The tide in turning in China..
China’s Government Is Letting a Wave of Bond Defaults Just Happen
Investors have long assumed the state would step in and help many companies, but that’s no longer a safe bet.
More here; https://www.bloomberg.com/news/articles/2019-12-26/china-s-government-is-letting-a-wave-of-bond-defaults-just-happen
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The Masses Are Being Conditioned to Ignore the Economic Bubble (Brandon Smith), page-7
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Shanthar Pathmanathan, MD
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