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2min chapter
Reverse Ponzi Scheme
The Compound and Friends
What's the Spoolship Caus It's Not?
To offset this weakness in part of the economy, they got to get chinese consumers pick up the slack. It's like everyone who wanted a pelaton went and bought it. And so you just taken five years of demand and squashed it into two. So things are just going to fall off. But yo morou, i think the bigger issues are, they've lowered their loan prime rate. They've lowered, what's the rate at? What's the way to borrow money in china now? Well, the tenyor treasury's about two point eight % a so it's comparable to where us. Treasuries areb we're the buyers of their bunds,
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