Why You Shouldn’t Borrow Too Much Money, China Edition
When the US housing bubble burst in 2007, most observers were focused on the threat to Wall Street banks and their massive derivatives books. This was a legitimate fear, since the worst case scenarios involved the death of Goldman Sachs and JP Morgan Chase, with all the stock market carnage that that implied. But for […]
The post Why You Shouldn’t Borrow Too Much Money, China Edition appeared first on DollarCollapse.com.
Source: https://www.dollarcollapse.com/borrow-money-china/
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