Yes, this has been brewing for about three years….time to pay the piper. Problem is most of these bullish!t projects were done with borrowed money….And it is money that will never come back to the bank….
Expect some major financial drama and restructure in China over the next couple years - almost everyone knows it but the government pipers…..There is no alternative. And sell iron stocks….China Inc….business is coming to a gradual end….
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