oh shit is evergrande getting ugly? I haven't been paying attention because moving saw they bailed out Huarong earlier going to investigatehttps://twitter.com/orthonormalist/status/1436187084876705821 …
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everything I post without attribution from now on is just from
@orthonormalisthttps://twitter.com/FinanceLancelot/status/1436725114905710604?s=19 …
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curious about what’s been happening wrt shadow banking lately, I stumbled across:https://blogs.worldbank.org/allaboutfinance/systemic-risk-chinese-banking-sector …
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and it seems there has been regulatory stuff happening recently, alongside the crypto stuffhttps://asia.nikkei.com/Spotlight/Caixin/China-s-13tn-shadow-banking-sector-gets-clearer-definition …
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That's $1 Trillion. This is going ruin people.