Warning from the Chinese Central Bank (PBOC) of "latent risks accumulating....

including some that are 'hidden, complex, sudden, contagious and hazardous.'

Two weeks after warning of the potential for an imminent ‘Minsky Moment’, the Chinese central bank governor has penned a lengthy article that warns ominously of latent risks accumulating, including some that are “hidden, complex, sudden, contagious and hazardous”