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πΊ Useful Vids πΊ
China Bank Runs π https://www.youtube.com/watch?v=mKnwXQrgivI
China & Taiwan π https://www.youtube.com/watch?v=YWYO5RAorqA
China Fake GDP π https://www.youtube.com/watch?v=9jO1G4CNse8
Evergrande π https://www.youtube.com/watch?v=v5g46Nk4PuM
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βοΈ π Useful Links π βοΈ
China Bad Data: https://www.wsj.com/articles/china-growth-slows-across-all-fronts-in-july-as-real-estate-weighs-11660545532
People Living in Half Built: https://www.bbc.com/news/av/world-asia-62436926
Mortgage Boycotts: https://www.bloomberg.com/news/features/2022-08-03/china-real-estate-market-crisis-protests-may-spur-multi-billion-dollar-rescue
China Bank Risks: https://www.bloomberg.com/news/articles/2022-07-31/china-banks-may-face-350-billion-in-losses-from-property-crisis
Offering Cars / Pigs: https://www.youtube.com/watch?v=S42OQOhV3MI
China Zero Covid: https://www.bbc.com/news/business-62173735
Evergrande Bankrupt: https://www.nytimes.com/article/evergrande-debt-crisis.html
Bank Run Beatings: https://www.cnbc.com/2022/07/11/chinese-bank-depositors-face-police-in-angry-protest.html
China Youth Unemployment: https://www.bloomberg.com/news/articles/2022-08-15/china-youth-jobless-rate-hits-record-20-in-july-on-covid-woes
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- TIMESTAMPS -
0:00 Intro
0:38 Bad Economic Numbers
4:39 Real Estate Woes
8:17 Bubble is Popping
12:11 Banking Sector
16:13 What it Means For You
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π Disclaimer π
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#China #Economy #Property