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China’s Shadow Banking Crisis Just Started

2023-08-21 Education
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Andrei Jikh
Andrei Jikh
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China’s Shadow Banking Crisis Just Started, here's what that means: ► Receive Full Free Stocks via Moomoo (T&C Apply): https://j.moomoo.com/00mF1C Up to 15 Free Stocks via Moomoo US (For Australian users, up to 10 Free Stocks for A$2K deposit), T&C Apply: https://j.moomoo.com/00zRxu ► How I went from Zero To A Million: https://www.zerotoamillion.com ► My Stock Portfolio + Stock Tracker: https://www.patreon.com/andreijikh ► Get 2 FREE stocks valued up to $1850 (when you deposit $100): https://act.webull.com/kol-us/share.html?hl=en&inviteCode=QhhB1aDNwEDP ► ROBINHOOD (Get 1 Stock When You Sign Up): https://robinhood.c3me6x.net/c/1980551/671816/10402 ► Open A Roth IRA: https://m1finance.8bxp97.net/c/1980551/696710/10646 ► Follow Me On Instagram: https://www.instagram.com/andreijikh/ ► How I Protect My Bitcoin: https://shop.ledger.com/pages/ledger-nano-x?r=535643c13ab0 My PO Box: Andrei Jikh 4132 S. Rainbow Blvd # 270 Las Vegas, NV 89103 SOURCES: https://www.youtube.com/watch?v=dOKv3cGH_lU https://www.youtube.com/watch?v=33k0CLrjqyU https://www.yahoo.com/news/china-stalling-economy-puts-world-141731036.html https://www.cnbc.com/2023/08/15/fitch-warns-it-may-be-forced-to-downgrade-dozens-of-banks.html https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html https://www.barrons.com/articles/july-fed-minutes-release-rates-today-89b3ae86?mod=hp_LEAD_2 https://www.nytimes.com/2023/08/15/business/country-garden-china-property.html https://www.bnnbloomberg.ca/blackrock-allianz-s-country-garden-bond-exposure-draws-focus-1.1959443 https://www.visualcapitalist.com/wp-content/uploads/2023/08/global-economy-2023-1200px.jpg https://www.scmp.com/business/banking-finance/article/3231490/chinas-shadow-banking-crisis-sparked-defaulting-property-developers-could-trigger-broader-threat *None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.

Top Comments (10)

@168tsai8 2023-08-21

What is a surprise is that this didn't actually happened much closer to 2021, when the Chinese real estate developers started defaulting on their loan obligations.

124 7 replies
@AgitpropPsyop 2023-08-22

It’s crazy how weak everything is held together… Like building a boat with popsicle sticks and Elmers glue

69 3 replies
@Portraofficial 2023-08-22

Also it's important to add the Tofu Dreg phenomena of this crashing. And tofu dreg extends to other big construction projects. Imagine paying for a house that you don't even have, and if you have anything, good luck that your new house will last as long as you thought it did

20
@Ape76 2023-08-21

You tried to say Michael Burry’s last bet is NOT a reason for panic, but maybe it is😊

5
@rosso2017 2023-08-22

I don’t think I need to go to the bank to separate out into 250k… I wish!

4
@GUNNER67akaKelt 2023-08-21

Yeah, I better make sure all my bank accounts are less than $250,000. Oh, wait, I'm good.

3
@ericjmasters 2023-08-22

Funny how much impact this channel has on my instruments and my personal finance

3
@sanelibuyuk2038 2023-08-22

Even though I already understand how shadow banking(calls and puts from last vid) works, something about the “explain-it-like-I’m 5” method that I really love

2
@tarawhite4419 2023-08-22

It just gets worse and worse and worse and worse

0
@azax3813 2023-08-22

Country garden is the developer of the forest city here in Malaysia.only 20% or less people brought that.

0

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