China's debt problem and the Chinese banks that will be hit first
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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MORE VIDEOS:
Why do China's economy and 500 million Chinese matter so much in Geopolitics?
https://youtu.be/IrsWejq3zKQ
Why is China’s domestic consumption so abysmal?
https://youtu.be/r2lj_Jt859A
The untold facts behind money printing, inflation, and your money
https://youtu.be/8xeEmIBxCTQ
The West's costly China misconceptions (1): When in China, do as the Chinese do
https://youtu.be/nbEUxezFmc8
The West’s costly China misconceptions (2): Don’t criticize China, Chinese people or the CCP
https://youtu.be/PnNgGo1VJw8
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