Credit exhaustion: China’s M2 money supply seem to be hitting a wall. During post 08’ crisis, credit was growing 3x its current pace!

The US to China money supply ratio also remains near record lows.

That’s after the sharpest increase in US money supply in history.

Insane how much credit is in the Chinese economy today. pic.twitter.com/7Vc5nL3ZSr

— Otavio (Tavi) Costa (@TaviCosta) August 14, 2020