Comments by "David Himmelsbach" (@davidhimmelsbach557) on "Kyle Bass: Why the Chinese Economy is Going to Collapse" video.

  1. Red China has entered the Greatest Depression in all history. The typical talking head does not touch -- much -- on this fact. Modern money is created -- mostly -- via real estate lending. Yes, some money is created directly by government money printing, some is created by commercial/retail lending -- but modern money is overwhelmingly created by LENDING. And real estate transactions are the largest ordinary folks ever engage in. The associated debts last for decades. When a nation drastically contracts its money supply -- Hell follows. [ USA 1930-1940 ] Red China spewed out debt at a staggering volume for a staggering amount of time. This epic bubble is now fully reversing. Even Beijing money printing is insufficient to cash out debtors// save credit issuing institutions. By the end, the entire political game will be ended. Revolution will be in the air. China has gone through this process -- rather repeatedly over the centuries -- as China invented paper money in the first place.
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