The size of the "shadow banking" sector ballooned during the 'bailout' of the global economy in 2016, and it has stayed in extremely frothy levels.
Especially the local governments used the "shadowy vehicles" to finance infrastructure and housing projects in 2016. 4/ pic.twitter.com/MnEzWegDc3
— Tuomas Malinen (@mtmalinen) October 16, 2020
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