2min chapter

All-In with Chamath, Jason, Sacks & Friedberg cover image

E88: First principle politics, China chaos & outlook, state of private/public markets & more

All-In with Chamath, Jason, Sacks & Friedberg

CHAPTER

The Chinese Economy Is in Chaos Right Now

i predicted China was going to dunk on us, and i said it's very hard to run these authoritarian countries. And here we go. Chinese economy is growing very slowly. They were going to do five and a half % this year. In cu two covet there's been a seri of bank protests. After weeks without a resolution, customers have been began protesting. Thugs have been hitting ad kicking the protesters. The authorities haven't said how much money is frozen. A protesters claimm its billions of an but it's hundreds of millions in the us.

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