"The Scope For Pain Is Immense" - China's Consumer Default Tsunami Has Started
Mar 29th 2020 8:15pm EDT
“The Scope For Pain Is Immense” – China’s Consumer Default Tsunami Has Started One month ago we reported that “China Faces Financial Armageddon With 85% Of Businesses Set To Run Out Of Cash In 3 Months”, in which we explained that while China’s giant state-owned SOEs will likely have enough of a liquidity lifeblood to […]
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