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please keep in mind as you read this that I haven't thought about this stuff at all for a decade and I may be misunderstanding or misremembering market operation, and weight it in that light
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yeah. more context chinese debt may be in a really bad state right now (we don't know but there are suspicions) how much does this matter here? it probably matters a lot. more fuel for the fire, less dry powderhttps://twitter.com/thesravaka/status/1382280941809324033?s=19 …
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more feeling more confident in my initial assessment https://www.bloomberg.com/news/articles/2021-04-14/china-huarong-showdown-reveals-beijing-s-tougher-stance-on-risk …pic.twitter.com/NmFbx9vBw5
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