Swan Signal Live - A Bitcoin Show cover image

Mark Moss | The Bitcoin Revolution | EP 127

Swan Signal Live - A Bitcoin Show

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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.

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