Chinese crackers

February 2024 Forums General discussion Chinese crackers

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    alanjjohnstone
    Keymaster

    We had the Wall St Crash now it seems that the Great Wall of China is about to tumble. An interesting article here.

    http://www.counterpunch.org/2013/03/29/chinas-shadow-bankers-and-the-vampire-squid/

    "Eventually China’s property bubble will burst,  investors in sketchy wealth management products will face heavy losses, defaults and bankruptcies will soar,  and the economy will slip into recession. China’s financial crisis is coming; it’s just a matter of when?"

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