Eurodollar University China's Banking System Is Melting Down ALL At Once
Dec 12, 2024
China's central bank is considering unconventional bond purchases amid a banking crisis characterized by poor balance sheets and rising bad loans. This financial turmoil spurs discussions on money-financed fiscal expansion and its distinct differences from quantitative easing. The hosts delve into the implications of direct bond sales and the ineffectiveness of fiscal measures in addressing China's underlying banking issues, raising alarms about potential global repercussions.
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