Eurodollar University HOLY SH*T! Has a Financial Crisis Begun in China?!
Jan 17, 2025
China is facing a severe liquidity crisis, with money markets in turmoil and borrowing costs skyrocketing. The People's Bank of China is battling the chaos but struggles to maintain stability amidst increasing financial turbulence. A sharp decline in social financing signals a looming credit crisis, echoing similar economic challenges in India. The dire situation raises questions about the future of China's banks and the broader implications for the global economy.
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