China’s Shadow Banking Crisis Just Started
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Top Comments (10)
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.
It’s crazy how weak everything is held together… Like building a boat with popsicle sticks and Elmers glue
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
You tried to say Michael Burry’s last bet is NOT a reason for panic, but maybe it is😊
I don’t think I need to go to the bank to separate out into 250k… I wish!
Yeah, I better make sure all my bank accounts are less than $250,000. Oh, wait, I'm good.
Funny how much impact this channel has on my instruments and my personal finance
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
It just gets worse and worse and worse and worse
Country garden is the developer of the forest city here in Malaysia.only 20% or less people brought that.
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Top Comments (10)
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.
It’s crazy how weak everything is held together… Like building a boat with popsicle sticks and Elmers glue
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
You tried to say Michael Burry’s last bet is NOT a reason for panic, but maybe it is😊
I don’t think I need to go to the bank to separate out into 250k… I wish!
Yeah, I better make sure all my bank accounts are less than $250,000. Oh, wait, I'm good.
Funny how much impact this channel has on my instruments and my personal finance
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
It just gets worse and worse and worse and worse
Country garden is the developer of the forest city here in Malaysia.only 20% or less people brought that.