
SLP397 Stack Hodler - Money Printing Around the World
Stephan Livera Podcast
00:00
Is the Government Going to Do a Bail Out?
Banks in china are refusing to pay back their bank loans. They're holding a bunch of bad debt, basically. So who loses? For now, it's the chinese banks. But you know, like any big bank, the government's probably not just going to let them fail. And i think maybe the broader point here is that people were using properties as their store of value. It may not just be restricted to china. In various countries this exists, this property culture.
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