Eurodollar University HOLY SH*T! China’s Currency Crisis Is Worse Than Anyone Expected
Jan 12, 2025
The yuan is teetering on the edge of crisis, revealing the deep economic struggles in China. Efforts by the People's Bank of China to stabilize the currency have fallen flat, exposing a deflationary spiral. The transformation of China’s banking system adds another layer of complexity. Recent governmental measures seem inadequate, leading to a grim outlook not only for China but also for the global market. As mainstream awareness grows, the true roots of this crisis are becoming impossible to ignore.
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