Is China about to invade Taiwan?
Bro History
00:00
Is China Going to Supersede the United States?
There is this new idea that China's economic problems are actually way bigger than we initially expected. Three quarters of new loans in China now simply go to paying the interest on existing debt. The Chinese authorities are well aware of this problem, and they've tried various things to fix it. But at the end of the day, there's just a ton of bad debt in the system.
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