in some areas leaving homeowners and landlords with double and triple their premiums from the previous year if they can even get insurance.

The economic system has been bailed out so many times it is difficult to keep track of where the last crisis ended and the latest one begins. 

Crisis averted, for now!