31 China’s $23 Trillion Local Debt Mess Is About to Get Worse (finance.yahoo.com) posted 342 days ago by seernewday 342 days ago by seernewday +31 / -0 China’s $23 Trillion Local Debt Mess Is About to Get Worse (Bloomberg) -- In 2021, a remote coal town in northeastern China was forced to undergo an unprecedented financial restructuring. Its struggles since are an ominous sign for President Xi Jinping as other heavily indebted municipalities look set to follow su... 9 comments share 9 comments share save hide report block hide replies
To me it reads like the Cabal in China is panicking as they are attacked from yet another angle.