We’re all the top of a rollercoaster and only a handful of us know that it’s about to drop.
8 trillion?! woahh Chinese local government investment vehicles owe $8 trillion and are big dollar bond issuers. Under stress, Beijing may let some default; others might try to offload assets in a weak market. It may get ugly, says @ywchen1 https://t.co/EopC9YdVWt pic.twitter.com/KqiL4azlVF — Reuters Breakingviews (@Breakingviews) January 10, 2022 And here’s the source if anyone’s … Read more