Friendly reminder that China is the biggest bubble in 10,000 years of human history: https://www.crescat.net/crescat-capital-quarterly-investor-l...
Imagine a country with 1,000 different Enron’s or Countrywide’s that instead of being investigated by the government are getting cover/protection instead.
Upcoming movie about this: https://youtu.be/MRm3SYaG7k0