From high unemployment and currency devaluation to declining exports and weak domestic consumption, China’s economy suffers from various debilitating conditions. But the most threatening attack is the local government debt meltdown (including LGFV’s) and an ensuing banking crisis. Which Chinese banks will be the first to go down?
Two previous videos:
Domestic Consumption: https://youtu.be/r2lj_Jt859A
Unemployment: https://youtu.be/IrsWejq3zKQ
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