
Mark Moss | The Bitcoin Revolution | EP 127
Swan Signal Live - A Bitcoin Show
00:00
The Zongrong Situation and Its Potential Impact on the US Financial Markets
This chapter of the podcast discusses the zongrong situation in China, a shadow bank involved in a Ponzi scheme similar to FTX, causing significant financial losses. The lack of transparency and regulation in China allowed this situation to persist for a long time, potentially impacting the US financial markets.
Transcript
Play full episode