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👕 My Merch Store 👉 https://store.coinbureau.com/
🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/
~~~~~~
📺 Useful Vids 📺
Evergrande Blowup 👉 https://www.youtube.com/watch?v=v5g46...
Fake GDP Numbers 👉 https://www.youtube.com/watch?v=9jO1G...
Supply Chains 👉 https://www.youtube.com/watch?v=-5RPw...
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⛓️ 🔗 Useful Links 🔗 ⛓️
Twitter Thread on Crisis: https://twitter.com/liqian_ren/status...
Codes Turn Red: https://edition.cnn.com/2022/06/15/ch...
What's Behind The Runs: https://www.afr.com/companies/financi...
Rural Bank Runs: https://www.scmp.com/economy/china-ec...
Mortgage Strike: https://www.bloomberg.com/news/articl...
China Credit Crunch: https://www.bloomberg.com/graphics/ch...
China GDP Numbers: https://edition.cnn.com/2022/07/14/ec...
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- TIMESTAMPS -
0:00 Intro
0:42 What Bank Runs?
5:17 The Protests Start
8:41 The Protests Grow
11:37 China’s Economic Problems
14:51 Mortgage Strikes
18:10 Conclusion
~~~~~~~
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#China #BankRuns #Crisis #GDP #Economics
📲 Insider Info in my Socials 👉 https://guy.coinbureau.com/socials/
👕 My Merch Store 👉 https://store.coinbureau.com/
🔥 TOP Crypto TIPS In My Newsletter 👉 https://guy.coinbureau.com/signup/
~~~~~~
📺 Useful Vids 📺
Evergrande Blowup 👉 https://www.youtube.com/watch?v=v5g46...
Fake GDP Numbers 👉 https://www.youtube.com/watch?v=9jO1G...
Supply Chains 👉 https://www.youtube.com/watch?v=-5RPw...
~~~~~~
⛓️ 🔗 Useful Links 🔗 ⛓️
Twitter Thread on Crisis: https://twitter.com/liqian_ren/status...
Codes Turn Red: https://edition.cnn.com/2022/06/15/ch...
What's Behind The Runs: https://www.afr.com/companies/financi...
Rural Bank Runs: https://www.scmp.com/economy/china-ec...
Mortgage Strike: https://www.bloomberg.com/news/articl...
China Credit Crunch: https://www.bloomberg.com/graphics/ch...
China GDP Numbers: https://edition.cnn.com/2022/07/14/ec...
~~~~~~
- TIMESTAMPS -
0:00 Intro
0:42 What Bank Runs?
5:17 The Protests Start
8:41 The Protests Grow
11:37 China’s Economic Problems
14:51 Mortgage Strikes
18:10 Conclusion
~~~~~~~
📜 Disclaimer 📜
The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading cryptocurrencies poses considerable risk of loss. The speaker does not guarantee any particular outcome.
#China #BankRuns #Crisis #GDP #Economics
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Francisco Gimeno - BC Analyst We won't see this in the big media, but some Chinese banks specially in some rural areas and middle seize cities have suffered Bank runs. Even today, when we are writing this, we can watch some videos of actual tanks protecting some banks from being assaulted by clients who are afraid of having lost all their savings or business accounts. The actual size of China means that this seem isolated incidents of an economy which due to COVID and the logistic supply chains issues, plus the lockdowns and a weak real estate housing market is having enough problems. We wonder, together with this podcast if the Chinese government will be able to control this, and if these bank runs don't spread panic to other bigger and more important banks in that country. This is China, a giant, a global power in many aspects, while showing fractures all around their economy and society. The protests are there now, and other past problems like real estate bankruptcies are present. In short, this podcast is almost compulsory to get proper and non biased information and opinion on what is going on in that part of the world.