China’s enormous credit bubble put into historical context

It simply means the higher that Gold line goes, more likely a Chinese economic crisis and more epic when crashing.

READ  Been seeing alot of posts with questions like "Are we in a bubble?", "Could this be like 1999 or worse?" , "We haven't had a correction since 08-09 so aren't we due?", "COVID-19 is on the rise, could this be the catalyst for a pop?"... Invest in the future, not next month!

It’s like staying awake without sleep on meth, longer and more you take means bad news when you eventually crashes. Those are some extreme Overdose levels right there, probably an instant death for normals.

 

h/t NineteenEighty9

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