What's Happening in China?

Banks have converted all their deposits into investments, so you can't actually take em out. The question thog is that this is more orless where we were back in two thousand and eight banks at overland. And on e case of china, those highly levered, spected institutions levered themselves up on real estate. There is more vacant apartment in china than there are germans in the whole world. Sbasilyy have a classic, classic property unwinding.